Yes, please. On Fri, Apr 17, 2020 at 9:51 AM Saransh Sharma <sara...@muellners.com> wrote:
> You want I can show you a working sample? > > On Fri, 17 Apr 2020, 19:02 Vinayak Javaly, <vina...@urgent.vc> wrote: > >> 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> >>>>>>> >>>>>>>
