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Benefit - H. Interest - free and low interest loans Setup
Use
A director or employee will receive a benefit by reason of their employment when he or she, or any of their relatives, is provided with a cheap or interest free loan. This screen displays the list of pre defined items, under this benefit. You can enter a new loan item, if the pre-defined items do not meet your requirements.
Path
Employer / Setup > Chart of Setup > P11D Masters Setup > Interest free / low interest loans
Fields Available
- Loan Category: From the drop down list, select the loan category. If you are modifying any loan item, then the respective loan category you selected will be displayed here.
- Loan Type: Enter here a brief description of the loan type.
- Description: Enter here a detailed description of the loan type.
- Type: This field tells you whether the item is pre defined or user defined.
- Action: The various tasks associated with the data in each row will be displayed here. For example, Save, Edit, Remove, etc.
Associated Tasks
- Save: To save the newly added details, click on this button. The new details will appear on the screen.
- Edit: To modify the details of the loan item, click on the Edit button in the appropriate row. The row then becomes editable. Please note, this option is available only for user -defined items.
- Remove: To delete the details of the loan item, click on the Remove button in the appropriate row. A confirmation message will appear. Click on OK to continue. Please note, this option is available only for user defined items.
- Update: To save the modified details, click on this button. The new details will appear on the screen. This button appears only when you click on the Edit button to modify a user defined item.
- Cancel: To cancel the Edit action, click on this button. This button appears only when you click on the Edit button to modify a user defined item.
- Done: If you have finished viewing, creating or modifying the details and wish to leave this screen, click on this button. You will be taken back to the Assign Benefits screen.
Related Topics
Add Interest - free and low interest loans