How Do I Create Deduction Headings for Loans?

How Do I Create Deduction Headings for Loans?

Within Cintra  iQ, you can set up deduction heading for loans.

To set up  a loan deduction heading

  1. Navigate to the Deduction Headings definition window.
    Go to Cintra iQ: Payroll> Payroll Setup> Adjustments> Deduction Headings
  2. Click the New button. The New Deduction Heading form appears.
  3. Enter the heading's Name.
  4. Enter the Reporting Group.
  5. Select the Category: Loan Deductions.
  6. Click the Next button. The Loan Deduction form appears.
  7. In the Main Settings tab, enter the following where necessary.
    1. Description
    2. Batch Import Code
    3. Third Party Payee
  8. Click the Other tab.
  9. Select one or more of the following:
    1. Deducted before Tax
    2. Deducted before NI
    3. Deducted in Holiday Weeks
    4. Reduces Wage for national Minimum Wage
    5. Deduction may be reduced
    6. Deduction attract Arrears. Note: Arrears are carried across Payroll Year End.
    7. Deduction can be pro rata'd
    8. Deduction can be disabled
    9. Foreign Tax Adjustment.
    10. Click the Apply  button. The Deduction heading appears in the Deductions Heading definition window.

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