Loans - Freeze

Modified on Fri, 12 Apr at 5:04 AM

It is possible to freeze a loan for a specified period.  Interest will continue to accrue during the period in which the loan is frozen.


See this link for further information on how to freeze a loan.  Go to the heading 'Loans' and scroll down to the heading 'Freeze Loan'.


See this link for further information on how to setup the Loan Transaction Code.

See this link and select the heading 'Loans' for further information on how to process a loan for an employee.

See this link and go to 'Step 5' for further information on how to set up the Libor Rate that determines the loan benefit.

See this link for loan reports.


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