Employee Loan Management

by
Odoo

346.13

v 13.0 Third Party
Required Apps Employees (hr)
Invoicing (account)
Time Off (hr_holidays)
Included Dependencies
Lines of code 3712
Technical Name simplysolved_loans
LicenseAGPL-3
Websitehttps://www.SimplySolved.ae
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Required Apps Employees (hr)
Invoicing (account)
Time Off (hr_holidays)
Included Dependencies
Lines of code 3712
Technical Name simplysolved_loans
LicenseAGPL-3
Websitehttps://www.SimplySolved.ae
banner.jpeg

Overview

Comprehensive employee loan management solution including multi-company support. Provides seamless integration between HR, Accounting & Payroll Apps. Manage different types of employee loan requests, identify and mark an employee as a 'Loan Defaulter'. Supports 'Allow Multiple Loans' or loan restrictions for specific employees & ability for employee to request skip loan installments. All approvals ensure loan amount deductions or skip requests are reflected in payroll. Reporting is supported with a comprehensive view of the employee loan dashboard.

Features

LOAN REQUESTS
Key Features Functionality
Loan request Create loan request
Approver receives loan request email notification Loan request email notification is sent to the approver
Employee gets an email notification - once approved or rejected Approver approves or rejects loan request and the decision/result for that loan request gets sent to the employee as an email notification
Mandatory field for loan rejection reason - 'Reason for Rejection' Approver has to fill the mandatory field with the reason for loan rejection when rejecting an employee loan request , 'Reason for Rejection' - for e.g. Reason for Rejection: multiple loan requests made in the past month
Mark an employee as a 'Loan Defaulter' HR admin/approver can select the corresponding checkbox to mark an employee as a 'Loan Defaulter' - for e.g. if previous loans were unpaid or not paid on time
Automatic loan rejection for an employee who is a 'Loan Defaulter' Employee that has been marked as a 'Loan Defaulter' gets an automatic loan rejection email notification once the loan request is created - Reason for Rejection: Loan Defaulter
Email notification for the employee once the loan is paid Employee receives an email notification once the loan payment is processed successfully
Limits for employee loan requests HR admin/manager can set a limit for the number of loan requests that can be made by an employee per year
View employee loan request attached to the employee HR admin/manager can view the loan request made by an employee when accessing that employee's details
SKIPPING INSTALLMENT
Key Features Functionality
Employee request for skipping installment Employee can create a request for skipping installment, by selecting 'Skip Installment' for specific number of months required
Approval or rejection email notification Approver can either approve or reject the request, email notification is then sent to an employee accordingly
Once approved, carried to another date (Moves the final installment month/date further) If the request is approved, that skipped installment is carried to another date, which consequently moves the final installment month/date further
Skipped Installment account entry Skipped Installment account entry is automatically created
SKIPPING INSTALLMENT
Key Features Functionality
Employee loan dashboard View employee loan dashboard
Employee loan analysis report - detailed summary Manager/HR admin can view employee loan analysis report - detailed summary
Import employee loan Employee Loan can be imported using a csv or an excel file

Screenshots

Loan Dashboard


Loan Request List

Loan Defaulter

Loan Approved

Payroll Processed

Skipping Loan Installment Request

Skipping Loan Installment Request List

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