In some cases, there may be a need to provide a loan to an employee. In the ITFin system, this can be done as follows:

Step 1

Go to Company > Settings > Types of payroll lines and add the relevant lines that will allow the loan to be accounted for in payroll calculations.

Step 2

Add the loan to the payroll as a bonus by selecting the Loan receipt line.

This amount will be included in the total payable and can be transferred to the employee along with their salary.

Step 3

If an agreement is reached with the employee to repay the loan in monthly installments by deducting a fixed amount from their salary, a negative bonus for the agreed amount should be added to the payroll.

This allows the loan to be gradually repaid to the company.