Loan Armotization Schedule

How to edit the Loan amortization schedule

An amortization schedule is known as a comprehensive table of periodic loan payments, showing the amount of principal and interest that include each payment until the loan is paid off at the end of its term. Every periodic payment is the same amount in total for each period.

 

  • Go to the Module Payroll
  • Sub-module Loans
  • On the loan requested/ approved tabs there's three dots at the end.
  • Click Edit  Schedule and proceed. 

NB; How to view loan amortization

  • Click on payroll
  • Click on loan submodule
  • Under approved status
  • Click on plus(+) green button before the initials to view.