Hi!
Has anyone ever dealed with creating payment plans in cognos planning? I am trying to find suitable BiF or something to help me create an application that would allow the user to select a method for loan payment - for example, to select weather a loan would be payed in rates (equal amount of principal, and interest changes every month) or annuities (equal mount payed every month), and according to selected method, to calculate income from interest.
I know there are Lease and Lease Variable bifs but I am not sure these can incorporate them with choosing a payment method, in order to have interest income change depending on the method?
I few months ago I posted a query about using the @FeedParam BIF to calculate debt repayment over time. Maybe you will find it useful.
http://www.cognoise.com/community/index.php/topic,13437.0.html (http://www.cognoise.com/community/index.php/topic,13437.0.html)
Regards,
John
Thanks, I'll try it :)