Welcome to your Loan Activity Exam
1.
Is there an Accounting effect for HRMS activities? (When positng to QuickBooks)
2.
Is it possible to create another loan if the first loan created was not approved yet for the same employee?
3.
Is it possible to have more than one loan created for the same employee?
4.
Is it mandatory to approve the loan before proceeding with the payment process?
5.
Is it possible to edit any existing created loan?
6.
When creating a new loan, is it possible to increase or decrease in it before payment done?
7.
Is it possible to adjust monthly installments of a loan?
8.
When a loan undergoes some decreasing or increasing, is it possible to edit that?
9.
Is it possible to void \ cancel a created loan?
10.
Is it possible to delete a created loan?
11.
Is it possible to delete a loan or any of its processes (Increase, decrease, refund, monthly installments)?
12.
Is it possible to print a loan?
13.
Regarding Loan, is the Design and Printing Activity Form available?
14.
When creating a loan, do we have to specify “date from” and “date to”?
15.
Is there an approval button of a loan that has been increased, or decreased?
16.
Is there an approval button of a loan that went through some adjustments in the monthly installments?
17.
Is it possible to edit any existing approved loan?
18.
After approving a loan, is it possible to edit an increased \ decreased loan?
19.
Is it possible to delete a loan after it has been approved?
20.
Is it possible to approve a group of loans rather than approving each loan individually?
21.
Is there a setup for the loan activity?
22.
Is there an effective date for the loan activity?
23.
Is the employee’s status considered as Active throughout the entire process?
24.
Is it possible to use the payment type “Cash Payment PV” when creating a loan or when increasing the loan?
25.
Is it possible to use the payment type “Cheque Payment PV” when creating a loan or when increasing the loan?
26.
Is it possible to use the payment type “Bank Transfer PV” when creating a loan or when increasing the loan?
27.
Is there an “Update Ledger” for the loan activity?
28.
Regarding loan, can the salary sheet be affected with a decreased amount at the time of deducting the installment amount?
29.
Is the “Receipt Voucher” applicable for the loan activity?
30.
Can the loan activity be applied to both HR & Timesheet employees?
31.
Is there an Accounting Effect on a loan that has been either increased, decreased, or refunded?
32.
Regarding a new loan, is JV or PV used?
33.
When increasing an existing approved loan, is JV or PV used?
34.
When decreasing an existing approved loan, is JV or PV used?
35.
When refunding an existing approved loan, is JV, RV, or PV used?
36.
Is it possible to create a new loan from Hinawi Web Application?
37.
Can an employee take a loan 10 times of his \ her total salary?
38.
Can an employee take a loan during test period?
39.
Can a loan be paid while being on leave?
