MOFFs

 




mySAP HR: INTEGRATION - EMPLOYEE TRANSACTION MANAGEMENT


Quarters Management

Quarters Management is designed to aid in the administration and management of an organization’s provision to the employees. This includes the:



Administration of the quarters database that contains critical information on the location, dimension and type of quarters provided.
Tracking and managing the allocation of quarters to the respective employees.
Aids in the determination of the rental rates as well as the automatic deduction of the rate from the employees remuneration.
Provides pertinent information on quarters occupancy rate, turnovers and vacancies for decision-making purposes.


Other features include tools to establish and adjust rental rates based on market rate values, and classification of quarters into different class types for purposes of allocation to employees.

 

Loan Management

Loan Management is designed to administer and process all internal loans granted to an organization’s employees. This includes housing loans, computer loans and others.

The Loan Management module provides the following facilities:

 
Checks the employees’ eligibility to the different types of loans. Includes a simulation function on the employee’s loan application.
Manages the loan master record for the employees, and includes information pertaining to the approved loan amount, principal loan, commencement date, final repayment date, monthly installment amount, disbursement amount and others.
Allows full and progressive payment of the approved loan amount to employees.
Allows monthly deduction of loan installments from employees’ salary.
Allows adjustments to be made to the monthly installment amount. This includes a feature to capture recalculation of relevant loan data when an adjustment is made via the adjustment screen. Different kinds of processing will be triggered according to the type of adjustments made.
Able to generate loan ledgers as well as various reports to monitor the loan repayment.
   

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