A loan is an amount that an organization provides on interest to its employees when employees require financial assistance.
To view the loans that you need to adjust in the payroll process, the admin must perform the following actions:
- From the greytHR Admin login, navigate to Payroll > Payroll Inputs > Consider Loans. The Consider Loans page opens.
- Click the Pending Loans tab. A list of pending loan applications appears.
- Select the required application and click Consider for Payroll. The Push to Payroll pop-up appears.
- Click Confirm to adjust the loan in the payroll process.
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Related Links:
Video- To watch the video on Managing employee loan, click here.
FAQs- To read more FAQs about the Loan, click here.
Documentation- To learn more about Loans, click here.
Product Update- To read about the product update, click here.
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