on 03-03-2015 1:56 PM
Dear Experts,
I am working on Company Home Loan for PY-IN
Scenario is as following
SR NO | LAON AMT | 12% | PRINCIPAL AMT | EMI AMT | MONTH |
---|---|---|---|---|---|
1 | 35103 | 351 | 1599 | 1950 | Apr-13 |
2 | 33504 | 335 | 1615 | 1950 | May-13 |
3 | 31889 | 319 | 1631 | 1950 | Jun-13 |
4 | 30258 | 303 | 1647 | 1950 | Jul-13 |
33103 = Loan Amount (Current Month) - Principal Amount = Next month loan amount (See Sr. No. 2)
Now SAP working is as following
01. Principal is not showing
SR NO | LAON AMT | 12% | EMI AMT | MONTH |
---|---|---|---|---|
1 | 35103 | 351 | 1950 | Apr-13 |
2 | 33153 | 332 | 1950 | May-13 |
3 | 31203 | 312 | 1950 | Jun-13 |
4 | 29253 | 293 | 1950 | Jul-13 |
33103 = Loan Amount (Current Month) - EMI Amount = Next month loan amount (See Sr. No. 2), But client want less only Principle amount from Loan Amount. How it will correct in SAP Config.
Thanks in advance..:)
Regards,
Santosh Shivane
Hi Santosh,
Is it the requirement that client want 1st principal amount has to deduct and then only EMI deduction start.
Am i correct?
Regards,
Sankarsan
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Dear Sankarsan,
Client required as per following scenario.
Scenario is as following
SR NO | LAON AMT | 12% | PRINCIPAL AMT | EMI AMT | MONTH |
---|---|---|---|---|---|
1 | 35103 | 351 | 1599 | 1950 | Apr-13 |
2 | 33504 | 335 | 1615 | 1950 | May-13 |
3 | 31889 | 319 | 1631 | 1950 | Jun-13 |
4 | 30258 | 303 | 1647 | 1950 | Jul-13 |
33103 = Loan Amount (Current Month) - Principal Amount = Next month loan amount (See Sr. No. 2)
Not required first principal and then Interest deduction. Only requirement is from Loan Amount less only Principal Amount. But system behavior is less emi amount.
Regards,
Santosh Shivane
Dear Experts,
Company Loan required Scenario is as following
SR NO | LAON AMT | 12% | PRINCIPAL AMT | EMI AMT | MONTH |
1 | 35103 | 351 | 1599 | 1950 | Apr-13 |
2 | 33504 | 335 | 1615 | 1950 | May-13 |
3 | 31889 | 319 | 1631 | 1950 | Jun-13 |
4 | 30258 | 303 | 1647 | 1950 | Jul-13 |
Calculation FIL:
Please suggest, how to resolve the Issue.
With Regards,
Santosh Shivane
Hi Santosh,
As per your reply and explanation you would like to deduct the 1950 amount where interest amount getting down but principal amount getting up.
But at the same time you would like biffercate amount 1950 into principal amount and 12% amount of loan amount. which is required to post to financial G/L account.
Regards,
Sankarsan
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