Loan Inquiry
Loan Approve lists employee loans and their approval state. It is where applications are reviewed, approved, and tracked through repayment — with the ledger entries behind each one available from the list.
Where to find it
Go to HRM > Loans.
What the list shows
| Column | Description |
|---|---|
| Employee | Who borrowed. |
| Loan Type | Which scheme applies. |
| Amount | The sum lent. |
| Instalment | The monthly repayment. |
| Outstanding | What remains to be repaid. |
| Status | Pending, approved or closed. |
Actions
| Action | What it does |
|---|---|
| Edit | Change the loan details. |
| Loan GL | View the ledger entries the loan created. |
| Approve | Confirm the application so repayment begins. |
| Delete | Remove an application that was never approved. |
Repayment only starts once a loan is approved. An application left pending is money the employee may believe is coming and payroll knows nothing about — check the pending list before each payroll run.
Related pages
- Loan Application — apply for a loan
- Loan Entry View — one loan in detail
- Loan Type — the schemes and their EMI limits
- Advance Salary — the short-term alternative