Creating a Borrower’s Note Loan Contract 
Use
If you wish to create a borrower's note, you have three alternatives to choose from. You can newly create all the master data for the contract; you can copy the relevant contract data from a contract that has already been created, or from a sample contract.
- If you do not use a template, enter the company code and the product type and specify the corresponding issuers as partner, or branch to SAP Business Partner Management.
- If you wish to copy a template, once you have entered the company code and product type, execute the
copy template from function and indicate which data blocks (conditions, collateral, loan partners, user fields) you wish to copy.
If you wish to use a sample, enter the number of the sample and the partner in the appropriate place and choose Enter. The entries for the sample loan are copied.
Procedure
Choose New Business ® Borrower’s Note ® Contract ® Create.
The Create Contract: Initial Screen appears.
As next step, you assign a company code and product type to the loan being created. Depending on your Customizing settings, either the system or the user assigns the Loan Number. Choose Enter.
- In the Business Partner Search dialog box, you can enter selection criteria for existing business partners. A list of partners corresponding to your selection appears.
Select your relevant loan partner from the list. The
SAP Business Partner administration screen appears.
b. To create a new partner, enter the name of the partner in the Business Partner Search dialog box. Choose Enter. You can select from the following buttons:
Create Natural Person / Create Organization / Create Group
Choose the relevant function. The SAP Business Partner administration screen appears.
- Enter the relevant partner data, or make any necessary changes to the existing data and choose Copy.
- The Create Contract: screen appears, where you can create the following loan basic data:
Basic Data: Key Data
Basic Data: Analysis Data
Basic Data: Organization
Basic Data: Syndicate / Assignment
Basic Data: Reference Data
At this point the following tab pages are also available:
- Conditions
- Collateral
Correspondence
Partners
You can also branch to the following dialog options:
- Regulatory Reporting (if activated in Customizing)
- Payment Details
Calculating the Cash Flow
Total Commitment
Generating Correspondence
File
- Processing Characteristics (see the documentation on the
Processing Characteristics report.)
Once you have entered and saved all the loan details, the loan has Contract status.