Loans Formulaes

[Former Member]

Hi Experts,

I am new to treasury Implementation, May I know what and all formulas required for loans ?

Please help me

Regards,

Srinivasarao K

[dfg1988]

This is much more complicated that seems to be.

If you don't have any background in finance, I advise you try to start in some financial material independent of SAP. It is usually much easier to understand.

Talking about SAP

The calculation is carry-out by Financial Mathematics Area on SAP.

Which The Interest is calculated for the FIMA functions, talking about the interest we have few variables such methods, amount, days, and base days.

Furthermore, the SAP uses the same function to calculate cash flows, positions, and present values.

Some documentation that you start:

Financial Mathematics (CA-FIM-FMA) - SAP Library

Interest Calculation Methods - Financial Mathematics (CA-FIM-FMA) - SAP Library

[Former Member]

Thank  you very so much.

But now i have one question:

My loan taken transaction base on Account Id,

when i post the disburse,i can not take out the GL account under the Account ID.

[dfg1988]

Chan,

You screen shots seems an old version of TRM or perhaps the FS CML (Loans Management).

Both were together before the version 4.6.

I don't know so much about it, and those screens it's unfamiliar for me. Do you have to maintain the account reference on TPM31?

[former_member198450]

Hi Srinivas,

I presume we don't have any such formula apart from fixed or variable rate you are borrowing or issuing loan 

Please consider 55A product type and create transactions for loan.

Say for example, I have borrowed loan @ fixed rate of 12%. Please create loan transaction with 55A.

Best Regards,

Jain

[Former Member]

HI Jain ,how to define interest rate for years or daily?

[former_member198450]

Dear Chen,

Please find below example taken from sandbox system.

In case its not meeting your requirement. Please play with condition tab. in my case i selected Act/365.

It will surely help you out.

Regards,

Jain

[Former Member]

My loan product type is 33b, create transaction by tcode  FN1V, Like this :