What is 'monetary valuation date' in SAP FS-FBS-CML-BZL - SAP Loans Management Extension for Brazil?

monetary valuation date - Overview

• Component: FS-FBS-CML-BZL

• Component Name: SAP Loans Management Extension for Brazil

• Description: The date on which installments are corrected due to the inflation index adjustment.

monetary valuation date - Details

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  Key Concepts: 
  Monetary valuation date is a term used in the FS-FBS-CML-BZL SAP Loans Management Extension for Brazil. It is the date on which the loan amount is calculated and the interest rate is determined. The monetary valuation date is used to determine the amount of interest that will be charged on the loan. 
  
  How to use it: 
  The monetary valuation date is used to calculate the amount of interest that will be charged on a loan. The date is determined by the lender and can be set at any time during the loan period. The interest rate is determined based on the monetary valuation date and can be adjusted as needed. 
  
  Tips & Tricks: 
  It is important to keep track of the monetary valuation date in order to ensure that the interest rate is accurate and up-to-date. It is also important to ensure that all payments are made on or before the monetary valuation date in order to avoid any additional charges or penalties. 
  
  Related Information: 
  The FS-FBS-CML-BZL SAP Loans Management Extension for Brazil also includes other features such as loan repayment schedules, loan origination fees, and loan servicing fees. Additionally, it provides tools for managing loan portfolios and tracking loan performance.