<a class="reference external image-reference" href="http://www.gnu.org/licenses/agpl-3.0-standalone.html"><img alt="License: AGPL-3" src="https://img.shields.io/badge/licence-AGPL--3-blue.svg"> </a> <a name="employee-loan-management"></a> <h2>Employee Loan Management</h2> <p>This module add functionality to:</p> <ol class="arabic simple"> <li>Manage employee loan request</li> <li>Calculate loan repayment schedule</li> <li>Track employee loan disburstment</li> <li>Track employee loan repayment</li> </ol> <p><strong>Loan Disburstment</strong></p> <p>Disbursement is the act of paying out or disbursing money, such as money paid out to run a business, cash expenditures, dividend payments, and/or the amounts that a lawyer might have to pay out on a person's behalf in connection with a transaction.</p> <p><a class="reference external" href="http://www.investopedia.com/terms/d/disbursement.asp">http://www.investopedia.com/terms/d/disbursement.asp</a></p> <p><strong>Loan Principle Amount</strong></p> <p>The amount of debt, exclusive of interest, remaining on a loan.</p> <p><a class="reference external" href="http://www.ucop.edu/loan-programs/resources/loan-terminology-glossary.html">http://www.ucop.edu/loan-programs/resources/loan-terminology-glossary.html</a></p> <p><strong>Loan Repayment Schedule</strong></p> <p>Detailed outline of a borrower's loan agreement with a lender that shows the original loan amount, when payments are due, and how much of the payment goes to the principal and interest repayment. This statement may be provided on a monthly basis or may be issued when the loan is originally acquired.</p> <p><a class="reference external" href="http://www.investorwords.com/8680/repayment_schedule.html">http://www.investorwords.com/8680/repayment_schedule.html</a></p> <p><strong>Loan Repayment</strong></p> <p>Repayment is the act of paying back money previously borrowed from a lender</p> <p><a class="reference external" href="http://www.investopedia.com/terms/r/repayment.asp">http://www.investopedia.com/terms/r/repayment.asp</a></p> <a name="installation"></a> <h3>Installation</h3> <p>To install this module, you need to:</p> <ol class="arabic simple"> <li>Clone the branch 8.0 of the repository <a class="reference external" href="https://github.com/OCA/hr">https://github.com/OCA/hr</a></li> <li>Add the path to this repository in your configuration (addons-path)</li> <li>Update the module list</li> <li>Go to menu <em>Setting -&gt; Modules -&gt; Local Modules</em></li> <li>Search For <em>Employee Loan Management</em></li> <li>Install the module</li> </ol> <a name="configuration"></a> <h3>Configuration</h3> <p><strong>Employee Loan Type</strong></p> <p>To configure employee loan type, you need to:</p> <ol class="arabic simple"> <li>Go to menu <em>Human Resource -&gt; Configuration -&gt; Employee Loan -&gt; Employee Loan Type</em></li> <li>Create new employee loan type</li> </ol> <a name="usage"></a> <h3>Usage</h3> <a name="create-employee-loan-request"></a> <h4>Create Employee Loan Request</h4> <ol class="arabic simple"> <li>Go to menu <em>Human Resources -&gt; Employee Loan -&gt; My Loan</em></li> <li>Create employee loan</li> <li>Click <em>Confirm</em> button to confirm employee loan request</li> </ol> <a name="approve-employee-loan-request"></a> <h4>Approve Employee Loan Request</h4> <ol class="arabic simple"> <li>Go to menu <em>Human Resources -&gt; Employee Loan -&gt; My Loan</em></li> <li>Open employee loan data with <em>Waiting for Approval</em> status</li> <li>Click <em>Approve</em> button</li> </ol> <p>Odoo will create journal entry with bellow configuration:</p> <dl class="docutils"> <dt>Loan Principle Receivable Dr.</dt> <dd>Loan Realization Cr.</dd> </dl> <p>Note: <em>Loan principle receivable</em> will be generated as much as number of payment schedule</p> <a name="employee-loan-disburstment"></a> <h4>Employee Loan Disburstment</h4> <p>Employee loan can be realized by reconcile <em>Loan Realization Move Line</em> created from step above. You can reconcile them by using any accounting method provided by Odoo, such as: (1) bank statement, (2) voucher, or (3) manualy creating journal entry and reconciliation.</p> <a name="employee-loan-principle-repayment"></a> <h4>Employee Loan Principle Repayment</h4> <p>Employee loan's principle can be paid by reconcile <em>Principle Receivable Move Line</em> created from approval steap above. You can reconcile them by using any accounting method provided by Odoo, such as: (1) bank statement, (2) voucher, or (3) manualy creating journal entry and reconciliation.</p> <a name="employee-loan-interest-realization"></a> <h4>Employee Loan Interest Realization</h4> <p>Through <em>Employee Loan</em> menu:</p> <ol class="arabic simple"> <li>Go to menu <em>Human Resources -&gt; Employee Loan -&gt; Employee Loan</em></li> <li>Look through loan repayment schedule table</li> <li>Click <em>Realize Interest</em> button for each interest schedule that need to be realized</li> <li>Select <em>Realization Date</em> on <em>Realize Interest</em> form wizard</li> <li>Click <em>Realize</em> button</li> </ol> <p>Through <em>Repayment Schedule</em> menu:</p> <ol class="arabic simple"> <li>Go to menu <em>Human Resources -&gt; Employee Loan -&gt; Repayment Schedule</em></li> <li>Activate <em>Active Loan</em> filter</li> <li>Open repayment schedule that need to be realized</li> <li>Click <em>Realize Interest</em> button</li> </ol> <p>Through <em>Repayment Schedule</em> menu, using context action:</p> <ol class="arabic simple"> <li>Go to menu <em>Human Resources -&gt; Employee Loan -&gt; Repayment Schedule</em></li> <li>Activate <em>Active Loan</em> filter</li> <li>Select repayment schedule that need to be realized</li> <li>Click <em>More</em> button</li> <li>Click <em>Realize Interest</em> button</li> </ol> <p>Odoo will create journal entry with bellow configuration:</p> <dl class="docutils"> <dt>Loan Interest Receivable Dr.</dt> <dd>Interest Income Cr.</dd> </dl> <a name="employee-loan-interest-repayment"></a> <h4>Employee Loan Interest Repayment</h4> <p>Employee loan's interest can be paid by reconcile <em>Principle Receivable Move Line</em> created from approval steap above. You can reconcile them by using any accounting method provided by Odoo, such as: (1) bank statement, (2) voucher, or (3) manualy creating journal entry and reconciliation.</p> <a name="delete-loan"></a> <h4>Delete Loan</h4> <p>You can only delete loan data, if:</p> <ol class="arabic simple"> <li>State equal to <em>cancel</em>, and</li> <li>No loan number assigned</li> </ol> <p>Note for administrator: Unlink policy could be override by using <em>force_unlink</em> context</p> <a class="reference external image-reference" href="https://runbot.odoo-community.org/runbot/116/8.0"><img alt="Try me on Runbot" src="https://odoo-community.org/website/image/ir.attachment/5784_f2813bd/datas" /></a> <a name="known-issues-roadmap"></a> <h3>Known issues / Roadmap</h3> <ol class="arabic simple"> <li>Mechanism for set to draft or manage loan revision will be handled on other module</li> <li>No support for multi-currency</li> <li>No direct integration to payslip. Loan repayment has to be done via accounting reconciliation.</li> </ol> <a name="bug-tracker"></a> <h3>Bug Tracker</h3> <p>Bugs are tracked on <a class="reference external" href="https://github.com/OCA/hr/issues">GitHub Issues</a>. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.</p> <a name="credits"></a> <h3>Credits</h3> <a name="images"></a> <h4>Images</h4> <ul class="simple"> <li>Odoo Community Association: <a class="reference external" href="https://github.com/OCA/maintainer-tools/blob/master/template/module/static/description/icon.svg">Icon</a>.</li> </ul> <a name="contributors"></a> <h4>Contributors</h4> <ul class="simple"> <li>Andhitia Rama &lt;<a class="reference external" href="mailto:andhitia.r&#64;gmail.com">andhitia.r&#64;gmail.com</a>&gt;</li> </ul> <a name="maintainer"></a> <h4>Maintainer</h4> <a class="reference external image-reference" href="https://odoo-community.org"><img alt="Odoo Community Association" src="https://odoo-community.org/logo.png" /></a> <p>This module is maintained by the OCA.</p> <p>OCA, or the Odoo Community Association, is a nonprofit organization whose mission is to support the collaborative development of Odoo features and promote its widespread use.</p> <p>To contribute to this module, please visit <a class="reference external" href="https://odoo-community.org">https://odoo-community.org</a>.</p>