Loan Configuration

[Former Member]

Hi,

I have done all the configuration related to loan. But when I am trying to maintain Loan IT for my employee I am getting this error message

A maximum amount of 0 can be approved for the employee 10001258 for loan type PCA

Is I am missing anything in the configuration.

Samriddhi

[Former Member]

Have u craeted more than one record for the same period??

[Former Member]

I have created one record only. End date of that record is 31.12. 9999

[Former Member]

How many loan records created for employee and u can calculate end date by click end date button in the payment tab...

[Former Member]

Thanks

[Former Member]

Hello Samriddhi,

You are getting this error because you need to configure IMG --> Payroll --> Payroll India --> Company Loans --> Master Data --> Maintain Loan Eligibility Checks and Limits.

Even if this is not configured, the message you've described is just a warning. You can press 'Enter' and proceed without any problem. Enter the details of the loan such as the Loan Conditions and the Payments (i.e. disbursement). Save your entries and the infotype will be created.

Regads,

Vivek

[Former Member]

U can ignore this warning message. Use the payment method 0150 Loan payment (Payroll)

[former_member583520]

Hi,

I think, This is the yellow colour intimation.

Its not the problem. go ahead...

Thanks and Regards,

Revathi.

[Former Member]

Hi,

This is difinitely a yellow colour intimation but due to this system is not creating any record of 0045 IT.

Samriddhi

[Former Member]

Tell me the steps wat u r doing???

[former_member583520]

Hi,

You can give double enter.

It will works.........Pls check and let me know.

Thanks and Rgds,

Revathi.

[Former Member]

Hi,

It is not working.

It is not saving the record.

[sikindar_a]

Check the configatation properly

and one more thing did u included that wage type in ur PCR pls let us know

and also maintian the other TABS in IT0045

[Former Member]

Did you maintained all tabs in IT0045, Have u calculating end date by clicking end date button.???

[Former Member]

Thanks, earlier error has gone.

But When I am running the payroll of that employee, now I am getting this error

Incorrect sequence in loan schema

Samriddhi

[Former Member]

Have you deleted any loan record while before u running payroll.