Can any one let me know the steps on a new loan type and linking it to the GL
I need a new loan type and link it to a wage type ( I suppose) so that once the payroll run is over it automatically calsulates the deductiona and the balance to be paid and I can print the same in the payslip .
Thnaks for the qucik reposnse .. I have not worked in loans and this is a support project .
The requirment is client want a new loan to be introduced which will be paid back by employee in intsallment which will be cut from his salary.
So in infotype 45 I need to create a new subtype for this new loan . ( This can be done in payroll -> loans )
now how should I link it to payroll run .. like in intofypt 45 intself i see a filed installment .. how can i link it a wage type .for installment and to a wage type for balnce ..
You can maintain all loan payments,instalments in infotype 45, but for the payslip need to maintain a rule to display balance,instalment and payments etc.
Now start digging for loans, I can guide you as much as possible give u r id.
I am seeing here a loan which is done here ealrier . i see 2 wage types created one is Personal loan paymt , personla loan balance .. but am not gettign how is it linked to the lain type.. since we say in the infotype 45 of the loan type the the installment amount .. can you let me know how is it calculated .There should be some linkn for this rt ?
Before processing in 0045 , you have to create Loan Type in Spro.
Follow :
IMG >Payroll India > Company Loans >> Master Data >Maintain Loan Types .
Same, have to maintain ,Loan Groupings >and give other conditions as same aswell.
Than you can get the Loan type in 0045 IT.
If you want to show in the payslip then you need to copy technical loan wage types to customized wage types and give evaluation classes to show in the payslip.
/LOP - Loan payment ( Payroll) - can pay loan through payroll
/LRP - Loan instalment (Payroll) - can deduct loan instl through payroll
/LLB - Loan Balance - can see the loan balance after deduction
You need to write small rule for transfer values from technical wts to custom wagetypes.
some processing classes you need to assign for customized loan wage types
I understood the steps u have mentioned . I wanted to check the same with the loans which are already done . but for eg furniture loan which is working I am not seeing any copied rule .. can let me know the exact place i can see where I can see the copied rule for this copied wage type from /llb for furniture loan balance .
I went to to payrolinternantion-> loans-.store additonal values->copy personel calucl rule .
here am not seeing the any custome loantypes ..am still not gettign where I will find the my wage tyoe for laon balance for eg here we have 0fnb for furniture laon balnce .
XLOZ Loan accounting: Posting to several collective accounts
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