How do I change the balance of employees' loan deductions?
This feature is available on all PaySpace editions
The initial balance of an employee's loan deduction can be changed when the component is edited on the Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing > Recurring Payroll
Components > Deductions
Important
Users can modify the initial balance under the following conditions:
- The change is being made within the current run in which the component was linked to the employee's recurring payroll components screen.
- The employee has not received any previous payslips.