Loans: Payment Structure

You use the Payment Structure set type (CRM_PROD_FS007) to define the periods and one-time inflows and outflows of loan amounts. From a financial mathematics point of view, the payment structure has the character of a condition, and is the basis for determining the payment schedule in the business transaction.

Prerequisites

You have defined the possible payment frequencies and payment methods.
For more information, see Customizing for Financial Services Account Origination Financial Service Product (FS Product) Edit Payment Frequency .
You have defined the reference interest rates and assigned these to reference interest profiles.

For more information, see Customizing for Financial Services Account Origination Financial Service Product (FS Product) Edit Reference Interest Rate .
You have defined external flow categories for loans, assigned these to internal flow categories, and defined condition functions for the flow categories.

For more information, see Customizing for Financial Services Account Origination Financial Service Product (FS Product) Define Loan Flow Categories .

Features

When you maintain a financial service product (FS product), you make the following settings for the payment structure:

Loan Flow Category:
Controls the process flows within the financial mathematics algorithms.

You must define at least one flow category.
Date Rule From:
The system uses this date rule to calculate the start date of the payment step.

The system interprets the date rule in the business transaction.
Date Rule To:

The system uses this date rule to calculate the end date of the payment step.

The system does not interpret the date rule until the business transaction.

Note

In the case of periodic payments, you must enter an end date for the payment step.

End of the note.
Payment Frequency:
Consists of the number of periods and the time unit.

Note

If you use SAP Loans Management as the back-end system, you can only use payment frequencies at the end of a period for consumer loans. You can also define a due date. Since SAP Loans Management does not generate the due dates of interest and repayment until at least one full month after the contract start date for consumer loans, payments in advance or in the middle of a period are not possible.

End of the note.
Reference Interest Profile:
Reference value for calculating the installments for a loan depending on the development of market interest rates.
Default:

Indicates that the system transfers the step of the payment structure to the business transaction. You can change the settings in the business transaction in the standard system.

When you use the FS product in a business transaction, note the following:

The system adopts all entries for the payment structure that you have selected as standard. You can make further entries, and multiple assignments are possible.
The system calculates the current data based on the payment structure and the date set. You can changes these settings in the business transaction.

Example

Example of a payment structure defined for a consumer loan

Flow Category	Date Rule From	Date Rule To	Payment Frequency	Reference Interest Profile	Default
FIN Loan Amount	CONT006 Contract Start				X
PRANNUITY Annuity Repayment	CONT006 Contract Start	Contract end date	Monthly at end of period		X
INT Interest	CONT006 Contract Start	Contract end date	Monthly at end of period		X
OFEE One-Time Fee (Fixed Amount)	CONT006 Contract Start
OFEEPROZ One-Time Fee (Percentage)	CONT006 Contract Start

Example 1 of a payment structure defined for a maturity mortgage loan

Flow Category	Date Rule From	Date Rule To	Payment Frequency	Reference Interest Profile	Default
FIN Loan Amount	CONT006 Contract Start				X
PRATEND Final Repayment	CONT007 Contract End				X
INT Interest	CONT006 Contract Start	Contract end date	Monthly at end of period		X

Example 2 of a payment structure defined for a maturity mortgage loan

Flow Category	Date Rule From	Date Rule To	Payment Frequency	Reference Interest Profile	Default
FIN Loan Amount	CONT006 Contract Start				X
PRANNUITY Annuity Repayment	CONT006 Contract Start	Contract end date	Monthly at end of period		X
INT Interest	CONT006 Contract Start	Contract end date	Monthly at end of period		X
RINT Reference Interest	CONT006 Contract Start	Contract end date	Monthly at end of period	EURIBOR

See also:

Calculation of the Payment Schedule

Date Management (CRM-BF-DAT)