There are some conditions for whether editing or deleting loans.

To Delete Loan

 (A) In a Pending Payroll Cycle

  • There should be no installments paid for it in any other payroll cycle

 (B) In a Calculated Payroll Cycle

  • Reset the cycle
  • Delete loan
  • Re-add a new one (if needed)

To Edit Loan

  • The only editable value in a loan is “Installments” value