Solution Properties
Solution ID:
223924550037175
Last Modified Date:
Wed Jun 30 15:46:22 UTC 2021
Taxonomy Path:
Category//Transactions
Author:
[email protected]
Enter payment when an employee pays off a loan
Description
Cause
Resolution
Adjust the YTD Deduction amount for the loan repayment.
Turn on the Audit Setup Activity option
.
Go to
Payroll
,
Setup
,
Employees
.
Select the employee and click
Deducts.
Locate the line with the loan deduction.
Add the amount of the employee's payment to the
YTD Ded
amount.
Click
Accept line
,
Accept table
,
Save
and
Close
.
Turn off the Audit Setup Activity option
.
Enter the deposit in Cash Management
and select the loan liability account for the Credit account.
[BCB:156:Chat 300 CRE US:ECB]
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