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Former Member
May 10, 2012 at 05:46 AM

Loan Deduction from Leave Encashment and Bonus.


Hi Experts,

Need you help.

My Client want the Loan deduction to happen from Leave encashment and Bonus paid to the employee. Please help.

Eg: If any has taken a loan of Rs. 50000 in the month of November then during the leave encashment paid to the employee in the month of January system has to deduct the Max loan amount form the leave encashment the employee is getting the same thing should happen during the bonus payment also.