Loans (Part 3)

Define Loan Categories

This IMG activity allows creation of default values for a loan category. These default values are proposed when a corresponding loan is created.

Initial Screen:

Table: TEK060T - Installment Plan and Loan Categories


Second Screen:

Table: TEK060A - Loan Categories


Installment Interval: the length of the intervals between the installments. The system determines the due dates of the installments using the start date, the installment interval, and the interval category.

Interval Type: the interval between installments. The system determines the due date for installments from the start date, the installment inervals, and the interval type. Standard Values:
1 = Days
2 = Weeks
3 = Months
4 = Every 2 Weeks

Sub-transaction for items due in return payment plan: In some application areas, this indicator determines parameters such as the interest key as well as the due dates. You cannot change the main transaction - it is determined via the internal main transaction 0085. In contrast to the installment plan where you cannot change the sub-transaction for the installments, here you can use a separate sub-transaction.

Sub-transaction for credit posting from loans: When you enter a loan repayment plan, the system automatically triggers the posting of the available credit. The sub-transaction to be used can be defaulted here.

Sub-transaction for posting receivables from loans: Once a loan repayment plan has been entered, this automatically triggers the posting of the receivable to the amount of the available credit. This receivables posting forms the basis of the loan repayment plan. The sub-transaction to be used can be defaulted here.