If Payroll module is configured on your company, you can allow your employees to apply for a Loan and Advance request. To allow your employees for Loan and Advance, login into ESS portal with System User, Open Settings and scroll down to Payroll Settings -> Loan and Advance settings:
Here you will find two buttons:
1. Manage Employee For Advance : Click here and Select Employee whom you wish to allow for an Advance.
2. Manage Employee for Loan : Click here and Select Employee whom you wish to allow for a Loan.
Once Loan or Advance is allowed, Employee can login into his ESS portal and can apply for a Loan or Advance request.
*Apply for Advance*
Go to Self Service Menu -> Payroll Details -> Advance, and click here on 'Apply Advance' button:
On Next window enter Advance Reason, Advance Amount, Required By Date etc details and at last Save the request.
On clicking Save button, Advance request will be mark to Reporting Manager or HR user for approval.
*Apply for Loan*
Go to Self Service Menu -> Payroll Details -> Loans, and click here on 'Apply Loan' button:
On Next window enter Loan Details like Loan Reason, Required Date, Loan Type, Repayment (EMI) Period etc. and after putting a remark Save the details:
On clicking Save button, Loan request will be sent to Reporting Manager or HR user and will show here under pending list:
Once Loan request is approved by Manager or HR, it will be shown under 'Approved' list on same page:
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