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Create LoanThis guide will assist you in creating loan for employees. Objective: To create a monthly loan deduction for employees so that it is automated and will deduct in the employee's payroll process on a monthly basis. To create a loan for an employee, click on Human Resource > Loan. At the top right corner, click on Add New to add a new loan. An Add Loan menu will appear prompting you to key in the necessary details for the loan such as Selecting the Employee, Loan Amount, Description, Interest Amount and Repayment Months. You are also able to select the start period and the end period should be auto calculated accordingly based on the Start Period + Repayment Months. After maintain all the necessary information, The Repayment Amount, Repayment Interest, Last Repayment, & Last Interest will be auto calculated. Once the necessary information are maintained, click on the Save button to save the details. Once the loan has been created, you are able to view the loan details by clicking on the + icon next to the employee name to break down and view the loan details. END OF GUIDECreated by Auto Count Support, Modified on Tue, 18 Mar at 11:42 AM by Auto Count Support
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Delete / Cancel Loan SettlementThis guide will assist you in the deletion of your loan / cash settlement. Objective: To delete extra payment / cash settlement errors made by HRs / Payroll Person-in-Charge. To delete / cancel a loan settlement, click on Human Resource > Loan. Identify the employee that you would like to delete / cancel the cash settlement for and click on the + icon to breakdown the details of the loan. Click on the Eraser icon to cancel / delete the loan. A confirmation message will appear, click Yes to confirm the cancellation of the cash settlement. END OF GUIDECreated by Auto Count Support, Modified on Tue, 18 Mar at 11:43 AM by Auto Count Support
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Resume Suspended LoanThis guide will assist you in resuming a suspended loan. Objective: A suspended loan will stop the loan deduction, from the employee's payroll process. Resuming the suspended loan will result in the continuation of the deduction of the loan. To suspend a loan, click on Human Resource > Loan. Identify the employee that you would like to resume the suspended loan for and click on the play icon next to the pencil icon. A Loan Suspension confirmation message will prompt out for you to select. Select Yes to resume the loan. END OF GUIDECreated by Auto Count Support, Modified on Tue, 18 Mar at 11:41 AM by Auto Count Support