How do I add a loan deduction to an employee's record?
The loan component can be added to an employee after it can been configured on company level.
Step 1: Search for and select the Loan Deduction component.
Navigate > Configuration > Payroll > Payroll Config > Payroll Components
Step 2: Add the Loan Deduction component to the employee's Recurring Payroll Component screen.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions