Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Using the Transaction Type field, you can select the type of transaction which you want to perform from the following options:

  • Loan Repayment from Benefit Provision: To pay for the loan using the benefit accrued amount, entirely or partially.
  • Reset of Benefit ProvisionProvisions: To record the benefit accrued amount as the entity's other income .
  • Loan Repayment from Accumulated Vacation Pay: To pay for the loan using the accumulated vacation pay amount, entirely or partially. This option is available if the Enable Loans to Employees option is selected on the Administration > Settings > HR and Payroll form.
  • Reset of Accumulated Vacation Pay: To record the amount accrued for vacation as the entity's other income .

...