A loan is an amount that an organization provides on interest to its employees when employees require financial assistance.
To bulk select the loans for the payroll process, the admin must perform the following actions:
- From the greytHR Admin login, navigate to Payroll > Payroll Inputs > Loans. The Loans page opens.
- Select the Pending Loans tab. A list of pending loan applications appears.
- Select the Select All checkbox.
- Click Consider for Payroll. The Push to Payroll pop-up appears.
- Click Confirm to process payroll for multiple loans.
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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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