What is end of fixed-interest period in SAP FS-BA-SD - Source Data?

SAP Term: end of fixed-interest period

• Component: FS-BA-SD

• Component Name: Source Data

• Description: The date up to which a specific interest rate 3.75%, for example is valid. &EXAMPLE& A 2-year loan from March 1, 2001 through March 1, 2003. Variable interest rate condition: 3-month Euribor with fixing every 3 months for the entire term of the loan. If you analyze the loan on April 1, 2001, the 3-month Euribor will already have been fixed. The end of the fixed-interest period in question is May 31, 2001.

Smart SAP Assistant

• Key Concepts: 
  End of fixed-interest period is a term used in SAP Financial Services - Bank Accounting - Special Data (FS-BA-SD) to refer to the date when the fixed interest rate of a loan or other financial instrument expires. This date marks the end of the period during which the interest rate remains constant and the beginning of a new period with a different interest rate. 
  
  How to use it: 
  In FS-BA-SD, the end of fixed-interest period is used to determine when the interest rate of a loan or other financial instrument will change. This date is used to calculate the amount of interest that will be charged for the remainder of the loan or instrument's term. 
  
  Tips & Tricks: 
  When entering data into FS-BA-SD, it is important to ensure that the end of fixed-interest period is entered correctly. This will ensure that the correct interest rate is applied for each period and that all calculations are accurate. 
  
  Related Information: 
  The end of fixed-interest period is related to other terms such as interest rate, loan term, and repayment schedule. It is important to understand how these terms interact in order to accurately calculate interest payments and other financial information.