Basic Data: Key Data 

Use

1. In the Classification section, you specify the loan type, loan class and the main collateral.
2. You can make additional basic settings in the Grouping section. By entering a finance project number, you can group several loans to one main borrower under one number. The finance project number can be applied to incoming payment distribution and dunning.

You can also specify which variant is used for controlling the distribution of incoming payments.

3. In the Application/Approval section you enter the application date, approval date or commitment date, depending on the loan status. You also enter the capital amount applied for and the currency of the loan.
4. In the Posting rules section you specify the method to be used for discount deferrals. The system fills the Account assignment reference automatically.
5. In the section headed Interest calculation capital acc. to, you determine whether the interest calculation capital should be calculated according to the plan principle or the actual principle. For more information, see Planned/Actual Principle.
6. In the Capital amounts section, the system displays the contract capital, value dated capital, disbursement commitment and remaining capital on the basis of the posted debit items. You cannot make entries in these fields.

In the loan statuses change contract and display contract you can display and print the capital amounts for a loan in position currency by choosing Cap.amnts. The capital amounts displayed only take into account flows that have already been saved. In the processing status display contract, you can also analyze certain flow records for a specific calculation key date according to due date or posting date by choosing Change calculation parameters.