[
https://issues.apache.org/jira/browse/FINERACT-574?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=16287819#comment-16287819
]
andrewDzakpasu commented on FINERACT-574:
-----------------------------------------
[~santoshmath] Hi am perfectly fine with the bookings. The problem i had was
with when these bookings occurred when you create a share account and my view
is consistent with how savings account and loans account work. When you create
a share account it immediately books the purchase to journal entry. The
question is why is this done even though the account is not even approve yet.
Assuming i want to purchase the shares with funds from my savings account that
requires a transfer of funds from my active savings account to the non active
share account. Which is not done anywhere in the system. its like making a
trying to make a repayment to non active loan.
> Issues related to share Account Creation
> ----------------------------------------
>
> Key: FINERACT-574
> URL: https://issues.apache.org/jira/browse/FINERACT-574
> Project: Apache Fineract
> Issue Type: Bug
> Components: Shares
> Reporter: Santosh Math
> Assignee: Santosh Math
> Priority: Critical
> Labels: p1
> Attachments: Screenshot from 2017-12-12 21-05-47.png
>
>
> 1. Create Share Product with Accounting Enabled
> 2. Create a share charge with type 'Share Purchase' ,'Flat' amount $2.
> 3. Create and activate savings account for client which is needed to link
> with share account
> 4. Create a share Account application for current date using above product
> and charge and number of shares issued as 10 , each share price as $0.5.
> > Once you 'Submit' the share application journal entries are created
> > (including charge) even though share account is not yet approved/activated.
> >Approve the share account and again duplicate jounal entries are created.
> >If share account application is attached with 'Share Activation Fee' , upon
> >submission of share account application, if we check 'Transaction Overview'
> >tab, it shows 'Activation Fee' is received even though share account is not
> >activated. Same is updated in the database
> >table,"m_share_account_charge_paid_by". But under the 'Charges' tab, it
> >shows Outstanding(which is correct).
> The all scenarios can be tested here by modifying application and using the
> charges
> 'Share Purchase Fee' or 'Share Activation Fee'
> https://staging.openmf.org/#/viewshareaccount/5
--
This message was sent by Atlassian JIRA
(v6.4.14#64029)
