Hi .. how can make opening balance for employee loan

Hi … how can make opening balance for employee loan and assign each amount to each employee

How did you solve this?

Is there a way to add opening balance on loans and make repayments from salary?

Since there will be no disbursement as it was already done previously.

Just make a loan of the remainder amount. Keep the older emi information in an attachment. This will be the easiest

If loan isn’t disbursed it wont create the repayment from salary slip, and disbursement was previously made.

Hi,

Create the Loan for remaining amount and do the disbursement.

Now, don’t make payment, just pass the journal entry between loan disbursement account and loan account to nullify it.

Hope this will work.

Thanks,

Divyesh Mangroliya