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What are Loans?

Loans

Loans similarly impact your salary by diminishing the total gross earnings, which results in a lower net income or take-home amount.

To Search or View uploaded Deductions:

  1. Go to Payroll Tab, select Loans.

  2. Select a Company from the Dropdown List, or you may opt to choose All.

  3. Select a Branch.

  4. Select the Employee to search.

  5. Select Loan to search.

    6. Select Date From (Recurring Start Date of Loans) and Date To (Recurring End Date of Loans), for a more comprehensive search, you may opt not to select a date.

  1. Select Status:

    • Open - for the deductions that are still in the included in every payroll

    • Pause - for the deductions that put-on hold.

    • Close - inactive for the deductions

  2. Once you have entered all the necessary information, click Search.

  3. Once the specific Employee is selected, click the ellipsis icon (3 vertical dots).

  4. Select Edit or View.

    11. If you wish to Edit the Loans Setup, select Edit.

    1. You may now Edit/Update the Loans Setup.

    2. Once Loans Setup is updated, click Save.

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