The 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.
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
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
Employee Loan Repayment Installment with HR Payroll
App for Employee Loan Integration HR Payroll
Only for Enterprise Edition Compatible
This app allow you to integrate employee payroll with employee loan management.
Main Features:
- Repayment of loan and disbursement of loan using employee payroll integrated with HR payroll module of standard enterprise.
- For more details about employee loan management you can click here
- For more details please watch the video and check below screenshots.
Loan Request Form View (hr_employee_loan)
Loan Installments List View
Loan Installments Form View
Employee Payslip To Pay Form View Showing Installment and Intererst Lines as Payslip Lines
Loan Installments Form View (You will have to manually select payslip line for installment and interest) - And once you select it will automatically pay that installment. So your team has to select the payslip line here manually.
Loan Types Form View Showing Payroll Option for Repayment and Disburse Method
Salary Rule Form View for Installment[Note: Below Salary Rule will be created automatically when your database is created using demo data option, otherwise you have to manually create in your database by referring below screenshot.]
Salary Rule Form View for Intererst [Note: Below Salary Rule will be created automatically when your database is created using demo data option, otherwise you have to manually create in your database by referring below screenshot.]
