Trinidad and Tobago - Employee Loans & Salary Advances
by VedTech Solutions https://www.vedtechsolutions.com$ 1247.00
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Employees (hr)
• Invoicing (account) • Time Off (hr_holidays) • Discuss (mail) • Calendar (calendar) |
| Community Apps Dependencies | Show |
| Lines of code | 8079 |
| Technical Name |
vedtech_tt_loans |
| License | OPL-1 |
| Website | https://www.vedtechsolutions.com |
Trinidad & Tobago — Employee Loans & Salary Advances
Lend to your staff, and let payroll collect
Company loans and salary advances for the Trinidad & Tobago payroll suite — one workflow from the employee's request to the last installment. Employees ask from a My Loans menu, managers approve (with optional two-manager control for large amounts), disbursement posts its journal entry, and every payslip deducts what is due after tax, never below zero net pay.
Requirements — part of the T&T suite
This module requires the Trinidad & Tobago — Payroll
module (vedtech_tt_payroll) and installs it automatically as a dependency
(which in turn installs the T&T Accounting localization), so make sure those base
modules are available in your database.
Pricing note: Odoo Apps may display the combined purchase price for this module and its required dependencies. This loans module is priced at $99; the required Payroll and Accounting modules are priced at $999 and $149.
One lifecycle, both instruments
Loans (multi-period schedules) and salary advances (short-term) share one flow: request, approve, disburse, repay through payroll, done.
Requests & Approvals
- Employees request from the Loans tab on their profile — auto-submitted for approval
- Payroll Managers are notified of every request
- Optional second approval above a configurable amount
- Four-eyes enforced: two different managers, model-level
- Terms freeze once submitted — what is approved is what is disbursed
Payslip Repayment
- Due installments deducted automatically as a net deduction
- PAYE, NIS and Health Surcharge are never affected
- Net-floor: pay never goes negative; shortfalls stay due
- Partially covered installments split to the cent
- Missed installments caught up next period
Accounting Built In
- Disbursement, early-payoff and write-off journal entries
- Configurable loan & write-off accounts, sensible defaults
- Repayments credit the loan receivable via the payroll entry
- Per-loan "handled outside Odoo" mode
Everyone Stays Informed
- Employee notified at approval, disbursement, settlement, write-off and cancellation
- Employee follows the loan's chatter automatically
- Repayment schedule visible read-only in My Loans
Locked-Down Workflow
- States change only through the workflow actions — on every write path
- Money-moving steps are Payroll Manager only
- Schedules always sum exactly to the principal
- Employees see their own loans only
Day-to-Day Tools
- Payroll → Employee Loans management views
- Loans smart button on the employee form
- Pause / resume, early payoff, write-off, cancel
- Multi-company safe: journals and accounts per company
See It In Action
Loans and advances at a glance
The loan file — schedule, entries and audit trail
Repayment on the payslip — after tax, never below zero
Loan accounts & approval threshold in settings
VedTech Solutions
Developed and maintained by VedTech Solutions — vedtechsolutions.com
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Employees (hr)
• Invoicing (account) • Time Off (hr_holidays) • Discuss (mail) • Calendar (calendar) |
| Community Apps Dependencies | Show |
| Lines of code | 8079 |
| Technical Name |
vedtech_tt_loans |
| License | OPL-1 |
| Website | https://www.vedtechsolutions.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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