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Key Highlights
Advance Salary Request
Employee can request for advance salary.
Percentage Limit
Set advance salary percentage limit in salary structure.
Advance Days
Set salary advance days in salary structure.
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Request Salary Advance
Navigate to Request Salary Advance under Loans & Advances in Employee module and create a new Request.
Salary Advance Request Approval
Salary Advance Request should be approved by Hr & Accounts Department
Deduction of Salary Advance
Deduction of salary advance from the salary at the time of payslip creation.
Helps the user to manage salary advance requests from employees.
Ability to configure advance salary rules, limits, minimum days, and provide advances to employees.
FAQ
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Yes, you can configure a percentage limit for salary advances in the salary structure.
Yes, you can define the minimum number of days before an employee can request a salary advance.
Yes, the system can manage and track multiple salary advance requests for different employees.
The system automatically deducts the advance salary from the employee's future payslips based on the configured rules.
Release 18.0.1.0.0
1st October, 2024- Initial Commit
