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Former Member
Mar 31, 2008 at 06:43 AM

company loans

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Hi Experts,

My client has a requirement where loans are processed in a manner which is different from the sap standard. Here loan procedure is like, first Principal amount should be deducted and after the principal balance is zero, Interest deduction should start and that too in installments. How to handle this.

Also the loans are given at concessional rates so this means that perks will be applicable on loans, how to handle such kind of perquisites along with the above scenario.

Regards,

Tomesh

Edited by: Tomesh Sahu on Mar 31, 2008 6:06 PM