What is deferral balance in SAP FS-CML - Loans Management?

SAP Term: deferral balance

• Component: FS-CML

• Component Name: Loans Management

• Description: The amount to be deferred during the rest of the contract term.

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• Key Concepts: 
  A deferral balance is a type of loan balance that is not due for repayment until a later date. It is used in the FS-CML Loans Management component of SAP to track the amount of money that has been deferred from a loan repayment. The deferral balance is the difference between the total amount of the loan and the amount that has been paid back so far. 
  
  How to use it: 
  The deferral balance can be used to track the amount of money that has been deferred from a loan repayment. This information can be used to determine how much money is still owed on the loan and when it will be due for repayment. The deferral balance can also be used to calculate interest payments and other fees associated with the loan. 
  
  Tips & Tricks: 
  It is important to keep track of the deferral balance in order to ensure that all payments are made on time and that no additional fees or interest are incurred. It is also important to keep track of any changes in the deferral balance, as this can affect the total amount of money owed on the loan. 
  
  Related Information: 
  The deferral balance is closely related to other components of SAP such as Accounts Receivable, Accounts Payable, and Cash Management. It is also related to other financial concepts such as interest rates, repayment schedules, and loan terms.