Set up the remainder of a loan that an employee has already partially paid.

Set up a partly repaid loan

1. Double-click the required employee, then click the Employment tab.
2. Click Pay Elements, then click Loans.
3. On the next available line, click the Description finder button, then click New.
4. Enter the following information:
   
   

   Description	Enter the loan name.
   Loan Amount	Enter the total amount of the loan.
   Normal Deduction Rate	Enter the amount to deduct per pay period.
   Transfer to Sage P11D	Select this check box if you want to import the loan information into Sage 50 P11D.  NOTE: Use the Import option in your Sage 50 P11D software to transfer this data.

5. Click OK, then confirm the date in the Start Date box is correct.
6. Enter the amount already repaid into the Amount Paid to Date box, then click Save.
7. Click Save, then click Close.