Salary advances and staff loans, repaid through payroll
Many employers give staff a salary advance before payday and keep track of it in a notebook. Times records each advance against the employee and repays it through payroll, so nothing is forgotten and nothing is taken twice.
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Each runLoans, advances & deductions
Advances that pay themselves back.
No more loans kept in a notebook. Staff ask in the app, a manager approves, and each pay run takes the next instalment.
- Ask from the phone
Choose an advance on the next pay run, or repay over 2, 3 or 6 runs. Each person can have one open loan at a time.
- A balance everyone can see
The amount repaid, what is still owing and the next instalment show on both the employee's screen and the manager's.
- Reversals that add up
Repayments post when a run is finalised. If a run is reversed, its repayments are reversed with it, and the loan never grows by mistake.
- Pay so far, kept private
The Hours tab estimates what the employee has earned this period from approved hours. Amounts stay hidden until they tap the eye, and hide again after 20 seconds.
How it works: the employee asks from their own phone and chooses to repay the advance on the next pay run, or over 2, 3 or 6 runs. A manager approves it, and the repayments are taken in each pay run and shown on the payslip.
Safeguards: each person can have one open loan at a time, and if a pay run is reversed its repayments are reversed with it, so a loan never grows by mistake. When a pay run is finalised, loan repayments post together with leave accruals.
An advance is recorded against the employee so the outstanding amount can be followed over time. The original Times page shows the advance request, approval and repayment information together with the employee’s wider work record.
When payroll is enabled, repayments can be included in the pay run and reflected in payslip calculations. Managers can review what remains due and keep adjustments tied to the employee account instead of relying on a separate notebook or spreadsheet.