Vale (Cash Advance) Pro / Solo

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.

๐Ÿ’ณ Screenshot: Vale tab โ€” cash advance list with remaining balance and per-cutoff deduction

Recording a vale

1

Go to the Vale tab and click + New Vale.

2

Select the employee and enter the total amount advanced (e.g., โ‚ฑ2,000).

3

Set the per-cutoff deduction โ€” the amount to deduct from the employee's net pay each pay period (e.g., โ‚ฑ500 per cutoff = 4 cutoffs to repay โ‚ฑ2,000).

4

Add an optional reason (e.g., "Medical emergency", "Advance for 13th month"). Click Save.

How vale deductions work

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:

net_pay = gross_pay โˆ’ statutory_deductions โˆ’ vale_deduction
remaining_balance = remaining_balance โˆ’ per_cutoff_deduction

Once remaining_balance reaches โ‚ฑ0 the vale is fully repaid and no further deductions are made. If the deduction would exceed the remaining balance (e.g., โ‚ฑ300 deduction but only โ‚ฑ150 left), only the remaining amount is deducted โ€” the employee will never overpay.

Adjusting a vale mid-repayment

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.

๐Ÿ’ก
Vale deductions appear on the payslip as a line item labeled "Vale / Cash Advance" with the amount deducted that period and the remaining balance after deduction.