SAP ABAP IMG Activity OHAVLOTS (Create loan terms)
Hierarchy
SAP_HRCNO (Software Component) Sub component SAP_HRCNO of SAP_HR
   PY-NO (Application Component) Norway
     P20C (Package) HR Customizing: Norway
IMG Activity
ID OHAVLOTS Create loan terms  
Transaction Code S_AHR_61004914   IMG-Aktivität: OHAVLOTS 
Created on 19981221    
Customizing Attributes OHAVLOTS   Create loan terms 
Customizing Activity OHAVLOTS   Create loan terms 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name OHAVLOTS    

In this step, you define conditions for repayments and interest calculation for employee loans.

Example

A building loan with installment repayment has a debit interest rate of 8%, and a monthly pattern of interest payments and repayments. Another building loan with installment repayment has a debit interest rate of 5%, a reference interest rate for the calculation of the interest advantage, and a quarterly pattern or repayments and interest payments.

Requirements

  • You have created payroll areas.
  • You have created loan types.

Standard settings

The standard system contains numerous examples for loan conditions.

Recommendation

Use the SAP model entries as a basis.

Activities

  1. To create the new loan conditions, choose New entries or Copy as...
  2. Enter the loan type and define a validity period for the loan conditions.
  3. In the Loan conditions field, enter a two-character key for the loan condition and an explanatory text for the condition.
  4. In the Debit interest field, enter the interest rate for the calculation of the loan.
  5. If imputed income is to be calculated for the loan, enter a reference interest rate in the Reference interest rate field, and mark the field Interest advantage.
  6. In the Period parameters field, enter the value that matches the payroll period for your payroll areas. If your payroll takes place monthly, enter the parameter "monthly" (normal period parameter 01).
  7. By entering the first period and the interval between periods, you can determine the repayment and interest pattern for loan types with installment repayments.
  8. By entering the first period and the interval between periods, you can determine the repayment and interest pattern for loan types with annuity repayments.
  9. Save your entries.

Further notes

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
Mandatory / Optional 2   Optional activity 
Critical / Non-Critical 2   Non-critical 
Country-Dependency I   Valid for countries specified 
Customizing Attributes Country Key Country Name
OHAVLOTS NO Norway
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG OHAVLOTS 0 HLA0001857 Loans 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_T506D V - View OH00 V_01 Conditions for Employee Loans 
History
Last changed by/on SAP  19981221 
SAP Release Created in