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https://issues.apache.org/jira/browse/FINERACT-2592?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=18077083#comment-18077083
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James Dailey commented on FINERACT-2592:
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[~edson] thanks for adding your contribution but rescheduling has been part of
the system since the beginning.
If some part of the rescheduling process in either cumulative or progressive
loan modules isn't working, then identifying that bug would be useful.
However, you need to show the expected behavior, then show what is failing
before you conclude that this is a blocker. (I have changed this to Minor
until confirmed.)
It could be that you are correct, but we have people using fineract in
production with rescheduling every second of the day. So, this is an
incomplete analysis. Please start with understanding existing system behavior
and then describe your expectations in highly detailed ways.
We usually start with a spreadsheet for example, and calculate things there
with visuals shared here to explain the concept.
> It does not allow rescheduling.
> -------------------------------
>
> Key: FINERACT-2592
> URL: https://issues.apache.org/jira/browse/FINERACT-2592
> Project: Apache Fineract
> Issue Type: Improvement
> Components: Loan
> Reporter: EDSON
> Priority: Minor
>
> Description
>
> It doesn't allow rescheduling. For example, issues would need to be addressed
> regarding how rescheduling works with loans that have outstanding penalties.
> We have a loan with the first payment due on September 15th and the last on
> August 3rd.
> The client has missed some payments, and it's now December 4th. They owe
> seven installments to date, and penalties have been calculated on the overdue
> payments. We've rescheduled the loan so that the first payment is now due on
> December 22nd. How can we forgive the late fees, or is it possible to
> schedule payments with the outstanding fees and track that separately
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