Employee Loan Management
by Sheikh Muhammad Saad https://odooelevate.odoo.com/ , OdooElevate https://odooelevate.odoo.com/$ 10.12
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Discuss (mail)
• Employee Contracts (hr_contract) • Employees (hr) • Invoicing (account) |
| Lines of code | 1140 |
| Technical Name |
oe_employee_loan_management |
| License | OPL-1 |
| Website | https://odooelevate.odoo.com/ |
| Versions | 17.0 18.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Discuss (mail)
• Employee Contracts (hr_contract) • Employees (hr) • Invoicing (account) |
| Lines of code | 1140 |
| Technical Name |
oe_employee_loan_management |
| License | OPL-1 |
| Website | https://odooelevate.odoo.com/ |
| Versions | 17.0 18.0 |
Overview
This module offers a complete solution for managing employee loans within Odoo. It allows you to define flexible loan policies and multiple loan types, ensuring a structured approach to employee financing.
Key features include automated repayment schedule generation, support for various payment scenarios like partial payments and EMI postponements, and seamless accounting integration for all loan-related transactions.
The module also provides automated notifications for overdue EMIs, payment confirmations, and other important loan events, keeping employees and management informed. With configurable security, it streamlines the entire loan process from application to full repayment.
This module is under copyright of 'OdooElevate'.
Loan Policy & Loan Type Menus
The menues empowers you to configure detailed loan policies and diverse loan types. Define rules such as maximum loan amounts (fixed or based on salary percentage), minimum time required between loans, and eligibility criteria based on job positions or contract duration. This ensures a controlled, fair, and transparent loan application process, tailored to your organization's specific needs.
Loan Request & Repayment Schedule Menus
Efficiently manage the entire employee loan lifecycle from request to repayment. Employees can submit loan requests, which then go through an approval workflow. Once approved, the system automatically generates a detailed repayment schedule, breaking down the loan into manageable EMIs. Track the status of each installment, record payments (full or partial), and manage postponements, all from intuitive dedicated menus.
Loan Request
Employees can easily submit loan requests through a user-friendly interface. Each request captures essential details such as the loan amount, desired repayment period, and the associated loan type. These requests then seamlessly move through a defined approval workflow, ensuring proper authorization before disbursement.
EMI's Auto Generation
Upon approval and disbursement of an employee loan, the module automatically generates a comprehensive repayment schedule. This schedule, linked to the Employees Application, meticulously breaks down the total loan amount into structured Equated Monthly Installments (EMIs). Each EMI has its own due date and amount, providing a clear and automated plan for repayment tracking.
Repayment Schedule
Upon approval and disbursement of an employee loan, the module automatically generates a comprehensive repayment schedule. Meticulously breaks down the total loan amount into structured Equated Monthly Installments (EMIs). Each EMI, has its own due date and amount, providing a clear and automated plan for repayment tracking
Security Groups
The module comes with predefined security groups to ensure robust access control over sensitive loan information. These groups allow administrators to grant specific permissions to different user roles, such as HR managers, finance teams, and regular employees. This granular control ensures data confidentiality and compliance, allowing users to only access and manage loan data relevant to their responsibilities.
Email Notifications
The module leverages Odoo's powerful email templating system to send automated notifications for various loan events. These notifications ensures timely and relevant communication with employees regarding their loan status.
Our Services
OdooElevate offers customized and scalable Odoo services that are specifically designed to resolve your actual business needs. Our proposition is to enhance your operations, ensuring they run more efficiently, intelligently, and swiftly, regardless of whether you're initiating a new setup or refining your current Odoo implementation.
Customization
Tailored modules to fit your business process.
Automation
Save time with workflows that run on autopilot.
Consulting
Strategic guidance for your Odoo system.
Maintenance
Reliable technical help, whenever you need it.
Contact Us
We'd love to hear from you! For quick support or inquiries, feel free to reach out to us directly on WhatsApp or visit our website. Our team is ready to assist you!
+92 310 5130679
odooelevate.odoo.com
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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