Configuration of the Payment Structure

When you include a loan product in a financial service quotation (FS quotation), the system transfers the data on the payment structure from the master data of the financial service product (FS product). In this process, the system interprets the date rules on the basis of the date profile of the individual items and transfers the amounts and percentages from the conditions. You can change payment structure settings in the FS quotation.

Features

If you use SAP Loans Management (SAP CML) as the loan management system, note the following:

To calculate the payment schedule for a consumer loan, SAP CML always assumes a monthly payment frequency.
If you have defined a mid-period payment frequency for a consumer loan, the system calculates the payment schedule so that the interest and repayment do not start until the middle of the month after the start of the contract. Repayment before expiration of an interest period is not defined. For example, if you have defined the start of the contract as May 1, interest and repayment do not start until June 15.
If you want to safeguard consumer loans with a residual debt insurance, you do not create the residual debt insurance as an item in the FS quotation but rather as a flow category in the payment structure of the loan item.

Example of residual debt insurance in the payment structure of the loan product

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
LOANSINSU Insurance Premium Not Co-financed	CONT006 Contract Start	-	-	-	-

Activities

You can change the following payment structure settings in the FS quotation:

You can add settings for the payment structure from the product master data.
To override the date rules from the master data of the loan product and enter validity data directly, you set the Manual Date indicator and enter the required date.
You can manually override the due date that the system derives from the payment frequency.
If you include a product in an FS quotation, the system executes pricing on the basis of the settings in the master data. To change these values in the FS quotation, you make the required settings in the Default Percentage and Default Amount fields and set the Manual Conditions indicator.

Example

The following example shows how the system interprets the settings from the master data of a product together with the date rules and the conditions in the FS quotation.

Settings in the master data of the loan product

Flow Category	Date Rule From	Payment Frequency	Default
FIN Loan Amount	CONT006 Contract Start	-	X
PRANNUITY Annuity Repayment	CONT006 Contract Start	Monthly at end of period	X
INT Interest	CONT006 Contract Start	Monthly at end of period	X

The system interprets this data in the FS quotation as follows:

Flow Category	Date Rule From	Valid From	Payment Frequency	Default Percentage	Default Amount	Currency
FIN Loan Amount	CONT006 Contract Start	11/01/2006	-	0 %	130,000	USD
PRANNUITY Annuity Repayment	CONT006 Contract Start	11/01/2006	Monthly at end of period	1 %	0	USD
INT Interest	CONT006 Contract Start	11/01/2006	Monthly at end of period	4.5 %	0	USD