Employee Loan & Salary Advance Management is a build-to-order Odoo module that ECOSIRE designs, builds, installs, and supports for your HR and finance teams — it is not an off-the-shelf apps.odoo.com download. After purchase, our Odoo engineers scope your loan policies, build the module against your database, and deploy it to your Odoo 17, 18, or 19 instance within a typical 2–4 week lead time.

The module gives you a governed end-to-end workflow for staff financing. Employees request a loan or a salary advance from the HR portal or backend; requests route through a configurable multi-level approval chain (line manager, HR, finance) before disbursement; and once approved, installments are deducted automatically inside the payslip so you never chase repayments by hand. Every loan carries a live outstanding balance, an installment schedule, and a full audit trail.

Under the hood it is a proper Odoo application, not a spreadsheet bolted onto HR. New models (extending models.Model) hold loan types, loan requests, and installment lines, with computed fields — outstanding balance, next-due amount, total interest — kept in sync via @api.depends compute methods. Salary rules are added to the payroll structure so approved installments flow into each payslip as a deduction line and post to the correct accounts. Access is locked down with ir.model.access.csv plus record rules so an employee sees only their own loans while HR and finance see the full picture. Approvals, disbursement, and closure move through a clean state machine surfaced in list, form, and kanban views (XML/OWL), and QWeb reports produce printable loan agreements and repayment statements.

Because we build it to your rules — interest method, maximum advance as a percentage of net salary, eligibility by contract or tenure, deduction caps — you get exactly the policy your organization runs, with no unused bloat. The module works on Odoo Community and Enterprise, and integrates with your existing Payroll, Accounting, and Contacts data. Automated actions can send reminders and auto-close fully repaid loans, and everything is reachable over Odoo's XML-RPC / JSON-RPC API if you want to connect a self-service app or external HR system. You receive the source code, so you are never locked in.