Step 1
Go to Payroll→ Advances/Loans.
Step 2
By Clicking on Advances/Loans, a Advances/Loans page will appear on the screen with a button New Advance/Loan and also you can able to see the Advances/Loans details of all the employees if any created.
Step 3
Click on the New Advance/Loan button to add an Advance/Loan for an employee.
Step 4
Upon clicking on the button, a popup will appear on the screen to capture the details of the Advance/Loan like Employee Name, Amount, Paid Date, Schedule Period, Transaction No. and Payroll Deduction Amount etc.
You can configure the amount to be deducted from the payroll for the Advance/Loan by specifying the amount for the Payroll Deduction Amount field. Or you can manually add the deduction amount.
Step 5
Enter the details in the Advances/Loans popup and click on the Save button to save the details.
Step 6
After clicking on the Save button, you will be prompted with a confirmation message and will be directed to the Advances/Loans page where you can view the details of the added Advance/Loan in the table.
Step 7
You can view the complete details of the Advance/Loan by clicking on the Employee Name in the list.
Step 8
You can manually add the deductions by clicking on the Add deduction button either in Advances/Loans tab or in Deductions tab.
Step 9
On clicking the Add Deduction button, a popup will appear on the screen to capture the details of the deduction like Deduction Date, Amount, Notes etc.
Step 10
Enter the details in the deduction popup and click on the Save button to save the details.
Step 11
After clicking on the Save button, you will be prompted with a confirmation message that the deduction is successfully added and will be directed to the Advances/Loans details page.