Additional functions for the loans component (SAP Library

Additional functions for the loans component

Use

From Release 4.6C, additional functions are available in the Loans component. These are mainly new or modified Customizing settings in the Loans unit of the Implementation Guide (IMG) for Payroll . Other new functions affect the reference interest rate and processing of the Loans infotype (0045).

Note

The following functions are not completely available in all country versions that use the Loans component.

New or Modified Steps in the Implementation Guide

Check Payroll Constants

In this step, you can specify the reference interest rate using the payroll constant REFIN in table T511K (Payroll Constants) from Release 4.6B onwards. You must no longer specify it individually for every loan condition in the Implementation Guide (IMG) step Maintain Loan Types . You should also refer to the SAP note 188087.

Specify Interest Calculation Method

Here, you can choose an interest calculation method for your enterprise that is different to the standard method. As before, the standard method assumes that there are 30 interest days in every month and uses 360 interest days for the annual interest base. You make settings for the interest calculation method in the INTLO (HR Loans: Interest Calculation Method) feature. This offers a selection of the most common interest calculation methods. You must only process the INTLO feature if you want to use a calculation method that is different to the standard one. Instead of modifying the feature, you can select another interest calculation method for individual loan conditions in the step Maintain Loan Types under Loans -> Master Data.

Adjust Screen Control

As for other infotypes, you can hide the fields that you do not require from the infotype interface for the Loans infotype (0045). In this step, you can also change screen control in the Conditions view of the IMG step Maintain Loan Types. This can, for example, be useful if you want to set the reference interest rate using a constant in table T511K (Payroll Constants) , instead of entering it individually for every loan condition. In this case, you hide the field Reference interest rate from the interface of the Conditions view. You should, however, consider that there should be no data for the field on the database. You should also refer to the SAP note 188087.

Set Up Customer Payment Types and Program Processing Logic for Payment Types (in the new section Customer Payment Types)

Here, you can also set up your own payment types and accompanying customer wage types in addition to the payment types provided by SAP. With the help of a Business Add In, you can finally program your own processing logic. If you have made changes to the payment types in a previous release, we recommend that you revert to the standard payment types.

Control Allocation of Loans

From Release 4.6B onwards, you have been able to define default values (as purely default values, maximum values or fixed values) for the Loans (0045) infotype in this step. You can also specify that loans may be created in the system for certain employee groups.

Other changes

Individual Interest Rate

From Release 4.6C, you can specify an interest rate that applies especially for the employee, when creating a loan in the Loans (0045) infotype using the field Individual interest rate. This entry overrides the interest rate that you have defined in the step Maintain Loan Types in Customizing for the relevant loan condition. If you do not make entries in the field Individual interest rate , the system uses the interest rate that was defined in Customizing.