Creating a Consumer Loan

Use

You can create a loan in the following statuses:

  • Application

    The interested party has applied for a loan at your company.

  • Contract offer

    Your company has offered the interested party a loan contract.

  • Contract

    The interested party has accepted the offer. A legally binding loan contract now exists.

    Recommendation Recommendation

    SAP recommends that you only enter the loan in status Contract once the interested party has signed the contract offer.

    End of the recommendation.

Prerequisites

  • In the Customizing settings for Loans Management you need to define the possible status transfers in the IMG activity Company Code-Dependent Settings for Product Type .

  • At least one model calculation for the business partner must exist in the system.

  • You need to have fulfilled the following prerequisites to be able to save the loan in status Contract .

    • The status of the attachments on the Contract tab page must be green , yellow , or deactivated .

  • For more information on the attachment Credit Life Insurance , see Processing Credit Life Insurance .

    • The business partner for the borrower must be created completely for a role from the main borrower role category (TR100).

Procedure

  1. In the SAP Easy Access menu, choose Start of the navigation path Loans Management Next navigation step New Business Next navigation step Consumer Loan Next navigation step Change. End of the navigation path

  2. Enter the company code and choose Start of the navigation path Loans Next navigation step Find Model Calculation End of the navigation path .

    The Business Partner Search screen appears.

  3. Enter the search criteria and select the business partner.

    The system displays all the existing model calculations for the business partner.

  4. Select a model calculation and choose Continue .

    You can compare the existing versions of the model calculation and create additional versions.

  5. Choose the model calculation that is to be used as the basis for the loan by double-clicking on the relevant row.

    A green tick appears next to the row in the Selected column.

  6. In the Status field, select the value Application, Contract Offer or Contract and choose Start of the navigation path Loan Next navigation step Save End of the navigation path .

    The system saves the loan and changes to the display mode.

Result

You have created a loan for the business partner in the status Application , Contract Offer or Contract .

  • You can generate and print out correspondence for the loan, such as a contract offer.

  • You can change the status of the loan by calling up the loan, changing the values in the Status field and saving your entries. The possible status transfers depend on the settings in your system.