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loan Repayment and balance

Experts,

I have two employees

Employee1 is granted a loan of 10,000 and during repayment it gets 1000 as deduction.

Employee2 is granted two loans of 20,000 and when repayment starts it gets 2000 as deduction, but client needs Repayment to named seperately as Automobile loan repayment, housing loan repayment and loan balance also needs to be maintained seperately.

Please guide me how to fix this.

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4 Answers

  • Posted on Jun 19, 2009 at 06:05 AM

    Hi,

    For this you need to create the two loan types for Automobile loan and housing loan .

    10,000 is the automobile loan and 10,000 is the housing loan.

    Repayment, in both loans in every month.

    Any query's on this pls let me know.

    Thanks and Regards,

    Revathi.

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 19, 2009 at 06:09 AM

    Hi,

    Maintain two different loan types- one for Automobile and for Housing loan and then maintain two different repayment wagetypes.

    Regards,

    Kanupriya

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  • Posted on Jun 19, 2009 at 06:13 AM

    senthil

    at any way u have to create the two loan repayment

    u have to copy two wage types form /LRP Loan repayment

    /LOP Loan Payment

    and assign to subtypes under the PCR XLOZ

    Edited by: Sikindar on Jun 19, 2009 11:44 AM

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 08, 2010 at 11:55 AM

    .

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