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PAY_IN_LON_603 - Feature: Modify Interest Calculation and Interest Repayment

PERFORM Short Reference   PERFORM Short Reference  
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In this Customizing activity, you use the feature 40LIN to make the following changes for a loan type that applies the loan interest deferral approach:

• Change loan interest calculation

In the standard solution, the function module PY40_CALCULATE_INTEREST performs the loan interest calculation during payroll. If you use different calculation methods in your company, you can specify a customer-specific function module to replace the standard one.

• Change loan interest repayments

You can specify the number of installments to pay back the deferred loan interest. The payroll then adjusts the calculation and deduction for interest repayment accordingly.

If you do not suggest the installment times, the system applies the same repayment rule for the deferred interest as for the principal.

• You have created your function module in Function Builder. You can access the Function Builderon the SAP Easy Accessscreen by Tools -> ABAP Workbench -> Development -> Function Builder.

Note:

You must use the following standard formulation for the technical name of the customer-specific function modules: ZPY_CALCULATE_INTEREST, in which XX is changeable and alphanumerical.

• You have defined the allowances groupings in Customizing for Payroll India under Pay Scale Groupings -> Define Pay Scale Groupings for Allowances.

General Data in Customer Master   rdisp/max_wprun_time - Maximum work process run time  
This documentation is copyright by SAP AG.

Length: 1985 Date: 20240523 Time: 200150     sap01-206 ( 67 ms )