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author's profile photo Former Member
Former Member

Negative Salary

Hi,

If a employee has taken Loan of 50000 start from 01.09.2013 to 31.12.2013, he is salary is 10000 and repayment loan is 12500 per month.

But when I see the payslip, Loan is deducted in one month but the amount is not deducting in the next month it deducts only in the month of February

Loan amount must deduct every month from the start date to end date.... It is also not posting to FI..

Please help in this matter....

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 27, 2013 at 02:17 PM

    Hi Srinivas

    would you mind to post screenshots with the 3tabs of IT45?

    cheers

    a

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  • Posted on Sep 27, 2013 at 04:31 PM

    Hi Srinivas,

    Check IT0045 and see what is the loan disbursement schedule. When you can click on it it display the schedule of loan amount deductions. also in the payment tab what is the frequency that has been selected? Per month / Per pay period?

    Check the config and post the screenshots to analyse. Also see the dates ?& features related to it. ALOAN, etc...

    Thanks,

    Madhav.

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