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Re: Loans and Statutory

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Hi,

 

What solution I mentioned was like an add-on solution in SAP which will sit in between HR & FICO modules of SAP.

 

Loan against PF needs some link in FICO, since, any payment will go to bank a/c of employee.

 

PF loan is like an advance given to employee based on certain conditions/valid reasons. It will be settled during retirement/separation.

 

If your query is answered, then please close this thread.

 

regards,

Bala.


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