Hi ,
As per my client requirement we have configured mark to mark procedure for security valuation in the system with the following critiria...
We have created treasury bill as zero bond instument in sap as client want to capture issuer and custodian and Security class details.
and every month they want to distribute the discount amount as amortization.
Here question is is it right approch to post the discount as amortization in month end .
and we have some issue on security valuation as follows.
Treasury Bill Start Date:21=Dec-2012
Treasury Bill maturity date:21-Mar r-2013
Face value:100000000
Book value:98270717
Price rate:98,270717 %
Price rate on 31122012= 98.242
When i run run TPM for the 21-12-2012 security valuation is posting wrongly as =1 758 000,00
Actually amount needs to post as defference between bookvalue and market value.
(10000000*98.270717/100= 98270717)-( 10000000*98.242/100=98242000)=28717
Insted of posting 28717 it is calculating-1758000(calculating on face value)
Please give the inputs as any thing is miss in my config.
Regards,
Krishna Reddy T