Once you've set up an employee loan, you can edit the deduction amount, if required.

Change a loan deduction rate

1. Double-click the required employee, then click the Employment tab.
2. Click Pay Elements, then click Loans.
3. For the relevant loan, amend the value in the Normal Deduction Rate box, then click Save.
4. Click Save, then click Close.

Sage 50 Payroll uses the new rate in future payroll processing periods.