Purpose
This report determines the effective interest rate for the transactionsselected and updates it in the database.

Prerequisites
When defining the product types of the respective transactions, specifyan effective interest rate method.

Features
The effective interest rate for the current activity of the selected
transactions is calculated according to the method specified when
defining the product type.
In the test run, the effective interest rate determined is only output.
In the productive run, it is updated in the database so that it is
available for further evaluations.
As of Release 4.6A, the effective interest rate is calculated
automatically and updated when processing the transaction if a method
has been specified for the product type. This program can, therefore,
especially be used if the effective interest rate is being calculated
for transactions created prior to Release 4.6A or the method definedfor the product type has been changed.

Selection
When selecting the transactions to process, you can do the following:

• You only process transactions that have not yet had the


• effective interest rate for the current activity updated in the


• database.


• You only process the transactions specified.