What is 'dirty price' in SAP FIN-FSCM-TRM-TM - Transaction Manager?

dirty price - Overview

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: Price quotation, in which accrued interest is taken into account in the actual price quoted.

dirty price - Details

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  Key Concepts: 
  Dirty price is a term used in the SAP Transaction Manager (FIN-FSCM-TRM-TM) module. It is the total price of a financial instrument, including any accrued interest or other fees. It is calculated by adding the clean price of the instrument to the accrued interest. 
  
  How to use it: 
  In SAP Transaction Manager, dirty price is used to calculate the total cost of a financial instrument. This includes any accrued interest or other fees that may be associated with the instrument. The dirty price can be calculated by adding the clean price of the instrument to the accrued interest. 
  
  Tips & Tricks: 
  When calculating the dirty price of a financial instrument, it is important to take into account any additional fees or charges that may be associated with it. This will ensure that you are accurately calculating the total cost of the instrument. 
  
  Related Information: 
  The SAP Transaction Manager module also includes other terms related to financial instruments, such as clean price, yield, and coupon rate. Understanding these terms can help you better understand how to calculate the total cost of a financial instrument.