Processing Loans for an Employee Who Leaves 

Use

When an employee who has been granted a loan, leaves your enterprise, you must make sure that he/she has completely repaid the loan. After the employee has left your enterprise, payroll is no longer performed for him/her, making it impossible for repayment to take place via payroll. Any outstanding debts must be settled in Financial Accounting. We therefore recommend that you close the loan with a special repayment or complete repayment, before the employee leaves.

When an employee leaves the company, a message is displayed in the payroll log. The SAP System does not automatically settle outstanding balances.

Prerequisites

Procedure

  1. In the Infotype field, enter 0045 and in the Type field, enter the loan type to be changed.
  2. Choose .
  3. If several loans exist for the same loan type, select the loan to be changed using or .
  4. Choose the Payments tab page.
  5. Enter a special repayment or complete repayment for the amount of the loan amount still outstanding and save your entries.