Cash flow calculator in SAP Banking Services

In this blog I want to discuss little of function and usage of Cash Flow Calculator in banking services from SAP. Before we get into functions and usage of Cash Flow calculator we need to understand what is Cash Flow Calculator.

The Cash Flow Calculator is a controller which controls the calculations of Interest, settlement charges, installments, effective interest, transaction charges, event charges and obviously Cash Flows. So in other words the foundation for interest and charge calculation in SAP banking services is the Cash Flow Calculator.

All your “financial conditions” gets and saves all data required for calculation and assessments of transactions is bring in to the cash flow calculator, so that calculations can be made. Cash flow calculator decides the results.

SAP created Cash Flow calculator exclusive for banking services. Only application other than banking services use Cash Flow Calculator is FIMA. In banking Deposits Management, Loans Management and Bank Analyzer use the Cash Flow Calculator.