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Salary Advances

former_member538867
Participant
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Dear Consultants,

Does Payroll (India) provide for Salary Advances (Not Loans)? It should be paid out of the amout due to the employee during the month & to be recovered from the immediate salary in one installment.

Regards

Bindumadhav

9869028264

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Dear Bindu Madhav

How are your. Hope your fine

You can create an wage type with name ADVANCE & maintain infotype 0045-loans. Run a offcycle and pay him advance . In the normal payroll that particular wage type should get deducted. Try it. AM trying it , if I get it , will let you know.

Regards

Chintan Joshi

Former Member
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joshi,

your correct, It should work with your scenario. I tried advance payment through it45

Surya

Answers (2)

Answers (2)

Former Member
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Yes, As suggested by Chintan you may create an wage type for as sal advance and maintain infotype 45 Loans. This would be easier for recovering either in one installment of in multiple installment.

sikindar_a
Active Contributor
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configure it in it0015