Repayment plan is a part of loan contract. Therefore, repayment plan should be created at the same time when contract record is created. It includes not only monthly repayment but also Syoyo repayment. Usually there are two kinds (installment or annuity) of repayment plan, but there are sometimes special cases such as STEP repayment and LEEWAY repayment.
And there are various company-specific logic’s in company loans. Customer-exit provides flexibility to cover such special conditions. The customizing system enables you to set up company-specific loan repayment planning function. Additionally Excel is a standard user interface in repayment planning.