Maintenance of a Loan Item

When you maintain loan items, you enter concrete, customer-specific data and therefore store an individual instance of the financial service quotation (FS quotation). Depending on the item category (mortgage loan or consumer loan), you can enter different data and use different functions.

Prerequisites

You have created a financial service product (FS product) of the category Loan and transferred this product to a business transaction.

For more information, see Creating Financial Service Products for FS Quotations.
To define the conditions that are required for the loan, in Customizing you have made the settings for pricing.

For more information, see Customizing for Financial Services Basic Functions Pricing .

For general information about pricing in SAP Customer Relationship Management (SAP CRM), see Maintaining Prices in Business Transactions.
To define how the business partner makes payments for the loan, in Customizing you have made the settings for the payment method.
For more information, see Customizing for Financial Services Account Origination Financial Service Quotation (FS Quotation) Define Payment Methods .
In Customizing, you have made the settings for date management.
For more information, see Customizing for Customer Relationship Management Basic Functions Date Management .
To control the changes to transaction items that result in changes to other items, in Customizing you have defined monitor profiles and execution profiles.
For more information, see Customizing for Financial Services Basic Functions Cross-Item Functions Cross-Item Processing for Changes to Transaction .

Features

Loan Data

When you enter data for the loan item, note the following:

For information purposes, the FS quotation displays the loan data that you defined in the product master data and that you cannot change in the business transaction. In the standard system, this applies to the definitions for interest calculation and age limit of a product, for example.
In the FS quotation, you can enter data for which you defined a selection of values in the product master data for the loan, such as settings for the payment structure or dates.

Note

For more information, see Set Types for Financial Service Productsand Set Types for Business Transactions.

End of the note.
To define the payment method for the loan item, you enter a business partner with a partner function category that is assigned to the Ship-To Party/Service Recipient function category.
You need to do this because the system displays only the payment methods of the country that you defined for the business partner in the master data.

Conditions

When you define conditions for the loan item, note the following:

You can enter data for the condition types that you defined in Customizing as standard settings for the loan.
You can also add condition types that you defined in Customizing for the loan but have not set as standard settings.
The system uses these settings to calculate the payment schedule.

Payment Structure

You can change the settings for the payment structure that you defined in the master data of the FS product.

For more information, see Configuration of the Payment Structure.

Calculation of the Payment Schedule

When you have entered all the required data for the loan, you can trigger calculation of the payment schedule. The system performs the calculation in the connected loans management system.

For more information, see Calculation of the Payment Schedule.

Actions

You can use the following functions that - in the standard system - are integrated in the business transaction as actions, for example:

Rate business partner
Update FS quotation