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Is it possible to link "Information" Payroll Element with Individual Compensation Plan

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How to link "Information" Payroll Element with Individual Compensation Plan

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Business Requirement:

We have a Business Requirement in which Employee can request for Loan from the company, which should be deducted through monthly installments from Employee Salary. Employee will provide following information in the Loan Application

  • Loan Amount
  • No of Installments
  • Deduction Start Date

Once the Loan Application is approved, system to populate a Payroll Element "Loan Deduction Info". This Element is information type.

I want to achieve this through "Individual Compensation Plan" but when I am creating the plan, at the time of Element Mapping, I cannot find information type of Payroll Elements.

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