Add / Manage employee loans

To add or manage employees, navigate to Employees tab> Salary & Financial> Employee loans

The admin can manage the employee's loans as follows:

1- A new loan can be added directly to the employee without going through the approval process by selecting the (+New loan) option.

2- Additionally, a partial or full settlement of the remaining loan amount can be added, or a previously added loan can be scheduled (skip deductions for certain months, avoid skipping, or change the monthly deduction amount) by selecting the Edit option.

3- Through the Employee loans Page, you can view the number and types of loans for the employee, as well as their amounts, the monthly deduction amount, the remaining balance, the start date of the deduction, and the expected month of deduction completion.

Note:

• The loan can be deleted (if no amount has been deducted from it yet) when its status is Open Out-payroll by selecting the Delete option.

• A loan cannot be deleted from the employee's personal file (if its status is Received Out-payroll), so a settlement for the remaining loan amount is required.