Loans
In the Credits panel of the Administration Panel | Settings | Program Parameters | Personnel | Payroll you can enter credit types, and determine which of the will appear in the Employee files | Position/Salary | Credits panel, where you can enter credits to employees.
| Credit Type |
In the Credit Type table select from the drop-down list the type of credit you would like to define.
In the drop-down list you can select among followings:
- Alimony
- Tax Enforcement
- Credit
- Other Enforcement
- Other
According to the selected credit type the program will in the payroll calculate deductions according to the order of enforcement:
The program will first deduct alimonies. The program will follow with deduction of tax enforcements of the tax administration (VAT debt). Next will follow payroll withholdings and civil enforcements. Those are deducted in the order of their arrival to the employer or payer of the employees' salary. If the first Credit Type field is blank, the program will not perform the check of the deduction amount.
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| Credit Type |
In the Credit Type section you can enter credits that will be available in the Employee files | Position/Salary | Credits panel (Type field). |
| Show Credits |
In the Show Credits section you can select in two pairs of options:
In the first pair you can select between followings:
- All Credits - In the Credits panel of the Employee files will appear all credit;
- Active credits - In the Credits panel of the Employee files will only active credits.
In the second pair you can select between followings:
- Paid Off and Remaining - v In the Credits panel of the Employee files will appear paid off credits as well as remaining (no yet paid off);
- Remaining - In the Credits panel of the Employee files will appear remaining (no yet paid off) credits.
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Posting of Credits:
| Debit Account |
In the Debit Account field you can select from the lookup list an account that the program will use for a debit posting of credits of employees. |
| Credit Account |
In the Credit Account field you can select from the lookup list an account that the program will use for a credit posting of credits of employees. |
| Minimum Base Salary |
In the Minimum Base Salary field you can enter the minimum base of the salary.
The minimum base salary is prescribed by the regulation of the Social Assistance Act stating that the employee must receive at least the minimum income (for example, if an employee has an extremely low salary). |
| Use Provisions of Enforcements and Insurance Act |
If you select the Use Provisions of Enforcements and Insurance Act option, the program will not only report irregularities between the amount of the credit and the allowed amount, but will also calculate the allowed amount of actual credits. |
| Enforcement Pmnt up to Limit of Enforcements and Insurance Act |
If you select the Enforcement Pmnt up to Limit of Enforcements and Insurance Act option, the program will calculate the credit type of enforcement to the maximum amount provided by the law (Execution of Judgments and Civil matters and Insurance of Claims Act). |
| Decrease Deduction from Net Salary |
If you select the Decrease Deduction from Net Salary option, the program will not only report irregularities between the amount of the deduction and available amount, but will calculate the deduction of the allowed amount. |
| Show Salary Phase M |
If you select the Show Salary Phase M option, the program will display the M phase in the Document Types settings (Payroll panel). The M phase will be an option that you can be selected in earnings types. |
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If you have selected the M phase in Document Types settings and would want to uncheck the Show Salary Phase M box in the Administration Panel | Settings | Program Parameters | Personnel | Payroll | Credits panel, the program will report an error:
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