Advance Loan

91.80   91.80

v 16.0 0
Required Apps base
hr
account
hr_payroll
account_accountant
Technical Name advance_loan_kanak
License OPL-1
Also available in version v 15.0
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Technical Name advance_loan_kanak
License OPL-1
Also available in version v 15.0 v 16.0
Supported Editions
Enterprise
Odoo.sh

Description

The Advance Loan Odoo Add-On developed by Kanak Infosystems LLP.allows the employees of an organization to apply for Loans through payroll with just a few steps. This Module would allow you track the entire process of requesting and then availing the loan. This Module is that the employee can apply for single loans at once.

Key Features

  • Manage Loan records- Helps to register loan request and maintain records
  • Manage installment records - Helps to register installment records.
  • safe and easy to Manage Loan Proofs, Types and Policy.
  • Manage Loan types by Manager.
  • Generate PDF Report Loan installment.
  • User will notify by email for loan status.
  • User can pay all payment in single click.
Configuration:
  •   Go to settings>users>Loan
  •   Set the employee as Employee (Loan) and as in the same manner do it for the Department head Hr manager and Accountant. As you see below image is for the Department head.
  •   Then go to the employee menu and set the manager(department head) coach(hr manager) and accountant.
Now To Apply for a Loan
  •    Loan
  •    Navigate to Loan > Loan Menu > Click on Create
  •    Login with Employee and Fill out the form request either for the student or Home Loan.Fill the Principal Amount Employee apply for and how much duration he wants to pay for that loan.
  •    Fill in the Principal Amount and durations and add the details of the documents applied for the loan.Then click to save and close button for document upload.
  •   The following Request for the Loan Amount is then forwarded to the Department head and the button for the same user to Accept is hidden and the state changes to Approve.and an email is send to department head.
  •   Only applied Employee can watch its loan request.
  •   Now when the department head login can see employees loan request.
  •   Now Department head can accept or reject the request.
  •   When the Department head approves the request, it is directed to the hr manager for approval and state changes to department approval.
  •   Now when Hr Manager is login can see the employee-approved request by the department head and also get email for loan request.
  •   Now Hr Can approve or reject the request.
  •   Also track the activity of the loan status as you can see below the image.
  •   Now the Hr approved request forwarded for accountant .
  •   Now Accounting department approved the request and approved installment request is created.
  •   Total applied installment is shown when you registered it
Now When Employee wants to pay the payment.
  •   Login with Employee>go to loan> Loan menu >loan installment
  •   Now when an Employee login for payment, they can see the button for approving a payment or postponing a payment request.as show in image below.
  •   When Employee Approve payment. then the button for pay shows.
  •   Then Pay the payment and state changes to Paid.
  •   Now Hr manager can see a installment line is created on salary structure as you can see in image below.
  •   A line for deduction is created for installment.
  •   When Employee Apply for postpone the payment.Click on postpone payment Emi
  •   Applied for Postpone status show in the tree view for that Installment
  •   Applied by head department and request forward to Hr manager
  •   Now when Hr can approve the postpone loan request
  •   Approved by Hr and status changes to Hr Approve
  •   When user employee login with, it shows the payment status hr approved
  •   If Employee wants to pay all the amount at single pay then, accountant can disburse the payment
You can see the a invoice is created for the loan payment.
  •   Go to Accounting > invoices>
  •   Track records By email notification send to each person like head department, hr and accountant and employee.
  •   Easy to download installment report.

No, This app is not compatible with odoo Community.

This Module would allow you track the entire process of requesting and then availing the loan.Employee can apply for Single loans at once.

Yes, our app works both with Windows/Ubuntu operating System.

Changelog

Version 16.0.1.0 (30 June 2023)
  • Initial release
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
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