Loan Payments (Infotype 0078) 

Definition

You enter data on payment and special repayment of company loans in this infotype. Various subtypes are available for this purpose. The master data on the loan conditions, the approval and loan status is however, entered in the Company Loans infotype (0045).

The payroll system uses the data from the Company Loans and Loan Payment infotypes to calculate the loan deductions and interest as well as the tax and contributions for the imputed income.

Structure

The Loan Payments infotype (0078) is subdivided into different payment types. Each payment type is represented by a subtype. In the standard system, the loan types are set up as subtypes.

Payment type subtype

Description

0100

Loan payment (external)

0150

Loan payment (payroll)

0200

Special repayment (external)

0250

Special repayment (payroll)

0300

Loan transfer

Subtype 0300 (Loan transfer) is not usually used. It is used only to transfer loans from legacy systems.

The payment types and subtypes are predefined and cannot be changed.

Loan assignment

The loan for which a payment or special repayment is entered, is defined by entering the appropriate values in the Loan Type and Sequential Number fields. If the external number from the Company Loans infotype (0045) exists, it is displayed.

The approved amount in the Company loans infotype (0045) is the maximum amount that can be paid. This approved amount is usually paid in several partial amounts.

Payment data

You enter the amount of the loans payment or special payment and when they should be paid here.