Loans Management in FS-CM module
Hi
Can some one provide the details on how to configure the settings for calculating interest on diminishing principal. The concept is similar to EMI.
Regards,
Radhika
All,
I am implementing Loans Mgt for the first time and need some instructiong on configuring the correct condition / flow types for calculating interest on dimishing principal. My cash flow should refect 1 interest and 1 principal payment each year
over a 15 year term.
The interest rate of 6% is applied against the net value of the loan beginning in year 2 and for each subsequent year. the first year the customer does not have to pay any interest, The year 1 payment is applied against the principal. In theory the interest payment should decrease each year and the principle payment should increase each year.
My customer assesses their customer a specific amount and applies a constant factor (.09335108 * 8804 = 821.86) this principal amount is spread over a 15 year life. the customer has 30 days from invoice date to pay or another 15% is applied to the delinquent amount. My customer is on release ECC 6.0,
Any guidance, help will be greatly appreciated
Robert
Similar Messages
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Hi,
I am looking for a Bank Loan management add -on for SAP Business One. The requirements are as below
-able to keep track of all the borrower information
-Reducing balance calculation for the interest
-Release the loan to the house contractor in milestone/percentage once the loan has been approved.
Basically is a setup for a loan company.
Thanks.Hi Jordan,
If you are still interested, we have fully implemented a construction module to monitor construction project operations onto SAP Business One (through SDK) as well as giving the user on demand reports on the Bill of Material status.
Would you like me to send you some more information on this industry solution?
Regards,
Yaron -
HI Experts
My client is looking to implement loans management ,
Typically they take loans( syndicate loans) from various banks/lending agencies. They want a system in place wherein they can track all information relating to these loans, Calculation of Interest and posting of it automatically, cash flow reports, information relating to Drawdown etc..
SAP offered this as part of CFM in 4.7, however client is now on ECC 6.0 and they want this module to be implemented specifically.
It would of immense help if you can provide suggestions (or an overview would be great) as to how to handle this requirement in ECC
Regards,
SridharHi Chris,
If SAP is not supplying you with a DataSource from the standard business content, then you will have to write your extracts for BW.
Here are some options:
1) Create some generic DataSource using tcode RSO2
2) Write ABAP extracts to pull the data into a file or XML file, then load the data into BW
3) Create a remote cube in BW to view the data in your BW system.
I prefer option 1 since you get the data into BW using the BW API in R/3 and you can use any of the BW tools to manage and load data within BW. Options 2 and 3 work, but they could have more overhead on R/3 than you want.
Cheers! Bill -
Creating General loans taken in Company Code using Loan Management
Hello Gurus,
I have been trying to find a way to create the configuration for loans taken using the SAP Loans Management module. I still haven't managed to see any configuration guide on the topic. Can someone please help me out with insight on how to go about the configuration for loans taken. I will also need the user guide on how to create loan taken in the SAP system.
Regards,
ChukaHello Shannon,
Good to hear that at least there is hope. Secondly, I was wondering if I could find a configuration guide to help in the configuration. This will get me a head start at least so I can be specific on the issues to resolve with the Loans Management expert. Any help or links towards this will be very much appreciated.
Cheers,
Chuka -
Hi All,
In our new implementation project the scope of the project includes the Loan management. It is not banking industry company. Still there is a requirement of Loan management configuration. I have seen the loan management under SAP Banking menu. Is it possible to configure loan management alone with out having any other areas in Banking? If so where can i get the concerned configuration and BPP documents? I have made a search in Building block docouments but could not find.
Thanks in advance
shankar
Edited by: Shankar on Sep 29, 2009 3:51 PMHi Shankar,
Yes, we can implement Loans Management which is under SAP Banking without implementing other sub-modules. There is no such documentation available under Building blocks, probably you can search under IS Banking, I am not sure on this. The course on Loans Management is "FS210 - Loan Managementfor finanancial services". Try your luck if you can find any link to get this material.
There is another way to handle loans in SAP, i.e. under FSCM - Treasury & Risk Management. Here we can map loans to some money market instruments (interest rate instrument, etc.).
The decision to implement the module depends on the criticality of scenario (loan types, terms, etc.) and also the number of transactions, etc. Both these are separate modules and will have lot of configuration and procedures to process in SAP. If you have loans taken as well as loans given I suggest Loans Management. Else, if you have implemented Treasury & Risk Management it is better to go with the same.
Hope this information will help.
thanks,
Kumar -
Number ranges in Loans management
Is there any function module available to find the number ranges in Loans management?
thanks and Regards,
Giribest option is Search in SPRO
or else
FN-1 No.range: FVVD_RANL (Loan number)
regards
Prabhu -
Where could I find the Loans Management in customizing?
Hi All,
Could anyone tell me where to find the Loans Management in customizing?
Thanks
GandalfHi,
Loans management is part of SAP Banking from 4.7 version onwards. We need to activate EA-FS for this purpose.
Loans also can be maintained in TRM under product Interest Rate instrument. But it may not offer all the critical functionalities of loans management module.
thanks,
Kumar -
How to delivery cash flows from loans management (BaS 8.0)
Hi All,
According to the official materials, BaS 8.0 enables delivery cash flows out of Loans Management to Bank Analyzer. Does anyone know how to do that? I see configurations in BA regarding how to generate cash flows on cash flows delivered by LM, however I've no idea how to delievey them from LM.
Can anyone help here?
Thank you so much!
Regards,
JingData from TRBK is replicated to BA system using the SOA services. Check the relevant services at :
http://sap.com/xi/FS-TRBK/Global
Also go through the IOA configuration for more details. -
What BP Role is used for Loans Management in ECC6?
Hi guys,
Can someone help with the BP role to use for Loans Management in ECC6? The system shows that the old role TR0100 is now obsolete, so in ECC6, what is the role name for FS-CML? Is it FS0000 or something else?
Any documentation on Loans Management in ECC6 will help.
Regards
Fisayo.Hi,
You have to use BP Role TR0100 only. Please check which BP Role Category is assigned to BP Rle TR0100 in spro. There is no change in ECC6 as well. The role name should be "Main Loan Partner"
Regards
Prasad AV -
The application has accessed a fund managements or cash mgt module with par
When I am trying to post a entry Mesage appears F1030
The application has accessed a fund managements or cash mgt module with parameters missinfg or defective
Please solveHi,
This error occurs when you post data which is not related to that specific company code.
post the correct data and check.If the problem still exits.Please clearly explain the problem.
Thanks
micheal -
SLcM integration with Loans Management
Hi,
I am aware that The Financial Accounting - Loans Integration ES bundle provides enterprise services that integrate the operational and analytical bank applications in the area of loan contract management. As SLcM uses Financial Accounting, does it provide functionality to be integrated with Loans Management?
Best Regards,
Preethi.Hi Preethi,
SLCM works fine with Grants Management, Funds Management, FICA, FICO and Biller Direct. I am not sure if it has integrations with Loan management as taking loan is students responsibility and institution seems to be no where concerns except issuing admission letter or stating that student in discussion is eligible for loan.
Regards
Vinod -
Loan Management or Interest Rate Instrument
Hi all,
My company will implement SAP FSCM to manage our loan management, borrowing and lending.
Which one better and has more values between Loan management with product type 33A and 33B, or interest rate instrument with product type 55A and 55B.
Beside that, we also want to use TRM Facility.
Can anyone give me advice?
Thanks before..
Regards,
_fitaHi,
Functionality wise Loans management gives better control and functionality generating interest based cash flows from SAP CML but you can not assign a loan contract to any TRM facility transaction and genrate Facility utilization.
In case of TRM Product Category 550 functionality Loan borrowing and lending is possible with assignment of Facility and interest conditions are limited to single against a transaction for a calculation period which is not in case of SAP CML products.
Regards
Prasad AV -
Standard Business Content - Loan Management & Term Deposit
Hi ALL,
I would like to does anyone has used Business Content Cubes on Loan Management & Term Deposit and its report, please advise me which cube appropriate
Thanks
BR
NathanHi,
In RSA1, in BI contents, search for the InfoARea 'Bank Analyzer - 0BA_BA'. Under this InfoArea, you will find the objects used for loan management. I am not sure about Term Deposit.
Regards,
Yogesh -
Loans Management - Withholding Tax on Interest - Product type 33A
Dear Experts,
I´m trying to config the withholding tax on interest per product type 33A General Loan Given. Do you know which is the correct flow type to use and how to config and link it in order to set the base amount related to the interest calculated amount?
In my design is always a quarterly calculation for Intercompany loans and, in special case, I need to apply the WHT to the calculated amount of the interest.
Example:
Interest invoice : Flow Type 0110 A_Interest debit pos. rec.
01 Customer Affiliate 1000
50 P&L Interest 1000
Interest invoice with 10% WHT
01 Customer Affiliate 900
40 WHT 10% 10
50 P&L Interest 1000
Thanks in advance for any helpful advice you could provide me.
Best regards
PaoloHi Feng,
are you sure it will work also for SAP Banking Loans Management? I read the attached documentation of WHT for India and every call-out is related to TRM.
May you please confirm me which flow type of loans management is covering this sub-process?
Thanks and regards
Paolo -
To "Activate" Treasury and Loan Management
Hi,
We just upgrade our Development to ECC6.
Is there a way on how we can "activate" a Treasury and Loan management in ECC6. If any?
Thanks for any assistance,HI Effandi
I dont know if you still need this.
You need to activate the EA FINSERV component which is Business fucntion set available in ERP 6.0. The activation switch is available in SFW1 . I assume you are licensed to use this product
Thanks
R Malolan SAP Treasury
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