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Reply from tsraohcm on Mar 27 at 7:56 AM Dear Experts,
I have a created a Loan Wage in 0045 and repayment is starting from 1st Jan
2015.
I am Getting while executing the Payroll.
Error during Cumulation
No Entry found in the Table 512W
Key 40 2LRP 20150131
Regards
Sreenivasa Rao T
| | | ---------------Original Message---------------
From: Srinivas Mandgi
Sent: Thursday, March 26, 2015 3:01 PM
Subject: Loan Balance Amount Clearing in HCM in IT0045
Hi,
The process of employee loan repayment is designed in such a way that the employee takes the loan through HR and the repayment is done through HR.
There are three ways of making repayments, one through regular standard instalments deducted from the employee periodic salary,two through some early payments made by the employee through cheque/cash or a complete early repayment again made by the employee through cheque/cash.
The Finance Department needs to raise a voucher / receipt for early payment and pass that information to HR which will make the early repayment through external payments in loans infotype.
Sriinivas |
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