Enterprise OpenHRMS Loan Accounting
by Cybrosys Techno Solutions https://www.openhrms.com , Open HRMS https://www.openhrms.com| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Accounting (account_accountant)
• Employees (hr) • Invoicing (account) • Payroll (hr_payroll) • Discuss (mail) • Employee Contracts (hr_contract) |
| Community Apps Dependencies | Show |
| Lines of code | 786 |
| Technical Name |
ent_loan_accounting |
| License | OPL-1 |
| Website | https://www.openhrms.com |
| Versions | 15.0 16.0 17.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Accounting (account_accountant)
• Employees (hr) • Invoicing (account) • Payroll (hr_payroll) • Discuss (mail) • Employee Contracts (hr_contract) |
| Community Apps Dependencies | Show |
| Lines of code | 786 |
| Technical Name |
ent_loan_accounting |
| License | OPL-1 |
| Website | https://www.openhrms.com |
| Versions | 15.0 16.0 17.0 |
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Enterprise OpenHRMS Loan Accounting
Manage Loan Request of Employees.Double Layer Approval of Hr Department and Accounting.
Key Highlights
Loan Request
OpenHRMS Loan is a component of OpenHRMS suit. OpenHRMS Loan module helps the user to configure different loan policies, assign approval authority.
Approval
Conduct the approval process and sanction loan for employees.
Journal Entries
Create Journal Entries for loan request.
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'.
Journal Entries created for Loan Request
Journal Entries created for Payslip
-
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Employee can
create loan request.
-
Double layer
approval, from Accounting & HR Department.
-
Loan amount is
deducted from the salary.
-
Current month
installment is automatically listed in payslip.
-
Journal entries
for loan request.
-
Journal entries
for payslip.
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Initial Commit for Enterprise OpenHRMS Loan Accounting.
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