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Function documentationCalculation of the Payment Schedule

 

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 Process Integration (SAP Netweaver PI) to execute a function in the connected loans management system.

For more information about an example configuration of the ContractOrigination and LoanContractOrigination business scenarios, see SAP Solution Manager.

Prerequisites

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

    For more information, see Connection to External Systems Using CRM Middleware.

  • 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 under Start of the navigation path Basic Functions Next navigation step Actions Next navigation step Actions in Transaction Next navigation step Change Actions and Conditions Next navigation step Define Action Profiles and Actions End of the navigation path.

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

    For more information, see Customizing for Financial Services under Start of the navigation path Basic Functions Next navigation step Connection of External Systems Next navigation step Synchronous Next navigation step Reset Calculation Status/Define Action Choreography End of the navigation path.

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 PI.

    The loan-managing 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 the 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.