Calculation of the Payment Schedule 

Use

The payment schedule displays the concrete periods in a loan. This is the interest and repayment schedule that lists all payments in the fixed interest period, the composition of these payments, and the remaining balance.

Integration

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

For more information, see XI Content for Account Origination.

Prerequisites

●      You have made the settings necessary to connect SAP CRM to the external system.

For more information, see Connection of External Systems.

●      Action profiles are available for the loan products. You have assigned the actions to the action profiles; you use these actions to calculate the payment schedules.

For more information, see Customizing for Customer Relationship Management → Basic Functions → Actions → Actions in Transaction → Change Actions and Conditions → Define Action Profiles and Actions.

●      You have defined the sequence in which the system executes the actions.

For more information, see Customizing for Financial Services → Basic Functions → Connection of External Systems → Synchronous → Reset Calculation Status/Define Action Choreography.

Features

●      The system calculates the payment schedule based on the following settings entered for the loan product:

○       Payment structure

○       Conditions

○       Dates

For more information, see Configuration of the Payment Structure.

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

Calculation of payment schedules

Action	Product	Description
FS_CALC_LOAN_01_1_I	Consumer loan	Calculate installments
FS_CALC_LOAN_01_3_I	Consumer loan	Determine contract duration
FS_CALC_LOAN_02_1_I	Mortgage loan	Calculate installment and determine contract duration
FS_CALC_LOAN_02_1_I	Maturity mortgage loan	Calculate installment and determine contract duration

 

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

The loans management system 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 detail view of the loan item in the Payment Schedule area. The system saves the payment schedule.

●      You cannot make direct changes to 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 therefore several payment schedules, you can display an overall payment schedule. The overall payment schedule provides an overview of the payment schedules for the loan items.