1. Navigate to Advance/Loan Section
Click the Rupee (₹) icon in the left-hand menu.
Under Payroll, select Advance/Loan.
You’ll see a list of all past advances or loans taken by employees.
2. Add a New Advance/Loan
Click the green + New Advance/Loan button.
3. Enter Advance Details
Employee: Choose the employee's name from the dropdown.
Advance Amount: Enter the total amount of the advance/loan.
Paid Date: Specify the date when the advance was given.
Deduction Schedule:
Select the Pay Period from which deductions should begin.
Enter the monthly deduction amount (auto-deducted each payroll run thereafter).
4. Save & Confirm
Click Save to record the advance/loan.
The system will now automatically deduct the specified amount each pay period until the advance is fully recovered.
For more details, refer to:
SumoPayroll Advance/Loan Guide