Set up a student loan deduction
Description

You have to create a student loan deduction first, before you can assign it to the relevant employees. Each plan type will require its own deduction.

You only have to create each deduction once. The deduction will then be available to select when processing the pay run.

Cause
Resolution

To create the student loan deduction

  1. Select Settings from the menu bar.
  2. Select Payments & Deductions.
  3. Select the Deductions tab, then Create New Deduction.
  4. For Deduction Category, select Student Loans.
  5. For Deduction Type, select either:
      • Student Loan (Plan 1)
      • Student Loan (Plan 2)
      • Student Loan (Plan 4)
  1. Edit the name and description, if required.
  2. Select Save.

You can now assign the deduction to the relevant employees.

Steps to duplicate
Related Solutions

Student loans