Thanks, I'll try that. On Fri, Apr 17, 2020 at 9:17 AM Saransh Sharma <sara...@muellners.com> wrote:
> To be able to see the missed payment and late fee applied make a loan with > previous dates and you can run the scheduler for them and you can see > those, the charges needs to be defined. > > On Fri, 17 Apr 2020, 18:47 Saransh Sharma, <sara...@muellners.com> wrote: > >> In the screen shot you see accrual that is posted by system and is a part >> of the entry. >> >> On Fri, 17 Apr 2020, 17:59 Vinayak Javaly, <vina...@urgent.vc> wrote: >> >>> Hi Bharath. I'm still learning how to use Fineract, so apologies in >>> advance for my newbie questions. >>> >>> I've created a chart of accounts, loan products with cash accounting. >>> The *Add Accrual Transactions* and *Add Periodic Accrual Transactions* >>> scheduler >>> jobs are enabled and are running (their View History shows Success for >>> every day). In order to see the periodic accounting transactions posted, >>> I've created a few loans with daily repayments. But I don't think I've set >>> everything up correctly. I've attached the appropriate screenshots below. >>> >>> >>> [image: Screen Shot 2020-04-17 at 8.22.40 AM.png] >>> >>> [image: Screen Shot 2020-04-17 at 8.23.53 AM.png] >>> Where should I be able to see a missed payment? and the late fee >>> applied? >>> >>> Please advise. >>> >>> Thanks, >>> Vinayak >>> >>> >>> On Wed, Apr 15, 2020 at 2:36 AM Bharath Gowda <bgo...@mifos.org> wrote: >>> >>>> Hello Vinayak, >>>> >>>> Prerequisite is to create a loan product with Accrual Accounting >>>> Enabled from the user end, whereafter Mifos Scheduler jobs will take care >>>> of Accrual postings. >>>> >>>> Following two jobs are responsible for accrual transactions >>>> >>>> *1. Add Accrual Transactions* >>>> - All the interest will be accrued till the 'Due date' of the job run >>>> and can be viewed under 'Transactions' tab, it is scheduled to run every >>>> day. >>>> >>>> *2.Add Periodic Accrual Transactions* >>>> *-*Similar to 'Add Accrual Transactions' except that all the interest >>>> will be accrued till the current date i.e the Job run date and time. >>>> This job can be configured to run weekly/ monthly or yearly based on >>>> the organization needs. >>>> >>>> >>>> In case if you had a late payment fee attached to the loan, same jobs >>>> will post the fees portion as well along with the interest. >>>> >>>> You can go through the following document to understand more on our >>>> scheduler jobs and its functionality >>>> >>>> https://mifosforge.jira.com/wiki/spaces/docs/pages/67895356/Manage+Scheduler+Jobs >>>> >>>> >>>> >>>> Please Let me know if you need any more information. >>>> >>>> Regards, >>>> Bharath >>>> Lead Implementation Analyst | Mifos Initiative >>>> Skype: live:cbharath4| Mobile: +91.7019636073 >>>> http://mifos.org <http://facebook.com/mifos> >>>> <http://www.twitter.com/mifos> >>>> >>>> >>>> On Wed, Apr 15, 2020 at 3:32 AM Ed Cable <edca...@mifos.org> wrote: >>>> >>>>> Hello Vinayak, >>>>> >>>>> Welcome to the community. I've cc'd my colleague, @Bharath Gowda >>>>> <bgo...@mifos.org> , who will be able to help you at a more technical >>>>> level but have you checked the status of the scheduler jobs: the ones for >>>>> the accrual should be running on a daily basis. >>>>> >>>>> You can view status of the respective jobs and manually execute them >>>>> from the Scheduler Jobs section under Admin >> System. >>>>> >>>>> You can read more here: >>>>> https://docs.mifos.org/user-manual/for-administrators-mifos-x-platform/administration/system/manage-scheduler-jobs >>>>> >>>>> Ed >>>>> >>>>> On Tue, Apr 14, 2020 at 2:00 PM Vinayak Javaly <vina...@urgent.vc> >>>>> wrote: >>>>> >>>>>> Hello. I just joined this mailing list. Apologies in advance if >>>>>> this question has already been answered, but I could not find it in the >>>>>> archives. >>>>>> >>>>>> First, here's some background: I have setup Fineract and the Mifos X >>>>>> client in my development environment. Using the Mifos UI, I have created >>>>>> Organizations, Loan Products, and other related entities. Using >>>>>> PyFineract >>>>>> / Fineract API, I have created Loans, etc. >>>>>> >>>>>> My question is: >>>>>> >>>>>> - What do I need to do or run to get the >>>>>> daily/weekly/monthly/periodic accounting to occur? For example, let's >>>>>> assume I create a loan with weekly repayments, and after a week has >>>>>> passed >>>>>> there are no repayments, what part of the system calculates late fees, >>>>>> interest, etc? >>>>>> >>>>>> Thanks. >>>>>> >>>>>> VJ >>>>>> >>>>> >>>>> >>>>> -- >>>>> *Ed Cable* >>>>> President/CEO, Mifos Initiative >>>>> edca...@mifos.org | Skype: edcable | Mobile: +1.484.477.8649 >>>>> >>>>> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org >>>>> <http://facebook.com/mifos> <http://www.twitter.com/mifos> >>>>> >>>>>
