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Former Member
Aug 30, 2012 at 07:40 AM

Installment amortization How to maintain FSCM>Money Market> in Product Category

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Dear Experts.

Installment amortization can you please tell me where i can maintain below formula (condition) and how i can maintain in standard sap functionality (Whether we need to use any user exit).

I have to calculate Installment = Principal + Interest the base is reducing balance method and amortization method.

A = L*(R/(1-(1+R)^-P))

WHERE,

A = INSTALLMENT AMOUNT

L = LOAN BALANCE

R = INTEREST RATE/12

P = REMAINING REPAYMENT PERIOD

Please find attachment of Product category in Product Category where we can assign this formula?

Regards

Sadiq

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