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Employee Loan Management | HR Loan Process Employee

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Required Apps Accounting (account_accountant)
Invoicing (account)
Payroll (hr_payroll)
Discuss (mail)
Employee Contracts (hr_contract)
Employees (hr)
Technical Name dev_hr_loan
License OPL-1
Also available in version 17.0 16.0 15.0 14.0
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Technical Name dev_hr_loan
License OPL-1
Also available in version v 17.0 v 16.0 v 15.0 v 14.0

Introduction

The Employee Loan Management module provides a streamlined approach for managing employee loans within Odoo. It enables HR and finance teams to receive loan requests from employees, conduct approval processes, configure distinct loan types and policies, and track repayment installments. Whether through payroll deduction or direct payment, this module ensures transparency, automation, and accuracy in the entire loan handling cycle.

Key Features

  • Employees can submit loan requests with customizable loan types and policy parameters (e.g., maximum amounts, interest rates)

  • Support for multi-level approval workflows involving managers and HR/finance

  • Configurable repayment schedules and installment tracking over defined tenures

  • Integration with payroll for automatic deduction of installments or support for cash/bank repayment methods

  • Detailed dashboard for monitoring loan requests, approved disbursements, pending installments, and overall repayment status

  • Access control ensures only authorized users (e.g., HR managers, department heads) can manage and approve loan workflows

Benefits

  • Standardizes loan processes with clear approval, disbursement, and repayment stages

  • Reduces manual intervention by automating repayments via payroll or direct payment options

  • Enhances transparency by tracking loan statuses and installment history in real time

  • Improves financial accuracy with structured schedule and repayment validation

  • Supports compliance and audit needs with centralized loan documentation and reporting

Compatibility & Technical Details

  • Technical Name: dev_hr_loan

  • Integrates seamlessly with Odoo’s HR and payroll modules for full workflow automation

  • Requires configuration of loan types, payout rules, and repayment policies within HR settings

  • Install by placing the module in the custom addons directory, updating the addons path, restarting Odoo, and installing via the Apps interface

  • Distributed under the proprietary Odoo license

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.