Definicja interest calculation method (IS-B)

A calculation rule that defines how many days between two dates are included for the calculation of interest. In mySAP Banking the following interest calculation methods are supported: act/360, act/365, act/366, 360/360, 360E/360, act/actP, act/actY, actW/252.

For method act/360, for example, a year is counted as having 360 days and the number of calendar days between two dates is used.