Managing, Checking and Evaluating Loan Data
Loan management activities consist not just of calculating and paying the amount of a loan, but also of checking the repayment installments and outstanding debts.
Loan management is carried out within payroll accounting and is supported by reporting functions.
Wage type for each loan record:
/LBD Taxed interest rate adv.
/LEE Special repayment - external
/LEP Special repayment - payroll
/LID Interest due
/LIS Interest support
/LOE Loan payment - external
/LOP Loan payment - payroll
/LRP Regular repayment
/LTE Transfer Loan balance (for old loans i.e. loans issued to employees before the implementation of the SAP system)
Wage type for payroll:
/543 Amount of loan net deduction in monthly payroll
/S21 Amount of loan net deduction in Syoyo payroll