OpenHRMS Loan Management
Manage Loan Request of Employees
Manage Loan Request of Employees
Enable the option "Loan Approval From Accounting Department" In accounting settings
Add the deduction rule for loan in Salary Structure.
Employee can create loan request
Once the HR department has given the Approval, the accounts department take the decision.
When we create the payslip, all the pending installments of the month will be listed there.
When we check the Loan request again, the deducted installments will be changed to paid.
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