Drawings (SAP Library - Loans Management (FS-CML))

Drawings

If you do not want the disbursement payment (or part of it) to be made to the main borrower, but instead to a third-party (such as a tradesman), you use this function to enter the drawings on the disbursement. You can enter relevant amount as well as the personal data, address data and bank data of the person authorized to draw.

Note

You can only use this function is the disbursement is to be posted to a customer account. You can enter data for disbursements which are not posted to customer accounts, but the data is ignored in later processing steps.

Procedure

Choose Drawings.

The Create Disbursement: Drawing screen appears.

If you have created a business partner in the role of person authorized to draw for the relevant contract, you can copy the partner’s data into the dialog box by choosing Authorized to draw.

Note

In Customizing you can specify that only a partner who has been defined in the contract data as a person authorized to draw can be copied using this function. This means persons authorized to draw cannot be entered manually.

Choose Edit ® Drawings ® Next drawing if you want to enter more than one drawing. In the next screen, the amount remaining after deducting previous drawing amounts from the net disbursement amount is shown.

If there is an amount remaining after deduction of all drawings, it is disbursed to the main borrower.

Choose Account entry to transfer the personal, address and bank data of the person authorized to draw, provided this partner exists in the system as a customer or vendor.

The posting is always made using the main borrower as the customer, which is displayed in the Create Disbursement: Settlement screen. The data related to the person authorized to draw is defined in the document under alternative payee and is evaluated during the payment run.

Note

The field alternative payee in document has to be activated in the customer master record of the main borrower.