How do I setup Salary Advances and Loans

Topics brought up by the TimeTrex open source community.
Post Reply
popsicles
Posts: 1
Joined: Mon May 25, 2015 9:50 am

How do I setup Salary Advances and Loans

Post by popsicles »

Hello All,

I just downloaded timetrex 8.0.7. I found it to be good and I want to use it in my office. I have some question to ask as regards integrating it to our operations.

1. How to I sent up Loans which are given to Employees. Sometimes Loans of different amounts are given to different employees payable at different times and sometime thesame amount are given to different employees at different time and different repayment period.

2. How do I handle salary advances collected by Employees payable at the end of the month. Sometimes Salary advance from One employee can be up to four times before the month ends and this will be deducted from the monthly pay before they are paid.

how do I do these?

thanks

Popsicles
shanec
Posts: 417
Joined: Thu Apr 25, 2013 8:22 am

Re: How do I setup Salary Advances and Loans

Post by shanec »

1. How to I sent up Loans which are given to Employees. Sometimes Loans of different amounts are given to different employees payable at different times and sometime thesame amount are given to different employees at different time and different repayment period.
Please see the following post for assistance with setting up a loan: http://forums.timetrex.com/viewtopic.ph ... oan#p20431
2. How do I handle salary advances collected by Employees payable at the end of the month. Sometimes Salary advance from One employee can be up to four times before the month ends and this will be deducted from the monthly pay before they are paid.
Setting up Pay Stub Amendments may meet your needs.

For more information please see the Pay Stub Amendments section of the TimeTrex Administrator Guide:
http://help.timetrex.com/TimeTrex_Admin ... Amendments
Post Reply