Changing the Value of a Loan 

Use

If the interest rate for the loan conditions or the repayment amount and/or annuity installment change, you must create a new infotype record for the Loans infotype (0045). The old data record is then delimited in time. If several data records exist for one loan in a payroll period, the record that is valid at the beginning of the period is evaluated within Payroll.

The loan amount and approval date are fixed elements of a loan. These values must remain constant in all the loan data records.

If there is a split in the payroll results due to a personnel action or change in the legal person, proceed as described in Processing Loans in the Case of a Change in Company Code.

Prerequisites

Procedure

  1. Enter the employee’s personnel number.
  2. In the Infotype field, enter 0045 and in the Subtype field, enter the loan type to be changed.
  3. Choose .
  4. If several loans exist for the same loan type, select the loan to be changed using or .
  5. Choose Edit ® Copy.
  6. Enter the new validity period and change the loan values (for example, the repayment installment).
  7. Save your entries.

Result

You have made a time-dependent change to the loan. A new data record is created and the old data record is delimited.