Loan IT045

[dhenny_muliawaty]

dear Gurus

our company has new needs to define several new loan types. current loan type use the standard wagetype loan.

I have read the material related with Loan from the sap library :

Related with Loan Types --> that it is possible for us to create several loans of the same type for an employee.

which one is recommended between those below:

1. create new loan subtype in the system--> the process of customizing will be more complex, involving copy wagetypes to other new wagetypes

2. use the combination of loan type and sequential number to uniquely identify every loan. has anyone use this approach to set up the company loan?

looking forward to hearing from you.

best regards,

dhenny muliawaty (pei pei)

[antoine_foucault]

Hey there,

Payroll scheme automatically manage loan and repayment using split values and payroll table V0 (Variable Assignment) to differentiate them.

Create loan entries in infotype 0045 using the subtype that most apply.

Configure loan under SPRO -> your payroll ->

Loans

Calculation

Activate calculation

Set value periodicity

Check constants

Set interest calculation

Create additional values

Master data

Adapt screen control

Create loan types

Customer payment types

Set customer-specific payment types

Program processing logic

Control loan commitment

VERY VERY straight forward.

Cheers.

[dhenny_muliawaty]

dear Antoine,

thanks for your reply

if i have to go through the steps again,

does it mean you recommended me to use 1st approach and create the new type of loan?

i need ur straight forward answer.

looking forward to hearing from you.

best regards,

dhenny muliawaty (pei pei)

Edited by: dhenny muliawaty on Mar 30, 2011 5:35 PM

[antoine_foucault]

Hello,

Actually neither. Sorry no straight forward answer possible according to your scenario. If I had to choose I would go for a partial option 2 since I don't think you need to use so many different loan subtype - I mean from experience I have seen in client 1 or 2 loan subtype max - but please go on and read full explanation:

 1. create new loan subtype in the system--> the process of customizing will be more complex, involving copy wagetypes to other new wagetypes

You can create subtype if you manage different type of loan -

Example of standard type:

K120 Other mortgage-fixed interest

K121 Other mortgage-fixed int.-repaid at end

K130 Recurring advance

K140 Car loan - fixed duration

K141 Car loan - fixed duration -repaid at end

This process doesnot necesarly involve more wagetype - you can stick to standard WT since payroll uses splits and V0 table to differentiate them.

 2. use the combination of loan type and sequential number to uniquely identify every loan. has anyone use this approach to set up the company loan?

Sequential number will only be used if there are existing records with PERNR; INFTY; SUBTY; OBJPS; SPRPS; ENDDA; BEGDA similar - this mean existing record for same employee same loan subtype, end and begin date. Again no need there anyway since "payroll uses splits and V0 table to differentiate them." The control is done at payroll level - you don't need to control it so much ; system does it for you.

[dhenny_muliawaty]

dear Antoine

thanks for your reply..

actually if we review. the loan type are basicly the same in our company. installment loan with 0% interest.. and for this one loan type, it is all customized.

in the additional loan types, the difference only in the type of vehicles..

- car loan

- bike loan

all have the same periode for the installment and exaxtly the same loan condition as the current loan type..

for example if i use 2nd approach meaning that i will still use the same loan type, but i will set these condition constant:

previous loan type--> will have sequential number 01

car loan --> will have sequential number 02

bike loan --> will have sequential number 03.

but if the HR needs to know the details to analize differently between car loan vs bike loan and other loan.. if i only use one loan type for all types of vehicles, at the end could i still have the opportunity to build reports based on a unique sequential number?

looking forward to hearing from you.

thanks in advance..

[antoine_foucault]

Hello,

Yep, no problem to do reporting under this scenario.

Your only limitation will be unability to grant two car loan or two bike loan for an employee on the same day; but I am just guessing this is not likely. Over time you can totally grant various car loans or bike loans to the same employee.

"The object identification (object ID) is used to make a distinction between data records with the same infotype, subtype, lock indicator, start date, and end date."

Have you tought about using the field external reference number (P0045-EXTDL)? I mean this field is a "Freely definable indicator for the loan" - totally fine for reporting purpose not part of the record key.

Thank you!

Antoinje

[dhenny_muliawaty]

thanks to you Antoine..

yup we have used the field external reference number (P0045-EXTDL)

we input it with a reference number, to link the data in HR system with hardcopy document loan in FI and settlement..

thanks will try this one based on your recommendation

i will get back to you again afterwards..

best regards,

pei pei

Edited by: dhenny muliawaty on Mar 31, 2011 5:24 PM