Enter 0045 in the field Infotype and select the required
loan type in the field Subtype.
The loan type must be specified on the menu screen as a subtype
when a new record is created. When data is entered in Infotype 0045
Company Loans, entries can no longer be made in this field. If you
have specified an incorrect loan type, cancel the function to
create a loan and then recreate the loan using the correct loan
Select the function Create.
In the fields From - To, enter a validity period for the
loan. The end date must be later than the expected repayment end
In the field Sequential number, enter a number for the loan.
Use 01 for the first loan type, 02 for the second and
An employee's first building loan is assigned sequential number
01, the first car loan is also assigned sequential number 01. The
second building loan is assigned sequential number 02.
The field External number enables you to enter a number for
reporting functions that are not part of the payroll system, such
as in financial accounting.
Enter proper data in Conditions fields. Date fields are used in
Enter proper data in Approval fields except field Approval
date. Amount information is used in repayment planning.
Enter proper data in Other information fields. Field Taxed
indicate if interest support is taxed or nor in payroll
After entered in the required field, before save your entries,
you have to create a repayment plan. The function for it runs with
push button ‘Repayment plan’ (see Creating repayment plan).
If this loan is approved, entry date in field Approval
Save your entries.
A loan and corresponding repayment
plan are created for the employee and can be released for