[T24] : Built-In routine for Interest Calcualtion

[M Rizwan]

Does T24 has any built-in function to calculate  interest based on the "interest basis" supplied as a parameter to the function.
I could not find this info. in Temenos Users manual "Subroutine Guide".

Will anybody please give me the name of the function along with info. about its parameters.


Thanks

Raif

[Santosh]

Try EB.CALC.REPAYMENT routine with the following parameters:

 

CALL EB.CALC.REPAYMENT(PRIN, CCY, RATE, LIFE, FREQ, TYPE, INTEREST, RESIDUAL.AMOUNT, START.OR.END, DAY.BAISS, ROUNDING, REPAY.AMT)

 

Incoming arguments

 

PRIN = Prinicipal amount

Currency = Currency of the contract

Rate = interest rate

Life = Number of payments

Freq = Frequency of payments like M01

TYPE = ANNUITY OR LINEAR

INTEREST = Interest element of first payment (Applicable for annuity only)

RESIDUAL.AMOUNT = Residual Principal

START.OR.END = 0 or '' for payment due at end of period

                            1 for due at end of period

 

Basis = A,B,E,F (INTEREST.BASIS)

 

Outgoing arguments:

 

REPAY.AMOUNT = Repayment amount total (To findout interest you can deduct this amount - Interest amount)

 

Try this. It will work fine.

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[Santosh]

Thanks Samuel....Its quiet good comparing with the one which i sent ....

2009/4/22 Samuel Hu <gb...@temenos.com>

Hi all,

 

Also We can try routine EB.INTEREST.CALC to calculate interest based on interest basis:

 

CALL EB.INTEREST.CALC(START.DATE,END.DATE,INTEREST.RATE,AMOUNT,ACTUAL.INT.AMOUNT,ACCR.DAYS,

     BASIS,

     CURRENCY,

     INTEREST.AMOUNT,

     ROUND.TYPE,

     CUSTOMER)

 

For example Incoming parameters:

CUSTOMER                  =''

     START.DATE                ="20070430"

     END.DATE                     ="20070531"

     INTEREST.RATE            ="2"

     AMOUNT                        ="100000.00"

     ACTUAL.INT.AMOUNT=''

     BASIS                               ='A'

     CURRENCY                    ='USD'

 

Outgoing parameters:

     INTEREST.AMOUNT

     ROUND.TYPE           

 

Regards

Sam

 

发件人: jB...@googlegroups.com [mailto:jB...@googlegroups.com] 代表 Santosh
发送时间: Tuesday, April 21, 2009 11:40 PM
收件人: jB...@googlegroups.com
主题: Re: [T24] : Built-In routine for Interest Calcualtion

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[Srinivas]

 

Hi,

 

CALL EB.INTEREST.CALC(VALUE.DATE,MATURITY.DATE,INT.RATE,PRIN.BAL,INT.AMT,'',Y.INT.BASIS,'',ROUND.AMT,ROUND.TYPE,'')

 

Hope this routine will help you. I am using this for Interest calculation as well annuity amount calculation.

Regards,

Srinivas.

2009/4/21 M Rizwan <raaif....@gmail.com>

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Mobile No: 00966 - 564991072

[M Rizwan]

Thanks very much Santosh and Sam.

Best Regards

2009/4/22 Santosh <santosh....@gmail.com>

--
M Rizwan

[Jim Idle]

M Rizwan wrote:
> Thanks very much Santosh and Sam.
>
> Best Regards
>

Hi Guys,

Remember to use UTF-8 encoding in your emails and not GB2312 etc - not
the crime of the century by any means but some people will not be able
to read your posts otherwise.

Jim