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Employee Loan Management with Payroll

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Required Apps Payroll (hr_payroll)
Employee Contracts (hr_contract)
Employees (hr)
Invoicing (account)
Discuss (mail)
Community Apps Dependencies hr_employee_loan
Technical Name employee_loan_payroll_enterprise
License OPL-1
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Technical Name employee_loan_payroll_enterprise
License OPL-1

Introduction

The Employee Loan Management with Payroll module enhances HR and payroll operations by integrating loan disbursement and repayment directly into the payroll system. This allows HR and finance teams to process employee loan requests and collect repayments automatically via payslips. The streamlined setup improves repayment accuracy, enhances financial transparency, and reduces manual intervention in loan processing.

Key Features

  • Enable automatic loan disbursement via payroll during the payslip generation process

  • Integrate loan installment deductions seamlessly into salary rules

  • Support manual selection of payslip line items for specific installments and interest components

  • Configure distinct salary rules for loan installments and interest charges

  • Automatically generate repayment entries as part of the payroll workflow

Benefits

  • Simplifies loan repayment by embedding it within the regular payroll cycle

  • Reduces errors by automating installment deductions through salary rules

  • Streamlines HR and finance workflows with unified loan and payroll management

  • Enhances transparency by tracking repayments and interest directly in payslip items

  • Eases financial reconciliation with clear accounting of loan-related payroll entries

Compatibility & Technical Details

  • Technical Name: employee_loan_payroll_enterprise

  • Edition Compatibility: Designed for integration with the Enterprise edition of Odoo, supporting Odoo.sh deployments

  • Dependencies: Requires employee loan management and payroll modules for full functionality.

  • License: Distributed under the LGPL-3 open-source license

  • Installation Steps: Place the module into your custom addons directory, update your configuration's addons path, restart Odoo, and install it via the applications interface

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.