Outstanding Loan Balances

Marlin HR enables outstanding employee loan balances to be deducted from an employee's termination pay run.

If an employee has an outstanding loan balance at the time of termination, this amount can be deducted from their termination pay by adding an After Tax Deduction.

In the employee's Pay Advice details window:

• Click on After Tax Deduction field
• Click Add button (below)

In the Empolyee Deduction pop-up:

• Select Employee Loan Repayment deduction
• Select Employee Loan liability account
• Enter Amount
• Select Add Amount toggle
• Click Ok

Note

Although deductions from an employees unpaid wages or overtime may be permitted, it is not generally permitted to make deduction from their unused leave payout. Please seek expert advice from your tax accountant, employer association or the ATO.

Quick Reference

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