Hi,
In treasury – money markets projects. The outline of the project is employes contributing (investing) some amount within Company from 3 years to 25 years based on their interest. The company gives prime plus rate on those investments. Interest is getting calculated every quarterly and gets capitalized, it would be paid at end of the term to them along with the principal amount. For this project, we use T code FTR_CREATE for creating transaction/contract for the contributions made. These transactions/contracts are Liabilities to the company. Defined product type, portfolio for GL postings, and update types.
We have two payout methods i.e. lump sum and installment method. while paying Lump sum payment we don’t find any issues but when it comes to Installment payout. I am facing some problem while fixing the interest rates by using TJ05 before running TBB1.
For instance, if the payout is on June 15th of 2013. Need to fix the interest until 03/31/2013, but if we fix until that time by using TJ05 it is getting fixed until 06/30/2013 and interest is getting locked until this period. While making installment payout method, if the employee leaves on 4/11/2013, then we need to change the contract/transaction end date. But its not allowing us to change, as the interest is getting locked until 06/30/2013.
Please provide your inputs.
Thank you,
Nikhitha