How to Apply for Loan Requests by Employees | HR | Odoo Apps Features

Advance HR Employee Loan Management Odoo app is used to apply for loan requests by employees and this module in Odoo allows the HR department to manage the loan of employees. Employees can do the repayment of Loans by Payroll - Integrated with Payroll System Or by Cash/Bank. The HR department can do the configuration of loan proofs, loan type, and loan policy. It also has a feature for the approval process for the loan request and the loan amount will be disbursed accordingly. Employees can also see the generated installment for his/her loan. You can also see the loan dashboard to see different stages of the loan request and it is easy to get an overview of the complete loan process. This Odoo app also provides the EMI Postpone feature also this apps completely integrated with the accounting system so all installation, EMI, loan disburse everything to create a proper accounting journal entry in the system.

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