Employee Advance Salary

 Based on employee's job position you can limit the amount of advance salary. And according to it employee can submit the advance salary request.
 The advance salary request will notify by mail to manager.
 Module allows right to manager, accept or reject particular request with reason.
 Employee can also make skip instalment request for particular month, when he/she don't want to deduct advance salary instalment. Here manager can also accept or reject the request.

Add advance salary rule in company's salary structure.

             

Employee can put advance salary request with details of request amount, Repayment type (Partially or Fully), Repayment start date and description.

If employee select repayment type partially then system ask about payment duration(Number of months).

After filled necessary information employee need to press calculate button. Now system will automatic calculate the deduction amount and equally divide it with number of months.

After every installment paid by employee amount paid will be calculated and amount to pay affected.

Employees -> Advance Salary Request

             

After calculating advance salary details employee can confirm advance salary request.

             

After confirmation, HR Manager will approve or refuse advance salary request.

             

After first approval, Payroll Manager will approve or refuse advance salary request.

             

After second approval, Accounting Manager will generate payment for advance salary request.

             

Current month advance salary Instalment will automatically deducted from employees payslip.

             

Payslip details of instalment will be manage on employee advance salary record. After every instalment system update the amount to pay and amount paid.

             

If employee paid all instalment then system complete his/her advance salary payment and update status as done.

             

In some case employee wants to skip any instalment for particular month then employee can put skip instalment request.                 If HR Manager and Payroll Manager approve this request then system skip the instalment and not deducted amount from salary for the skip instalment requested date of month.