How to Add Employee Loans & Advances?
Note: Design/UI/Button/Terms might change in order to provide a better user experience. Users are suggested to read this article in order to have a basic understanding of the ORGTraq Software.
Step 1- From the left menu bar, go to Human resources> click on employee id, and go to the advances tab.
Step 2- Here add the advance amount taken by the employee and mode of payment done and repayment type that is if it should be deducted at payroll or not.
Step 3- Loan repayments done by employees are automatically seen here. Admin or HR can add amounts repaid. Based on repayment entries, the balance amount will be shown on top.