Payoff: Administrative Data (SAP Library - Loans Management (FS-CML))

Payoff: Administrative Data

Use

On the Administrative Data tab, you can specify the payer and payment details and enter data for offering a termination agreement as well as for giving notice on a loan if necessary.

For more information, see Payoff.

Procedure

The section headed Payer(ee)/Payment data contains the Payer of the payoff. This is set to be the main borrower as default. However, you can specify a different partner as the payer for the payoff, as long as this partner is assigned to the contract with a customer role.

You choose the bank details by means of the Partner Bank Type specified in the business partner master record.

You can change the default proposal for the Payment Method.

Note

You can define a default proposal for the Payment Method field in the IMG activity Define Template.

You use the Payment Transaction indicator in conjunction with the settings for account determination to control whether or not a flow is a payment transaction. You should make the corresponding account determination settings as follows:

If this indicator is not set, the postings are made via clearing accounts.
If the indicator is set, the postings are made via customer accounts, in other words, via the payer. This allows you to generate corresponding payments using the customer payment programs.
If a product type is not posted to customer accounts in a particular company code (that is, if the value of the FI posting field is not "3" in the IMG activity Company Code-Dependent Settings for Product Type), the postings are always made via clearing accounts. In this case, the indicator is ignored.

Note

You can define a default value for the Payment Transaction indicator in the IMG activity Define Condition Groups ® Assign Flow Types to Condition Groups per Application.

If you set the Incoming Payment Distribution Block, the system automatically sets this block in the contract when you activate or post the payoff. It prevents the open items for the loan from being cleared automatically by incoming payments. Instead, the system posts the incoming payments to the contract as overpayments, unless there are other loans in the same incoming payment distribution level to which postings can be made. It is still possible to process direct debits and payment postprocessing. You must reset the indicator in the contract manually, except when you delete or reverse the payoff.

Note

You can define a default proposal for the Incoming Payment Distribution Block in the IMG activity Define Template.

If you want to exclude the whole loan contract from the dunning run, select the No Dunning indicator.

Note

You can define a default proposal for the No dunning indicator field in the IMG activity Define Template.

In the section headed Other data you set the Posting Control Key indicator, which determines whether the debit items are generated from the planned records automatically or manually.

Note

You can define a default proposal for the Posting Control Key in the IMG activity Define Template.

You can use the Incoming Payment indicator to have an incoming payment generated automatically when the payoff is posted, for example if you intend to withhold the payment from an employee's salary.

Note

You can define a default proposal for the Incoming Payment field in the IMG activity Define Template.

In the Offer section, the Offer on field defaults to the current date. This field is used as a basis for determining the acceptance date for the termination contract, which appears as the default value in the Offer to field. The Offer to Date is the date up to which the offer is valid for this contract. You can change this data if necessary.

Note

You specify the acceptance period for the offer in the IMG activity Define Template by entering the number of time units in the Accept.Period field. You enter the corresponding time unit (days, months or years) in the Time Unit field.

You can enter the date on which the termination contract offer was accepted by the lender in the Accepted on field.

If the lender gives notice on the loan, you can enter the notice date in the Notice section If the lender gives notice on the loan in conjunction with legal measures, you enter the date of the related correspondence in this section as the notice date.

In addition, you can select a Notice reason on the part of the lender from the possible entries. The Rejection Reason field is available for entering the lender's reason for rejecting a termination contract offer. You can enter the reason the payer gives for the payoff in the Payoff Reason field.

Note

You define the possible reasons the lender may have for giving notice on the loan in the IMG activity Define Reasons for Notice.
In the IMG activity Define Payoff Reasons you can define the possible reasons a payer may have for paying off the loan. You define the reasons a lender may have for rejecting a payoff in the IMG activity Define Rejection Reasons.
Under Define General Control Data you can control whether or not the payoff or notice reason, which you enter here if applicable, is to be transferred to the field Notice Reason in the condition header.