This schedule outlines the repayment terms of a loan taken by an employee. It specifies the amount to be repaid, the repayment period, and the frequency of payments. This depends on the item applies could be savings, relief, payment/deduction or an investment.


Steps:

 

  1. Log into startaz.io
  2. Locate and click on the Hr & Payroll module
  3. Click on the Staff Management dropdown menu
  4. From the options presented click on Manage Savings & loan payment schedules. This directs you to a page displaying a list of staff savings and loan repayment
  5. To add apply. Click on New Transaction at the far right of the page
  6. Complete the staff payroll payment schedule form by filing on all the relevant details i.e. date, staff member, item type (saving, investment, payment/deduction, relief), total repayment amount, repayment amount and repayment period
  7. Once done click on Save to complete your application. This will reflect during payroll processing