The outstanding amount refers to the balance remaining on a loan given by an employer to its employees. It is calculated by subtracting the total amount repaid through EMIs from the original loan amount.
Go to the Payroll section from the main menu.
Click on Reports.
Under the Salary Reports tab, select Loan Reports.

4. In the list of loan-related reports, click Outstanding Loan Report

5. The report will open, displaying a list of employees with loan policies assigned.
You can:
Filter the data using fields like Pay Group, Business Unit, Location, Cost Center, and more.
Scroll to the left to view the Outstanding Amount for each employee.
6. To export the report, click the Download icon at the top-right corner of the page.

Comments
0 comments
Please sign in to leave a comment.