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_ISUBIBDRS_000066 - Use of Leap Days
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You can use the leap day control for all base calculation procedures.
If you set the leap day indicator, leap days are treated like any other day. If you do not set the field, leap days are not counted as a day.
Calculation to the day
If you set the leap day indicator, the time slice from 1/1 to 12/31 is calculated with a time portion of 366 days in a leap year.
Month-based calculation using a key date
For month-based calculation using a key date, the leap day control refers only to leap days in the move-in/out month, if these months are to be calculated to the day.
If you set the leap day indicator, a move-in time slice from 2/25 to 2/29 is calculated with the following time portion in a leap year:
5 days * 12 months
-------------------- = 0.1644 month
365 days
If the leap day indicator is not set, the following time portion is calculated:
4 days * 12 months
--------------------- = 0.1315 month
365 days
Month-based calculation using an interval
For month-based calculation using an interval, the control refers only to billing periods that are to be billed to the day (for example, a move-in/out or billing period outside of the interval)
If you set the leap day indicator, the following time portion is calculated, for example, for a move-in time slice from 2/25 to 2/29 in a leap year with reference to the standard month (= 30 days).
5 days
---------- = 0.1667 month
30 days
If the leap day indicator is not set, the following time portion is calculated:
4 days
----------- = 0.1333 month
30 days
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