Loans and Advances- New UI
Loan Master helps create the various loans applicable to your company. The loans created can be selected when adding new loan records. Follow the steps b...
Mon, 8 May, 2023 at 4:20 AM
The Company as per its policy can decide on the amount of the loan, method of recovery, the number of installments to recover the loan Follow the below...
Mon, 8 May, 2023 at 10:53 AM
The Employee Loan Report provides details on the Loan type, status, Disbursement details, Interest rate, and the balance amount of the loan. This repor...
Wed, 10 May, 2023 at 12:51 AM
How to generate the Loan Status Report. The Loan Status Report helps you get an overall view of all the loans taken by the employees as of a particular mo...
Wed, 10 May, 2023 at 12:47 AM
Manage Loan Payment which is basically to manage the loan payments allows you to adjust payment received outside payroll / waive part of the loan amount. ...
Thu, 11 May, 2023 at 7:30 AM
Disbursement of Loan is when the agreed loan amount is actually paid to the employee's account and is available for use. Please note: The Repaym...
Thu, 11 May, 2023 at 8:02 AM
A loan Waiver is the writing off of the outstanding loan and there will be no further recovery. Loan Closure is the final step of the Loan process where ...
Thu, 11 May, 2023 at 8:24 AM
Your loan EMI may not have been deducted due to several possible reasons. 1. If the Loan is rescheduled If there are any changes in the schedule f...
Tue, 27 Feb, 2024 at 10:24 AM
Ad hoc- Here the interest rate can be changed whenever required. Fixed Interest- the interest will remain the same throughout the loan period. ...
Mon, 8 May, 2023 at 10:56 AM
Generally, the loan instalments are automatically deducted based on the amounts mentioned in the loan schedule in the monthly payroll. You have the o...
Tue, 30 May, 2023 at 10:31 PM