Repayment Plan (SAP Library

Repayment Plan

Use

You can create a repayment plan for a loan to obtain detailed information on the term of the loan and the charge to the employee.

Integration

You can only create the repayment plan for loans that you create in the Loans infotype (0045) or have already created.

Scope of Function

You create the repayment plan for each of the employee's loans, which is identified by the loan type and the sequential number.

You create the repayment plan in the currency of the repayment installment.

If you have already created loan payments, this is mentioned in the repayment plan.

When you create a loan in the Loans infotype (0045), you can simulate a repayment plan for an employee even if you have not yet entered any loan payments, and have not yet saved the loan.

You can enter any values for the loan amount, repayment installment, start of repayment and payment date. You can repeat the repayment plan again and again, for example, to check the effect a higher or lower repayment installment has on the term of the loan.

You can copy the values to the infotype that you have specified when simulating the repayment plan.

If you have, for example specified a different value for the loan amount when creating the repayment plan, to the value you have entered in the Approved loan amount field when creating the infotype record, you can copy this change to the infotype. The system then automatically copies the changed amount from the dialogbox Parameter for Repayment Plan to the Approved loan amount field. You must not manually enter the changed amount in this field.