Loan Outstanding Summary Report
The Loan Outstanding Summary Report in Zoho Payroll KSA Edition provides a detailed overview of all active employee loans, highlighting the remaining loan balance and repayment progress. This report tracks essential loan details, including the total loan amount, installments paid, and outstanding principal, helping organizations manage employee loans effectively.
This report is particularly useful for monitoring ongoing liabilities, assessing repayment status, and ensuring timely loan recovery. It allows organizations to keep track of how much each employee has repaid and what remains pending.
Columns in Loan Outstanding Summary Report
The columns in this report include:
| Column | Description |
|---|---|
| Employee ID | This column uniquely identifies each employee, serving as a reference for individual payroll records. |
| Employee Name | Displays the names of employees with outstanding loans. |
| Loan Number | A unique identifier assigned to each loan for easy tracking and reference. |
| Loan Name | Specifies the type of loan issued, such as a medical or home loan. |
| Loan Amount | The total amount originally disbursed to the employee under the specific loan. |
| Instalment Amount | The fixed amount that the employee pays periodically toward the loan repayment. |
| Principal Paid | The total principal amount repaid by the employee to date. |
| Paid in Period | Reflects the number of repayment periods completed by the employee. |
| Principal Balance | Shows the remaining loan balance, indicating the outstanding principal amount yet to be repaid. |
