Loan Payment allows users to settle the loan amount for the select installment periods.
Path in Paybooks 2.0: Go to Transactions section >> under Loan >> click on Manage Payments
Path in Paybooks 1.0: Go to Transactions menu >> Manage Loans >> Loan Payment
Ø Select the Employee Name and Loan Name from the dropdown list
Ø Fields Loan Amount, Till Now Paid Amount and Remaining Amount will get automatically fetched.
Ø From the table select the Loan Installments need to be settled and enter the sum amount in Payable Amount field and click Save.