Payroll.-Loanenddatehowtoprepone?DearAll,Thisproblemisrelatedtoloanamount,forsomeemployeesLoanenddateisafterNormalretirementofemployee.Thisiscreatingprobleminsettlement,Ihavetriedtopreponeenddateofloanbutcouldn'tw

Question

Payroll.- Loan end date how to prepone?
Dear All,This problem is related to loan amount,for someemployees Loan end date is after Normal retirement ofemployee.This is creating problem in settlement,I have triedto prepone end date of loan but couldn't work.Is there any way to prepone the loan end date of anemployee...Regards,raju

Answer 1

Hi Raju,Please investigate options available in the "Payment" tab. If you receive a cheque for loan settlement amount, you can input the information and process the same through payroll "Special repayment (External)" . Or if you want to recover the loan balance through employees payroll, you can do so by selecting "Special repayment (Payroll)". Check configuration as well, i.e. Payment type and wage type relationship etc.Hope this helpsKind regardsSapper