The Loans to Employees tab becomes available once the Loans to Employees option is selected on the Main tab. This option is available if the HR and Payroll module is enabled on the Administration > Settings > HR and Payroll form and if the Enable Loans to Employees option is selected on the same form.
On this tab, you can enter the data on loans issued to the employees before the date of start of accounting in the system.
The Opening Balances Entering document. The Loans to Employees tab
In the Employee column, select an employee with unpaid loan.
Note. In the Loan Document field, you need to select the loan document which you have to create preliminary or on the fly with the terms of the loan issued to the employee.
In the Loan Amount column, specify the remaining unpaid amount of the loan.
In the Loan Percentage column, specify the loan percent agreed upon.