What is interest calculation capital in SAP FS-CML - Loans Management?

SAP Term: interest calculation capital

• Component: FS-CML

• Component Name: Loans Management

• Description: The total of all disbursements and capital transfers credits and debits on the respective value date, all scheduled and unscheduled payoffs on the respective repayment clearing date, and all result items of a condition-based calculation such as charges or interest, capitalized on the respective capitalization date such as due date for which the interest is calculated on a certain key date.

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• Key Concepts: 
  Interest calculation capital is a component of the FS-CML Loans Management module in SAP. It is used to calculate the interest rate on a loan based on the amount of capital borrowed. The interest rate is determined by the amount of capital borrowed, the duration of the loan, and the type of loan. 
  
  How to use it: 
  To use interest calculation capital, first enter the amount of capital borrowed and the duration of the loan. Then select the type of loan from a list of available options. The interest rate will be calculated automatically based on these inputs. 
  
  Tips & Tricks: 
  It is important to enter accurate information when using interest calculation capital, as incorrect information can lead to inaccurate results. Additionally, it is important to consider other factors such as fees and taxes when calculating the interest rate on a loan. 
  
  Related Information: 
  For more information about interest calculation capital, please refer to SAP's official documentation on FS-CML Loans Management. Additionally, there are many online resources available that provide detailed explanations and tutorials on how to use this feature in SAP.