Name Change for a wagetype in Payslip

In my client's company there are 4-5 loans like loan from welfare fund, 3

months basic etc. At at a time few Employees would be having 2-3 loans in his record.

when we process the payroll, each of the regular payment amount for these loans

would appear in /LRP wagetype, with their indentifiers in V0 table. Now when I'm

processing my payslip through HINCEDT0 , each /LRP would appear in the

payslip with the text regular repayment. My requirement is that I should be able

to put the name of the loan from IT 0045 instead of regular repayment. Is there any way to do this other than modifying the standard payslip program.

Regards,

Mithun Thottupura