Defer Payments

This function groups together the functionality of the business object Deferral.

You can carry out the following steps for the deferral of a loan:

Enter
Delete
Execute
Reverse

Prerequisites

You have made the settings for the skip in the following IMG activities in Customizing for Account Management (FS-AM):

Basic Settings Business Transaction Categories Edit Descriptions of SAP Business Transaction Categories
Order Management Basic Settings Configure Order Category
Order Management Deferral
- Define Number Range Interval for Deferral
- Define Deferral Reasons
- Define Reversal Reasons for Deferral
- Define Display of Change Documents
Release:
- Assign Release Procedure to Release Object
- Release Assign Rule to Release Steps
- Release Assign Release Procedure to Release WF and to Release Procedure WF

You have also made the settings for the objects generated by the order in Customizing for Account Management (FS-AM). For more information about the generated objects, see the Integration section in Deferral.

Procedure

From the SAP Easy Access screen, choose Start of the navigation path Account Management Next navigation step Account Management Loan (Special Functions) Deferral Payments End of the navigation path .

In the initial screen you can choose one of the following three functions:

Create
Change
Display

The system runs checks for the following methods:

Create
Activate
Reverse

For more information about the checks, see the Integration section in the documentation for Deferral. You can also define these methods for the release process. For more information, see Release Object: OR_DFRL (Deferral).

Entering an Order

To create a new order, choose Create in the initial screen. Enter the data for creating an order. Enter the bank country, bank key and contract number.
Choose Continue.
Select the payment to be deferred by selecting the appropriate check boxes.
Enter the Installment Amount.
Enter the start date for the deferral plan.
Enter the Period Factor and select Day, Week or Month. If you select Month, enter the Month Day.
Select the reason for deferral.
Specify if correspondence is required when the order is activated.
Select the value date, the date on which the deferral will occur.
Choose Save to enter the order.

Deleting an order

Enter the order number in the initial screen for the function to process an order. Choose Change.
Choose Delete.
You can only delete orders with status Entered.

The system checks whether it is possible to delete the order.
The system sets the status of the order to the final status Deleted. You can no longer process the order.

Activating an order

Enter the order number in the initial screen for the function to process an order. Choose Change.
Choose Activate.
The system activates the order and saves the order in status activated.

You can not make changes to the order when it has the status Activated. You cannot delete this order. However, you can reverse it.

Reversing an order

Enter the order number in the initial screen for the function to process an order. Choose Change.
Choose Reverse.

You can reverse only an activated order.

After the order is reversed, the loan account comes to the status as existed before the order was executed.