Summary

The Bank Details tab page records bank account and references for the repayment of the employee's loan.

When you open a pay the details from this tab page are contained in the loan transaction and the Direct Credit Schedule report, except under the following conditions.

• The deduction code for the loan is not a direct credit type.
• A permanent deduction for this loan already exists.

Viewing all loans

All employee loans in your organisation can be viewed by navigating to the Employee Loans makeup table.

Fields

Bank account:

This is the bank account the loan is to be repaid to.

Bank Branch:

(System generated) The Bank Branch shall only display the Bank Branches entity is used by your organisation. It is based on the first few numbers of the Banks account.

Bank reference:

A reference for the bank account holder's bank statement as to what this transaction is for.

Bank code:

This is the bank code that will appear on the account of the direct credit account holder.

Account name:

The name of the account the loan is to be repaid to.

Bank particulars:

This is the bank particulars that will appear on the account of the direct credit account holder.