Dear experts,
We have came accross an issue with calculating accruals. The client wants to calculate the fees accurals over the pending capital of the product.
For example:
| Period | Loan | Repayment | Fees | Fees accrual | Calculation |
|---|---|---|---|---|---|
| 1 | 500 (initial) | 100 | 100 | 33,33 | 100*500/1500 |
| 2 | 400 | 100 | 26,67 | 100*400/1500 | |
| 3 | 300 | 100 | 20,00 | 100*300/1500 | |
| 4 | 200 | 100 | 13,33 | 100*200/1500 | |
| 5 | 100 | 100 | 6,67 | 100*100/1500 | |
| Total | 1500 | 100 |
Do you see any straightforward solution for this case? Is there any BAPI to be used for calculating accruals programmatically?
Thank you.
Kind regards,
Oleg.