How to set the loan step by step?

[prashanthan]

1) I need to set the loan for some employee.
2) Each and every month(Pay period) want to deduct automatically from employee salary till full loan amount settle.
3) And also want to show the balance of the loan amount and history

Please explain step by step.

Eg:-
Loan amount = $2000
Every month deduct amount = $500


Thank You.

[shanec]

Please see the following post for assistance with setting up a loan: http://forums.timetrex.com/viewtopic.ph ... oan#p20431