The basic data classifies and describes a loan (for example, loan type, loan class, application date, application capital) and provides information used for drilldown reporting (such as the balance sheet indicator or group key).

You can enter different types of basic data when you create or change an application, contract offer or contract.

The following basic data can be entered:

For most of these fields you can define field selections in Customizing that are dependent on the product type and loan status (for example, under Company Code-Dependent Settings for Product Type). You can also enter default values in Customizing for several of the fields according to product type.