loan transaction - straight line or reducing balance method

[former_member595969]

Hi all,

i have a question here. It is regarding interest rate instrument product in SAP-TRM.

For interest rate instrument/ loan product can we set whether the interest can be charged either on straight line method or reducing balance method?

Your soonest feedback is highly appreciated.

Thanks.

[Former Member]

Hi,

Both are supported. For straight line method you can choose the Interest Form - Amount and for Reducing balance method choose - Fix or Variable Rate option in interest structure.

Regards

Prasad AV