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RULES OF RENAMES CLAUSE:
The rules below should be observed while using the RENAMES clause:
(i) All RENAMES entries should be written only after the last record description entry.
(ii) The RENAMES clause should be used only with the special level number 66. The level number starts in margin A or any place after it. The Data-name-1 should start from margin B or any position after it. There should be at least one space between the level number and data-name-1.
(iii) The Data-name-2 and data-name-3 can be the names of an elementary items or group items. They, though, cannot be items of the level 01, 66, 77 or 88.
(iv) The Data-name-1 might not be used as the qualifier. It can be qualified only by the name of the record within which it is defined.
(v) Neither data-name-2 nor the data-name-3 can have an OCCURS clause in its neither description entry, nor can they be subordinate to an item which has an OCCURS clause in its data description entry.
(vi) The Data-name-3, if mentioned, should follow data-name-2, in the record and should not be one of its subfields.
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simplify smple interest
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