Loans

Loans - Employees company loans and government deductions can be set up to close, open, and pause status.

To search the employee's loans:

• Company - Drop down and tick check the company , you may opt to choose "Select All"

• Branch - Drop down and tick check the branch , you may opt to choose "Select All"

• Employee - Drop down and tick check to choose the specific employee

• Loan-type- Drop down and tick the check the loan you want to search, you may opt to "Select All"

• Date From - optional, choose the recurring start

• Date To - optional, choose the recurring end

• Status - Select Open for loans still using in payroll , Pause for Loans still on Hold and Close for Loans that are not actively using in payroll.

• Click the "Search" button

• Managing the Loans-

  • If there are Loans of employees to set up as Closed,

    • Search the employee with Loans to close

    • Click the three dots at the left then click Edit

    • Then in the status choose Close

    • Then select the close date. Important! Please take note that in order to not to include the closed Loans in the payroll cut-off you are currently running, choose the date before the cut-off start.

    • Then click the Save button

  • If there are Loans of employees to set-up as Hold.

    • Search the employee with Loans to close

    • Click the three dots at the left then click Edit

    • Then in the status choose Pause

    • Then select the payroll period Date from and Date To where the Loans will not be included.

    • Then click the Save button

• Reload button - reloading the page

• Create button - manually create the Loans without manually encoding or uploading it in payroll run.

  • Employee Name - Drop down and choose the employee

  • Employee Code - Employee number set up to employee in HRIS, automatically sets after choosing the employee

  • Loans - Dropdown and choose the preferred Loans to create in the employee

  • Recurring Start - Start date to set or include the Loans

  • Recurring End - End Date to set or include Loans

  • Amount - Amount to be set in Loans

  • Payroll type - Payroll run where to include the Loans

  • Frequency - when the Loans to include

  • Status - Choose "Open" to include it to payroll