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  1. Modules
  2. Payroll

Loans & Savings

Manage monthly deductions and once off payouts

Agrigistics’s payroll module efficiently handles both loans and savings for your employees, streamlining financial management.

  • Loan Disbursement and Repayment: Disburse loans directly through an employee’s payslip, specifying the repayment amount. Deductions will automatically occur during payroll processing based on the defined schedule.

  • Savings Deduction and Distribution: Deduct monthly savings contributions from employee salaries. Upon request, distribute these accumulated savings to employees.

  • Payslip Transparency: All loan balances, repayment amounts, and savings contributions are clearly displayed on employee payslips for easy tracking and transparency.

For detailed instructions on managing loans, continue to the next section.

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Last updated 6 months ago

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