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VB_stagler123's avatar
VB_stagler123
Contributing User
16 days ago
Solved

Advance loan adjustment from Final Pay

Hi,   Is there any way to deduct the advance (loan taken by employee) from their final pay?  How to process the final payslip to recover the loan amount.    
  • VB_stagler123's avatar
    VB_stagler123
    16 days ago

    I managed to resolve the issue myself. The advance can be added once the final pay is processed, and the loan amount will then be deducted from that final pay.

     

    Thank you

jenniek's avatar
jenniek
Ultimate Partner
16 days ago

Hi VB_stagler123​ I'm assuming you have already been taking a payback deduction. If not setup a post tax deduction to deduct the amount form the final pay. You would need the employee's permission to do this.

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