|
|
|
|
|
|
Select the checkbox against the record in the multiline to record
the loan deduction of the selected loan application.
The “Record Loan Deduction” page appears.
The system displays the following.
|
Loan Processing Unit |
The loan processing unit selected in the previous page. |
|
Application No. |
The unique number to identify the loan / advance application. |
|
Employee Code |
The unique code of the employee. |
|
Employee Name |
The name of the employee. |
|
Loan Code |
The unique code of the loan. |
|
Loan Description |
A description of the loan. |
Enter the following in the multiline.
|
Installment No. |
The unique number of the installment. |
|
Interest Installment No. |
The unique interest installment number. |
|
Process From |
The start date of the processing period. |
|
Scheduled Principal Recovery |
The amount of principal that must be recovered on installment basis from the start date of the process period. |
|
Scheduled Interest Recovery |
The amount of interest that must be recovered on installment basis from the start date of the process period. |
|
Scheduled Penal Interest Recovery |
The amount of penal interest that must be recovered on installment basis from the start date of the process period. |
|
Principal Outstanding |
The amount of principal that the employee is liable to pay but has not paid as on the current date. |
|
Interest Outstanding |
The amount of interest that the employee is liable to pay but has not paid as on the current date. |
|
Penal Interest Outstanding |
The amount of penal interest that the employee is liable to pay but has not paid as on the current date. |
|
Actual Principal Recovery |
The actual amount of principal recovered on installment basis from the start date of the process period. |
|
Actual Interest Recovery |
The actual amount of interest recovered on installment basis from the start date of the process period. |
|
Actual Penal Interest Recovery |
The actual amount of penal interest recovered on installment basis from the start date of the process period. |
The system displays the following in the multiline.
|
Loan Authorization Status |
The system displays any one of the following loan authorization statuses
|
|
Payroll Authorization Status |
The system displays any one of the following payroll authorization statuses
|
To retrieve/edit the loan deduction details
Enter the following in the header.
|
Principal Outstanding |
To view the loan deduction details of the employee with a specific principal outstanding amount, enter the principal outstanding amount. |
|
Interest Outstanding |
To view the loan deduction details of the employee with a specific interest outstanding amount, enter the interest outstanding amount. |
|
Penal Interest Outstanding |
To view the loan deduction details of the employee with a specific penal interest outstanding amount, enter the penal interest outstanding amount. |
Select the “Get” pushbutton.
The system retrieves the loan deduction details in the multiline.
Edit the details, if required.
Select the “Record” pushbutton to save the loan deduction details.
Hyperlinked topics below
Use this page to record loan deduction.
