Odoo Implementation
HR Loan Account Management | HR Account | Loan | Loan Account
by Technoverse Systems http://www.technoversesystems.com/
Odoo
$ 71.22
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Community Apps Dependencies | Show |
| Lines of code | 2044 |
| Technical Name |
ts_hr_loan_account |
| License | LGPL-3 |
| Website | http://www.technoversesystems.com/ |
| Versions | 17.0 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Community Apps Dependencies | Show |
| Lines of code | 2044 |
| Technical Name |
ts_hr_loan_account |
| License | LGPL-3 |
| Website | http://www.technoversesystems.com/ |
| Versions | 17.0 18.0 19.0 |
HR Loan Account Management
HR Loan Account adds a clean, accounting-ready workflow to manage employee loans in Odoo. You set company-wide defaults, configure loan types with posting rules and limits, approve loans (with optional double approval), track installments and balances, link repayments to invoices, and close loans with a clear settlement wizard—all mapped to the right accounts and journals.
Key Features
Fully Integrated with Odoo Accounting
The core of the module. Every step—disbursement, monthly installments, and final settlement—automatically posts the correct journal entries to the designated accounts, eliminating manual accounting work.
Configurable Loan Types
Create multiple loan categories (e.g., Personal Loan, Vehicle Loan, Home Advance) and assign unique interest rates, approval limits, and specific debit/credit accounts for each type.
Automated Payroll Integration
The most powerful feature. Once a loan is approved, the system can automatically add the monthly installment as a deduction line on the employee's payslip until the loan is fully paid.
Multi-Level Approval Workflow
Ensure proper oversight by setting up a validation process. For instance, a loan request can require approval from the employee's Manager first, followed by a final approval from the HR or Accounts department.
Clear Employee Loan Dashboard
Both HR managers and employees get a clear view of the loan status. Track the total loan amount, total paid, outstanding balance, and a detailed schedule of all past and future installments.
Easy Disbursement and Settlement
A simple wizard allows you to process the initial loan disbursement to the employee. Once all payments are complete, another wizard helps you formally close the loan, ensuring the books are balanced.
Employees > Settings — HR Loan defaults: choose the Default Loan Asset Account, set the Default Loan Journal, and select the Default Partner Account Type (None/Receivable/Payable/Custom)
Loan Type: set Account, Loan Journal, Max Amount; Approval; choose Partner Account Type (None/Receivable/Payable/Custom).
the closing Date, see the Balance Amount, and review installments to be auto‑completed (Label, Date, Amount, Status).
choose the loan ID (LOAN/xxxxx) for which this invoice is issued.
FAQ
Release 1.0.1.0.0
1 December, 2021
Add
- Initial Commit
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