Loan for india

[Former Member]

HI All,

when I create a the loan infotype, the start date will be for ex 01.04.2008, But in loan last repayment date is coming as 30.04.2008.

But it has to be for 10 monthly installments ie 28.02.2009

can you please suggest why.

[former_member583520 · Accepted solution]

Hi,

Have you created loans as a percentage basis or EMI basis.

Thanks and Regards,

Revathi.

[Former Member · Accepted solution]

I have created as installment basis.

let me explain you the problem, in 0045 we select the required loan type and create,

after entring all the data in basic data tab, condition, payments at the time of saving

in the basic data tab

*End of loan date** is coming as 30.04.2008. instead of 29.04.2008.

Please help

[Former Member · Accepted solution]

Hi Veer

Have you created repayment plan...pressF8 and maintain repayment plan

Regards

lsp

[Former Member · Accepted solution]

HIAll,

I have maintained repayment start date and Rpymnt instlment.

is there any config you are talking about.

Thanks

Veer