Open HRMS Loan Accountingby Cybrosys Techno Solutions https://www.openhrms.com , Open HRMS https://www.openhrms.com
Employee Directory (hr)
• Invoicing (account)
• Leave Management (hr_holidays)
|Also available in version||v 14.0 v 12.0 v 11.0 v 13.0 v 15.0|
Open HRMS Loan Accounting
Manage Loan request of employees
Open HRMS Loan is a component of Open HRMS suit. Open HRMS Loan module helps the user to configure different loan policies, assign approval authority, conduct the verification process and sanction loan for employees.
No additional configuration required.
Loan amount is deducted from the salary.
Double layer approval, from Accounting & HR Department.
Current month installment is automatically listed in payslip.
Enable the option "Loan Approval From Accounting Department" In accounting settings
Add the deduction rule for loan in Salary Structure.
Employee can create loan request
Once the HR department has given the Approval, the accounts department take the decision.
When we create the payslip, all the pending installments of the month will be listed there.
When we check the Loan request again,
the deducted installments will be changed to paid.
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Keep track of services and invoice accordingly.
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I can't create input second loan for employee. please how to fix it.
Not working with Multi-Company
After installing it and enabling accounting settings field, an error message always appears while approving (Enable the option for loan approval in accounting settings). It worked with single company instance but this error appears while using in Multi-Company.