Cloud Payroll - How to record if employee pay cash for the loan settlement: Difference between revisions
Cloud Payroll - How to record if employee pay cash for the loan settlement (view source)
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(Created page with "'''Question :''' One of the employees has loan from company and the loan repayment is deducted from monthly salary. Now he wants to make a payment for full settlement. How to...") |
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1) Go to <span style='color:red'>Human Resource > Loan</span>.
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2) Select the <span style='color:red'>employee loan</span> and click on the <span style='color:red'>
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3) Then click on <span style='color:red'>Cash Settlement</span>.
3) <span style='color:red'>Check</span> the checkboxes of <span style='color:red'>Is Paid</span> of the relevant months to be covered by the loan repayment amount, then click on <span style='color:red'>Save</span>.<br/><br/>▼
If it is a full settlement, then check all the months. If it is just repayment for few months, check those few months so that when running payroll process, the system will not make loan deduction for those months.▼
[[File:Update_LoanSettlement3.png]]
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▲If it is a full settlement, then check all the months. If it is just repayment for few months, check those few months so that when running payroll process, the system will not make loan deduction for
[[File:Update_LoanSettlement4.png]]
For early settlement, you may maintain the interest discount to the employee.
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When run
[[File:Update_LoanSettlement6.png]]
▲When run Feb payroll process, system will not deduct for the loan.
<i>By : Lay Swan 190207, P190208</br></i>▼
<b>Updated by Azirah 200713, P200727</b>
▲By : Lay Swan 190207, P190208
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