What is interest rate adjustment date in SAP CA-FIM-FMA - Financial Mathematics?

SAP Term: interest rate adjustment date

• Component: CA-FIM-FMA

• Component Name: Financial Mathematics

• Description: The date as of which the system uses the variable interest rate. The following interest rate adjustment dates are possible: Date of the reference interest rate entry valid-from date of the reference interest rate Start date of the period of a flow Periodic dates periodic interest rate adjustment

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• Key Concepts: 
  Interest rate adjustment date is a term used in the Financial Mathematics component of SAP. It is the date on which the interest rate of a loan or other financial instrument is adjusted. This date is usually set at the beginning of the loan agreement and can be changed over time. 
  
  How to use it: 
  The interest rate adjustment date can be set in the SAP system by entering the details of the loan agreement. This includes the start date, end date, and interest rate adjustment date. The interest rate adjustment date can then be used to calculate the interest rate for each period of the loan. 
  
  Tips & Tricks: 
  It is important to ensure that the interest rate adjustment date is set correctly in order to accurately calculate the interest rate for each period of the loan. It is also important to keep track of any changes to the interest rate adjustment date over time. 
  
  Related Information: 
  The Financial Mathematics component of SAP also includes other features such as amortization, depreciation, and currency conversion. These features can be used to calculate various financial metrics such as present value, future value, and internal rate of return.