How to record manual repayment
Recording Manual Repayments
Once you’ve recorded a loan, the repayments will be automatically deducted from the employee’s income each month. You can also record manual repayments by following these steps:
How to record manual repayment:
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Steps |
Actions |
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1 |
Go to the Loans module |
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2 |
Click on the more option |
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3 |
Click view details |
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4 |
Click Update Repayment |
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5 |
Enter the Repayment Amount |
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6 |
Select a Repayment Date |
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7 |
Enter the Note (optional |
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8 |
Click Update Repayment |