Thank you Tania for your advice.
One more query I have: on the second point, the interest will be deducted at the time of separation. So we will configure the separate loan conditions. Then my query is, at the time of separation of employee, does the HR manually change the condition of the loan in infotype 0045 to the different condition? And then will the system automatically calculate the extra interest as required, from the beginning of loan tenure onwards, through retroactive accounting for past payroll periods then? And then the arrears deductions will be done in this month payroll?
Please advise me, thanks