Entering Loan and Advance Information
This section discusses how to process a recurring loan and related activities.
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Page Name |
Definition Name |
Usage |
|---|---|---|
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GP_ED_PYE |
Assign specific earning and deduction elements to a payee or disable earning and deduction elements for payees. |
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GP_PEA_SOVR_SEC |
Override the value of a variable associated with a particular earning or deduction for a payee (also called a payee/element override). Supporting element overrides are provided to change loan date and reference number. |
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Supporting Elements Page |
GP_PAYEE_SOVR |
Override the value of a bracket, date, duration, formula, or variable element that's associated with a payee. |
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GP_PI_MNL_ENRDED |
Enter positive input for a single payee. (You select the pay group, calendar, and emplID to access this page.) |
To enter information for a recurring loan:
Access the Element Assignment by Payee page so that you can assign the loan deduction to the payee.
Click Add New Assignment.
Select the entry type of Deduction.
Select the element name of LOAN.
In the Begin Date field, enter the date on which the loan begins.
Click OK. This accesses the Element Detail page.
Enter INR in theCurrency Code field.
In the Supporting Element Overrides group box, enter the element name of LA VR LN REF in theVariable Name field.
Enter the loan reference number in the Character Value field.
Insert a row.
Enter the element name of LA VR LN DATE in theVariable Name field and enter the begin date for this loan in theDate Value field.
Insert a row.
Select the element name of LA VR LN INSTALL in theVariable Name field and enter the amount of the loan to be deducted each payroll run in theNumeric Value field.
Insert a row.
Select the element type of Variable.
Select the element name of LA VR LN TOTAL and enter the total value of the loan in theNumeric Value field.
Click OK.
To enter information for a recurring advance:
Access the Element Assignment by Payee page so that you can assign the loan deduction to the payee.
Click Add New Assignment.
Select the entry type of Deduction.
Select the element name of LOAN.
In the Begin Date field, enter the date on which the loan begins.
Click OK. This accesses the Element Detail page.
Enter INR in theCurrency field.
In the Supporting Element Overrides group box, enter the element name of LA VR ADV REF in theVariable Name field.
Enter the advance reference number in the Character Value field.
Insert a row.
Enter the element name of LA VR ADV TYPE in theVariable Name field and enter the type of advance in theCharacter Value field.
Insert a row.
Enter the element name of LA VR ADV DATE in theVariable Name field and enter the begin date for this advance in theDate Value field.
Insert a row.
Select the element name of LA VR ADV INSTALL in theVariable Name field and enter the amount of the advance to be deducted each payroll run in theNumeric Value field.
Insert a row.
Select the element type of Variable.
Select the element name of LA VR ADV TOTAL and enter the total value of the advance in theNumeric Value field.
Click OK.
Use the One Time (Positive Input) page (GP_PI_MNL_ENRDED) to enter positive input for a single payee.
(You select the pay group, calendar, and emplID to access this page.)
Navigation:
When you need to increase a loan or advance balance, access the Element Assignment by Payee page ( and click theElement Override) link. This accesses the Supporting Element Overrides page.
For loans, select the variable name LA VR LOAN ADJ and enter the monetary value by which you want to increase the loan or advance balance.