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IN PAY: Loan Issue in Indian Localization

edited Oct 23, 2012 10:41PM in Payroll and OTL - EBS (MOSC) 4 commentsAnswered
Hi,

Can anyone help me in understanding Loan calculation in Indian Localization.

I have created an element "Loan" with the help of element design wizard of Type prequiste.

Also i am able to deduct monthly installments by creating another element of type "deduction"

Now i am not able to deduct Intrerst on Loan, do i need to create a separate element for it?

Also what is the use of Prequiste type in this case?

Regards,

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