Calculation of the Payment Schedule 

Use

The payment schedule display the concrete periods in a loan. This is the interest and repayment schedule, which lists all payments in the fixed interest period, the make-up of these payments, and the remaining balance.

Integration

To calculation the payment schedule, SAP Customer Relationship Management (SAP CRM) uses SAP NetWeaver Exchange Infrastructure (SAP NetWeaver XI) to execute a function in the connected Loan Management system (for example Loan Management in SAP ERP).

For information, see XI Content for Account Origination.

Prerequisites

●     You have made the setting that enable SAP CRM to be connected to the external system.

For more information, see Connecting External Systems.

●     Action profiles are available for the loan products. You have assigned the action profiles actions, which you use to calculation the payment schedules.

For more information see the Implementation Guide (IMG) for Customer Relationship Management under Basic Functions ® Actions ® Actions in Transaction ® Change Actions and Conditions ® Define Action Profiles and Actions.

●     You have defined the sequence of actions that the system executes.

For more information, see the Implementation Guide (IMG) for account origination under Financial Services ® Basic Functions ® Connection of External Systems ® Synchronous ® Reset Calculation Status/Define Action Choreography.

Features

●     The payment schedule calculation is based on the following settings that you defined for the loan product:

○      Payment structure

○     Conditions

○     Deadlines

For more information, see Configuration of the Payment Structure.

●     In the standard system, the actions you use to calculate the payment schedule are integrated in the business transaction.

Calculation of payment schedules

Action	CRM Product	Name
FS_CALC_LOAN_01_1_I	Consumer loan	Calculate installments
FS_CALC_LOAN_01_3_I	Consumer loan	Determine contract term
FS_CALC_LOAN_02_1_I	Mortgage loan	Calculate installment and determine contract term
FS_CALC_LOAN_02_1_I	Final mortgage loan	Calculate installment and determine contract term

 

●     When you execute the action for calculating the payment schedule, SAP CRM transfers the settings on the payment structure, conditions, and date management to the connected Loan Management system via SAP NetWeaver XI.

Loan Management calculates the current payment schedule and transfers the data back to SAP CRM via the XI interface.

In the FS quotation, the system displays the payment schedule in the details area of the loan item on the Payment Structure tab page. The system saves the payment schedule.

●     You cannot directly change the payment schedule. To correct a payment schedule, you change the settings for the payment structure or conditions and then trigger calculation again.

●     If a quotation contains several loan items and thus several payment schedules, you can display an overall payment schedule at quotation header level. The overall payment schedule aggregates the payment schedules of the loan items.