HR or finance department employees may sometimes encounter situations that require modifying the basic information of the employees loans.
To do so, please follow the steps below:
- Go to 'View Employees'
- Select the desired employee
- Click on 'Salary and Financial' tab
- Go to the 'Employee loans' section
- From the ... option, click the Edit button for the loan you want to modify.
- From the Main Information tab, you can change the scheduled monthly deduction amount for all months, as well as change the start month of the deduction. You can also update the payment status to be either outside or within the payroll from the available options.
If you wish to change the monthly deduction amount for a specific month or more, rather than for all months, go to the Loan installments tab, click on the ..., and then select Change deduction amount.
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