Hi All,
How the system calculates annuity loan repayment installment in SAP
We have a employee
whose infotype 0045 condition is as follows
Loan conditions Annuity loan Period:01.02.2009 to 31.03.2015
Effective interest rte 2.5298 %
Repayment start 01.02.2009
Annuity instal. 3,300.00 INR
Annuity Cycle:
First period:01
Interval:01
But in Loan repayment plan of 0045 it In the first month repayment installment
System is showing rs Rs2829 instead of Rs3300.How the system is calculating this?
Regards
Surajit