Loan & Advance Tracking
2 min read — Updated February 2026
Recording a Loan or Advance
Go to an employee's profile and click "Loans & Advances". Click "New Loan" and enter the amount, date, and agreed monthly repayment amount. The system creates a balance that gets tracked over time.
Automatic Deductions on Payslips
When you generate a payslip for an employee with an active loan, the loan appears in the deductions section. The agreed repayment amount is pre-filled but can be adjusted per payslip. The remaining balance updates automatically after each payslip.
You can have multiple active loans for the same employee. Each is tracked separately.
Viewing Loan History
The Loans page shows all loans across all employees — active balances, total amounts, and repayment history. Each loan has a detailed timeline showing every deduction made against it.
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