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Hi Jagan Sir,
Thank you for your immediate response.
It seems to be complicated can you give me the little detailed description.
Principal amount needs to recover first then interest amount,by using PCR can it be possible?
Thanks & regards
Sudha
| | | ---------------Original Message---------------
From: Jagan Gunja
Sent: Saturday, September 24, 2011 10:36 AM
Subject: Company Loans Calculation
Hi,
If you are using IT 45 for loan processing, then in P0045 processing, use a PCR to do the following. If you are using IT 14 for loan repayment and IT 15 for loan balance, you can do this in IT 15 processing for the loan bal w/t. IT 15 existence itself will indicate the start of loan.
If the loan has started in the current period, based on the w/t, set the interest percentage in a wage type for loan interest; or set the percentage in the rate field of the loan balance w/t. This can be used to calculate the interest on the loan.
Regards,
JG |
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