Payroll amendments report

This allows you to see scheduled amendments on either an individual payroll or all existing payrolls. An alteration is applied to a members payroll either, by request from the member or if a new loan has been allocated to their account. In the case of a new loan being allocated and the loan being serviced from shares/savings, the deduction for the loan repayment will be calculated and applied to their payroll deduction automatically.

  • The date of the amendment is the key element, and the payroll change will not take effect untill that date has been reached.