A vale is a cash advance given to an employee against their future salary. Sweldo tracks the outstanding balance and automatically deducts a fixed amount from the employee's net pay each payroll run until it's fully repaid.
Go to the Vale tab and click + New Vale.
Select the employee and enter the total amount advanced (e.g., โฑ2,000).
Set the per-cutoff deduction โ the amount to deduct from the employee's net pay each pay period (e.g., โฑ500 per cutoff = 4 cutoffs to repay โฑ2,000).
Add an optional reason (e.g., "Medical emergency", "Advance for 13th month"). Click Save.
Each time you run payroll, the system checks if the employee has any active vale records with a remaining balance greater than zero. The per-cutoff deduction amount is applied:
Once remaining_balance reaches โฑ0 the vale is fully repaid and no further deductions are made.
If the deduction would exceed the remaining balance (e.g., โฑ300 deduction but only โฑ150 left), only the remaining
amount is deducted โ the employee will never overpay.
You can edit the per-cutoff deduction amount at any time โ for example, if the employee can pay more one period or needs a smaller deduction due to a short paycheck. You can also manually zero out the remaining balance if the employee repaid the rest in cash outside of payroll.