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Extension Function for Installment Loans (New) ( RELNBANK_CML_600_EXTEND )

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Short text

Extension Function for Installment Loans (New)

Use

As of SAP ECC Enterprise Extension Financial Services 6.0 (EA FS 600) you can use the new business operation Extension in the Workplace for Business Operations when processing loans from the product category Installment Loans (360):

You can grant borrowers extensions on planned and posted items for an installment loan. With an extension, you shift the due date of selected items to a new due date of your choice.

Effects on Existing Data

Effects on Data Transfer

Effects on System Administration

Effects on Customizing

To use this function you need to execute the following IMG activities in Customizing for Loans Management:

• Define Company Code-Specific Texts

• Define Stops

To be able to enter additional flows for an extension, you need to execute the following additional IMG activities.

• Define Default Values for Document Item Text

• Define Flow Types

• Assign Offsetting Flow

• Define Account Determination

• Define Condition Groups

• Set Default Values for Dunning Block and Payment Method

If you want to use the correspondence function within the Extension function, you need to complete the IMG activities under Correspondence with Correspondence Tool (SAP Smart Forms).

Further Information

For more information, see the documentation for the relevant IMG activities, and in the SAP Library: Financials -> SAP Banking -> Loans Management -> Position Management -> Business Operations -> Extension.

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