This transaction type is available if the Enable Loans to Employees option is selected on the Administration > Settings > HR and Payroll form.
You can create a Bank Payment (Loan to Employee) document when you need to register the funds lent by your company to its employee.
A document of this type can be based on a Loan to Employee, Cheque Issued, Money Payment (Plan), or Cheque Issued document.
Bank Payments (Loan to Employee) are not used as basis for other documents.