CFG-LC01 – Staff Loan Module

 About this course

The Century Financials Staff Loan is a 2 day course which is ideal for those candidates who are responsible of the data entry, daily operations and administration of Staff Loan module.

This course will benefit people who need further understanding of the current functionalities of the system and for those who require a refresher course. It encompasses a wide variety of the Staff Loan areas and provides a detail working knowledge to take away with you

h Course Objectives

Upon completion of this course of this course you should be able to:
Understand how to enter and maintain the Loan records and the repayment/deductions for each loanee.
Understand the Staff Loan entire operation including managing the batch transactions and monthly interest accrual.
Understand the relating setup at Staff Loan and its relationship with the payroll module and other related module ie: Cash Book & general Ledger.
Understand the calculation of the Principal Amount, Outstanding Balance & the interest/ Profit Balance.
What you can do when you face issues with reconciling your GL with Staff Loan.

 Target Audience

Candidates who are in charge of the entire process and daily operations of Staff Loan module.

 Course Outline

 Administrative Details