loan interest maintain in slab

[Former Member]

We want to maintain Loan interest for HBA in slab

For example like for initial 12 lakh 5 %

The 12-20 lakh 7.5 %

Is it possible in ECC 6 .0

[jagan_gunja]

On Google India website or sap Help Portal, search for 'SAP HR progressive interest calculation in PY-IN'.   I also try the same to respond to such posts.

Some info found are in the links:

https://help.sap.com/saphelp_globext607_10/helpdata/en/4a/78866e29584b6be10000000a421391/content.htm

SAP Library - XML: HCM Business Functions - No Translation Required

Loans Enhancement - India - Payroll India (PY-IN) - SAP Library

Follow through the hits, till you can find all relevant info re: what is provided by SAP and how it is to be implemented.

If there is a gap between your organization's requirements and SAP's available functionality, you may

1)discuss with other experts/consultants,

2)try to add

2.1) further enhancements using standard methods - ABAP  Enhancement, badi, bapi,

2.2) any z-table for interest rates which can be read in these enhancements and maintained by user or functional consultant.

3)look for further info in internet, using user scenario examples

4)as a last resort, log an incident (previously called as OSS message) on SAP Support portal with all information that you have - including the relevant OSS Note numbers you have used, changes made, input, output - expected and actual.   Follow through with SAP till the requirement or the issue is resolved.

Note: Such requirements do not get resolved without one's own research, collaboration, or effort.  Every consultant has done this and will continue to do. There is no 'magic wand' to get an answer - full or partial.

[former_member306751]

i am using upgrade version. ECC 6 ,EHP 7 but ,its not available

[jagan_gunja]

The loan enhancement for IN should be available from SAP Enhancement Package 5 for SAP ERP 6.0. onward.   Definitely your version should have.

Have you checked each item listed in the page for the link below and the links in that page?

Loans Enhancement - India - Payroll India (PY-IN) - SAP Library

If not, do as suggested before to Nutan Singh. 

Please refer to terms of using SCN in the link Getting started at the top of any SCN page (link below).

[former_member306751]

https://help.sap.com/saphelp_globext607_10/helpdata/en/4a/78866e29584b6be10000000a421391/content.htm

i am looking for the the upgrade note number  and patches on

progressive interest calculation

To calculate interest, the corresponding interest rate is applied to the loan amount that falls within each range. Finally, the interest amounts are summed to determine the total interest accrued.

Example

The interest rates for the following value ranges are respectively 0, 3%, 5% and 10%:

• 0-INR 10,000
• INR 10,000 - INR 30,000
• INR 30,000 - INR 50,000
• >INR 50,000

The interest for a loan with principle 80,000 would be calculated as follows:

Interest = (10,000 x 0%) + (20,000 x 3%) + (20,000 x 5%) + (30,000 x 10%) = INR 4,600