Register repayments manually (without Payroll integration)

If you decide not to use the integration with Profit Payroll, you must pay the principal sum to the employee yourself. When the employee makes repayments, register this in Profit HR. You must calculate the interest yourself.

On the Loan tab of the employee, Profit displays the principal sum, the total amount repaid and the balance. If the balance is zero, then the loan has been fully repaid.

You can also add repayments by importing them by selecting HR / Management / Import HRM / Load repayment.

To register repayments:

1. Go to: HR / Employee / Employee.
2. Open the properties of the employee.
3. Go to the tab: Loan.
4. Click on the action: Repayment schedule maintenance.
5. Deselect the Repayment through wage processing check box on the correct period line.
6. Select the Paid check box on the correct line.

   

7. Click on: Finish.