Loan Management System in Odoo for Customer and Supplier | Customer Loan | Supplier Loan
by DevIntelle Consulting Service Pvt.Ltd https://www.devintellecs.com$ 116.04
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
CRM (crm)
• Discuss (mail) • Invoicing (account) • Project (project) • Website (website) • Calendar (calendar) • Contacts (contacts) |
| Lines of code | 21477 |
| Technical Name |
dev_loan_management |
| License | See License tab |
| Website | https://www.devintellecs.com |
| Versions | 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
CRM (crm)
• Discuss (mail) • Invoicing (account) • Project (project) • Website (website) • Calendar (calendar) • Contacts (contacts) |
| Lines of code | 21477 |
| Technical Name |
dev_loan_management |
| License | See License tab |
| Website | https://www.devintellecs.com |
| Versions | 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0 |
Loan Management System in Odoo for Customer and Supplier
Loan Management System in Odoo is a complete solution for efficiently managing loans for
customers and suppliers. It supports streamlined processing of loan applications, approvals,
disbursements, and repayments, ensuring a smooth workflow for financial operations. The app
allows the creation of customizable loan categories, borrower profiles, and eligibility
criteria, enabling businesses to cater to diverse needs. Users can upload and validate loan
verification documents, generate loan-specific accounts, and set installment reminders for
timely repayments.
This system integrates seamlessly with Odoo's accounting module, offering real-time financial
insights, including detailed journal entries for each loan installment. Managers can approve
loan requests, disburse funds, and monitor repayment statuses using structured workflows that
include states like draft, confirm, approve, disburse, open, and close. Automated notifications
keep managers and borrowers informed about upcoming installments and overdue payments.
The app also provides robust reporting features, such as installment summaries, loan account
summaries, and loan collection reports, available in both PDF and on-screen formats. Borrowers
can access loan details, notices, agreements, and outstanding reports through the portal, which
includes digital signature capabilities for agreements and notices.
With features like interest certificate generation, loan agreement and notice templates,
processing fee invoicing, and borrower-specific loan summaries, the system is a comprehensive
tool for managing loan operations effectively. Whether it’s a home loan inquiry or a business
loan application, the app ensures accurate documentation, seamless communication, and efficient
loan lifecycle management.
The app includes an advanced dashboard designed for loan analysis, empowering users with
data-driven decision-making capabilities. The dashboard allows users to refine data using
filters such as user, customer, loan type, and date range, ensuring precise insights tailored to
specific needs. It provides comprehensive statistics, including key metrics like approved loan
amounts, disbursed loan amounts, repayment totals, interest amounts, new leads, processing fees,
closed loans, and average interest rates. For visual representation, the dashboard features
charts showcasing trends such as loan requests over the last three months, principal versus
interest analysis, paid versus unpaid installments, stage-wise loan status overview, loan volume
categorized by loan type, top partners based on loan amounts, and installment statuses.
Additionally, the dashboard includes data tables for detailed views of upcoming installments and
overdue payments, making it a powerful tool for monitoring and optimizing loan operations
effectively.
Features
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Loan Management
Streamlined process for handling loan applications, approvals, disbursements, and repayments.
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Lead Management
Ensures secure login and access for verified delivery personnel only. Ensures secure login and access for verified delivery personnel only.
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Loan Categories
Create tailored loan types to meet specific business or customer needs.
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Borrower Profiles
Maintain detailed borrower information, including eligibility criteria and loan verification documents.
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Installment Management
Set up reminders for loan installments and track repayments efficiently.
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Seamless Integration with Accounting
Generate real-time journal entries for each loan installment and sync financial data effortlessly.
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Interest Certificate Generation
Create PDF certificates for interest details.
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Loan Agreement and Notice Templates
Predefined templates for quick and consistent documentation.
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Penalty Calculation with Grace Period
Set a penalty rate and grace period for late installments. Overdue payments accrue penalties, which can be invoiced for the borrower to pay.
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Grace Period on Loan Repayments
Define a repayment grace period: pay only interest, pay nothing, or resume normal repayments after the period ends.
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Structured Workflow
Manage loans through defined stages: draft, confirm, approve, disburse, open, and close.
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Automated Notifications
Send alerts to managers and borrowers for upcoming installments and overdue payments.
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Advanced Dashboard
Includes filters, counters, charts, and data tables for enhanced loan analysis.
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Robust Reporting
Generate reports like installment summaries, collection reports, and interest certificates in PDF format.
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Digital Signature Support
Borrowers can digitally sign agreements and notices directly through the portal.
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Portal Access for Borrowers
Borrowers can view their loan details, agreements, notices, and installment schedules in a secure online environment.
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Processing Fee Invoicing
Automate the generation of invoices for processing fees.
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Data-Driven Decision-Making
Utilize dashboards and reports for comprehensive insights into loan performance.
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Flexible Loan & Installment Scheduling
Configure flexible loan schedules by setting loan duration, installment frequency, and start date for accurate repayment planning.
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Postpone Installments
Postpone loan installments by days, weeks, or months, allowing flexible rescheduling of payments.
Loan Management WorkFlow
Loan Management Dashboard
Flexible Loan & Installment Scheduling
Provides an option to select the loan duration by week, month, or year.
Provides an option to select installment duration by day, week, month, quarter, semiannual, or annual period.
Installments are created according to loan duration, installment duration, and start date.
For a loan with a duration of 1 week, an installment frequency of 1 day, and a start date of September 1, a total of 7 installments are created, starting from September 1.
Grace Period on Loan Repayments
Configure a grace period for loan type's on principal or principal + interest.
When creating a loan request, the grace period is applied based on the selected loan type.
If the grace period is applied to the principal amount, the borrower is not required to pay the principal during the grace period and only pays the interest. After the grace period ends, both principal and interest must be paid.
If the grace period is applied to both principal and interest, the borrower is not required to make any payments during the grace period. After the grace period ends, both principal and interest must be paid.
Penalty Calculation with Grace Period
Configure penalty rate , penalty grace days , penalty product in loan type
When creating a loan request, the penalty rate and grace days for penalty are applied.
Based on the grace days and penalty rate, the penalty amount is calculated, and the borrower must pay the penalty first.
If the installment date is August 26 and the current date is August 29, with a penalty grace period of 2 days, the borrower must pay the penalty amount. The penalty is calculated based on the penalty rate, principal amount, and the number of days past the grace period.
If the borrower tries to pay an installment before paying the penalty, a warning is displayed.
If the borrower attempts to pay a later installment before clearing previous unpaid installments, a warning is displayed.
After paying the penalty, the user can view the penalty invoice and payment details.
Postpone Installments
Borrowers have the option to postpone their loan installments.
Installments can be postponed by a specified number of days, weeks, or months, depending on the installment duration.
If an installment scheduled for the 1st of every month is postponed by one day, the new installment date is updated to the 2nd of every month in the installment schedule.
After postponing an installment, the changes can be viewed in a separate tab.
For example, if an installment was scheduled for September 1 and is postponed by one day, the new date of September 2 will apply to all subsequent installments in the schedule.
Updated installment structure after postponing an installment by 1 day.
Create Loan Proof
Create Borrower Category
Create Eligibility Criteria
Create Loan Type
Create checklist
Create Installment Reminder Before Days
Create Agreement Type
Create Notice Type
Create Terms & Notice Template
Create Borrower
Create Loan Request And Choose Loan And Calculate Installment
Add Loan Proof Document
Load required Document Template
Click On Confirm Button
Document validation Error
Document 100% Confirm And Click Button Confirm
Send Mail Manager and View Loan button To request Show
Click Genearete Agreement Button
Agreement Wizard
Click Agreement Smart Button
Show Agreement
Send Mail Borrower
Loan Agreement Report
Click Generate Notice Button
Open Notice Wizard
Click on Notice Smart Button
Click on Send Mail Button
Send Mail Borrower
Manager Click On Approve Button
Add Processing Fees
Click On Create Processing fees Invoice button
Click On Invoice Smart Button
Show Invoice For Processing Fees
Click On Disburse Loan Button
Click on button Open Loan
Loan Move in Open State and Show Installment Pay button
Add Advance Payment Button Features
Open Advance Payment Wizard And Fill detail And Click on Add Payment Button
Click on Pay Button
Payment Status is a Paid
Installment Pay , So Click On pay Button
Open wizard And show Installment Detail , Click On Pay Button
Payment is Done And generate Journal Entry So ,Click On View Entries button
Show A Journal Entry For Paid installment
Loan Request Rejected Menu Click
Show Reject Loan Request
Outstanding Letter Print
Outstanding report
Reporting Menu => Installment Summary Wizard => Click On Print Pdf Button
Installment Summary Report
Reporting Menu => Installment Summary Wizard => Click On On Screen Button
On Screen View
Reporting Menu => Interest Certificate Wizard => Click On Print Button
Show Interest Certificate Report
Reporting Menu => Loan Collection Wizard => Click On Print Button
Show Loan Collaction Report
Reporting Menu => Loan Account Summary Wizard => Customer Select All, And Select Status ,Click on Loan Account Summary Button.
Customer Select Select Customer And Staus Select
Create Loan Account Summary
Borrower Login Portal | Show Menu Loan , Loan Notice, Loan Agreement
Portal Side Borrower Loan View
Portal Side Borrower Loan Notice View
Portal Side Borrower Loan Agreement View | Click on Sign & Accept Button
Open Confirm Authentication Popup | Borrower Sign | Click On Accept & Sign
Show Agreemmet Detail in add Borrower Sign
Loan Type In website in Active Button On
Show Home Loan in Loan Reuest Menu | Click on Home Loan
OPen A new page For About Loan Type And Enquire Loan Request Form Add Details And Click On Submit Button
Show Thank you PAge Reuest has been Create Successfully
Show This Reuest In Inquiry menu
Load Request Detail And Convert to Opportunity Button Click
Click On Crate Loan Request Button
Click on Loan Request Smart Button
Request Are Created
Version 1.0 | Released on : 20th November 2024
Version 1.0 | Released on : 25th September 2024
Version 1.0 | Released on : 31st August 2024
Version 1.0 | Released on : 17th July 2024
Version 1.0 | Released on : 3rd October 2023
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Is this app compatible with Odoo Enterprise?
- Yes, our app works with Odoo Enterprise as well as Community.
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If need of customization in this app, How can i contact ?
- Please contact us on odoo@devintellecs.com
-
Do i get free support?
- Yes, you will get free support for 90days.
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Do i get free updates?
- Yes, you will get free updates for lifetime.
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Do i have to buy this module for each version ?
- Yes, you have to buy this module for each version.
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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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