What is intermediate installment in SAP FS-FBS-CML-BZL - SAP Loans Management Extension for Brazil?

SAP Term: intermediate installment

• Component: FS-FBS-CML-BZL

• Component Name: SAP Loans Management Extension for Brazil

• Description: A periodic payment, which is made by a customer to the engineering and construction company in defined intervals, until the delivery of the real estate.

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• Key Concepts: 
  Intermediate installment is a feature of the SAP Loans Management Extension for Brazil (FS-FBS-CML-BZL) that allows users to make payments on their loans in installments. This feature allows users to pay off their loans in smaller, more manageable amounts over a period of time. 
  
  How to use it: 
  To use the intermediate installment feature, users must first set up their loan in the SAP system. Once the loan is set up, users can then select the “Intermediate Installment” option from the menu. This will allow them to enter the amount they wish to pay and the date they wish to make the payment. The system will then calculate the remaining balance and generate a payment schedule for the user. 
  
  Tips & Tricks: 
  When setting up an intermediate installment, it is important to remember that payments must be made on time in order to avoid any late fees or penalties. Additionally, users should be aware that interest may still be charged on any unpaid balance. 
  
  Related Information: 
  For more information about the SAP Loans Management Extension for Brazil (FS-FBS-CML-BZL), please visit the official SAP website at https://www.sap.com/products/loans-management-extension-for-brazil.html.