SAP TRM : Loan With Out Interest

[Former Member]

Dear All,

We have a requirement to create a Loan which will not have any interest payment flows.

I dont think we can use 55A product type for this requirement.

Is there any other product which we can use to create the loan, kindly help.

Regards,

Reenu John

[grigoriy_babitskiy · Accepted solution]

Create transaction with 55A produc type. And leave Percentage rate field blank.

And there won't be any Interest payment flows  (usually 1200)

[former_member251898]

Hi

Adding to the comment by Grigoriy, if your version of SAP does not allow you to leave the interest rate blank as advised, you need to implement these 2 notes

1644463 - GDD Allowing an interest amount of zero

1786952 - TM: check FTD with 0% interst rate got error msg. 00055

hope that this helps

Cheers

Taro