Danish-Specific
Loans 
Use
In this release, Danish-specific loan functionality has been developed. The new functionality is based on the international Loans' infotype (0045), but includes Danish-specific functionality as well.
The Danish-specific loan funtionality includes:
- Periodic fee - is used to record, for example, the administrative fee for every period.
- Yearly costs in percent ("årlige omkostninger i procent") - supports the demand which says that the company must be able to inform the borrower about all the actual expenses (one-time and periodic fees, "stempelafgift" etc.) of the loan on a yearly basis.
- Interest rate advantage - is automatically reported to the tax authories if the advantage exceeds 1.200 DDK . If the interest rate of a loan is less than the minimum interest rate determined by the tax authorities, the loan is considered a fringe benefit and is therefore taxable if the advantage exceeds 1.200 DDK.
Changed Customizing for Loans