Integrate linear and annuity calculations to simplify loan management
A loan is a form of credit arrangement where one party lends a sum of money to another, who agrees to repay the principal amount in the future. Typically, interest or finance charges are added by the lender, which the borrower must also repay along with the principal balance. Our solution offer linear and annuity calculation. When loan is created the planning items are created with a similar structure as the depreciation planning for fixed assets
Overview
Automate initial and scheduled postings to streamline loan processing
Our solution comprehensively addresses the entire loan process. Upon completion of all requisite data entry, our program automatically generates all initial postings corresponding to the loan amounts. Subsequent to this, the actual postings are automatically generated during a scheduled Financial Loan Run, which occurs on a daily basis.
Initiate provided or received loans to unlock loan management flexibility
Empower users with the ability to initiate Provided or Received Loans via our supplementary WorkCentre. With a Provided Loan, facilitate fund transfer to recipients through automated payment item generation. Conversely, Received Loans are seamlessly reflected with statistical postings, showcasing fund receipt in the company's bank account. Plus, maintain flexibility with Linear and Annuity calculations.
Integrate seamlessly and localize for the Netherlands public sector package
This solution is part of the Netherlands public sector package, thereby ensuring complete translation into the Dutch language. In the event of any postings, the standard fund and function fields are comprehensively considered throughout the entire process, seamlessly adapted to accommodate postings with the public sector option.
Details
Solution type
Extensions and Add-ons
Industry
Consumer Products, Wholesale Distribution, Banking, Public Sector
Compatibility
Works with
SAP Business ByDesign
Features
Configure settings for financial booking
We have designed an additional WorkCentre to enable users to establish General Ledger accounts or funds and functions. Users possess the autonomy to manage any alterations entirely independently. Notably, Provided and Received loans can be associated with distinct GL accounts within this framework.
Generate open postings and automatic reversals to streamline data processing
Loan Mass data run generates open item postings. Consequently, these postings can be cleared by standard SAP Business ByDesign bookings. In order to maintain balance, our solution further facilitates the automatic creation of reverse postings for the initially generated entries
Generate comprehensive analysis reports for posted and planned items
Within the loan an overview is needed of the loan current value, the planning items and the posted items. In business analysis “Loan overview posted items” and “Loan overview planned items” reports are available for our customers.
Plans and pricing
Whole Package
Installation, Configuration, Enabling all functions available.
- Minimum contract 1 year
Installation, Configuration, Enabling all functions available.
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Financial Management |
| Industry | Consumer Products, Wholesale Distribution, Banking, Public Sector |
| Works with |
SAP Business ByDesign |
Resources
Solution Overview
Demo
SAP Blog about the Netherlands Public Sector Package
Publisher
SnAP international , s.r.o.
SNAP international is a VAR and ISV partner since 2016 focusing on SAP Business ByDesign and SAP cloud solutions only. We have the SAP® Recognized Expertise label and we are successfully implementing add-ons for our customers since 2016.
