Cloud Payroll - Loan : How to create loan for employee?

Question : How to create loan for employee?

Answer :

Answer: 1. Go to Human Resource > Loan > Add New

2. Select Employee, key in loan amount, interest if applicable, description, repayment months, start period, last payment period, repayment amount, repayment interest if applicable, last repayment and last interest if applicable. Save after done key in.

3. When run payroll process, system will auto deduct the loan amount.

Prepared by Chen Ong 220315, Azirah 220315, P220327

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