Stop a loan repaid early
Description

Once you've set up an employee loan, if they pay it off early, you can stop it.

Cause
Resolution

Stop a loan repaid early

  1. Double-click the required employee, then click the Employment tab.
  2. Click Pay Elements, then click Loans.
  3. For the relevant loan, click the Status box, then click the Status finder button.
  4. Choose Paid, then click Save.
  5. Click Save, then click Close.

The loan won't appear in Enter Payments for any future payroll processing periods.

Steps to duplicate
Related Solutions