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PBS_AU_TIM_LP_060 - Specify Nominal Bond Rate

BAL Application Log Documentation   ABAP Short Reference  
This documentation is copyright by SAP AG.

The bond rate is the current net discount. It takes into account the interest accumulated on a liability by the time employees reach the age when they can take long service leave. The bond rate is calculated to the power of the number of years to liability, and it reduces the liability. It is based on the national government security rate.

The standard system provides the following values for the bond rate:

• Value 8.78 for Nominal Bond Rate Year 1 (payroll constant BND01)

• Value 8.78 for Nominal Bond Rate Year 2 (payroll constant BND02)

• Value 8.72 for Nominal Bond Rate Year 3 (payroll constant BND03)

• Value 8.60 for Nominal Bond Rate Year 4 (payroll constant BND04)

• Value 8.42 for Nominal Bond Rate Year 5 (payroll constant BND05)

• Value 8.23 for Nominal Bond Rate Year 6 (payroll constant BND06)

• Value 8.05 for Nominal Bond Rate Year 7 (payroll constant BND07)

• Value 7.85 for Nominal Bond Rate Year 8 (payroll constant BND08)

• Value 7.70 for Nominal Bond Rate Year 9 (payroll constant BND09)

• Value 7.60 for Nominal Bond Rate Year 10 (payroll constant BND10)

• Value 0.00 for Nominal Bond Rate Year 10+ (payroll constant BND11)

• Carry out activity for each nominal bond rate.

• Adjust Start Date.

• Specify Value.

CPI1466 during Backup   General Data in Customer Master  
This documentation is copyright by SAP AG.

Length: 1788 Date: 20240523 Time: 205624     sap01-206 ( 26 ms )