I have configured loan payments with using of following steps, Here I am successfully able to create a loan under employee master data, I have selected the loan recovery through regular payroll run. when I checked the payroll there is no effect regarding loan recovery. Can any one help me how we can integrate Loan payments with regular payroll. Is there any PCR correction ? please do needful.
1. Check Table/view V_T7INJ1 for Section 24 deduction details,
2. Table/view V_T7INJ3 for the Loans eligibility check and limits.
3. Table/view V_T7INJ5 for the disbursement schedule.
4. Table/view V_T7INJ6 for the event codes of Loan grouping.
5. Configure feature ALOAN, which will return the grouping.
6. Table/view T506C which will give the loan condition values.
7. Table/view V_T506D
8. Table/view V_T506S,
9. The constants LMNL1, LMNL2 and LONPI should be maintained in the table V_T511k.
10. The constant LMVAL should be maintained in the table V_T511P.
Also check for below points
1. Check that the feature 40LGR is configured for India,
2. Check that the feature 40LSL is configured which will return the Salary components
Thanks & Regards,