Improve Mifos Accounting Integration - Accounting Bridge (Molly or in Mifos)
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Key: MIFOS-5306
URL: http://mifosforge.jira.com/browse/MIFOS-5306
Project: mifos
Issue Type: New Feature
Components: Accounting & Cash Management
Reporter: Ed Cable
Based on the accounting team meeting on Dec 6, community decided a more
sophisticated accounting bridge was needed. At deeper level, need flexibilities
around chart of accounts and mapping of transactions because accounting needs
to be rewritten completely in Mifos. We are long overdue for omething to
"convert" Mifos entries into "generally accepted" accounting entries to
facilitate integration faster. Community is deciding between integrating with
Molly bridge or building one directly in Mifos.
Pros/Cons of each Approach:
Molly Integration Approach: continue supporting integration with Molly and at
some point port over technology from Ruby to Java
* Pro's: leverage active community members in finishing out the hard part -
functional and business domain knowledge that bridge must support, solution is
already part of the way there.
* Con's: licensing issues, relying on external community, separate technology
stack - too many separate solutions for an MFI, contrasting look and feel.
Build Directly in Mifos
* Pro's: Same solution, same technology stack, no reliance on external community
* Con's: too many technical limitations in Mifos - would require completing the
re-architecture because Mifos doesn' support proper chart of accouns,
classification of GL transactions - LOE much higher than Molly approach
** No active Mifos community members working on this.
Work that must be done to integrate with Molly:
1) User definable accounting structure and COA
2) Mapping of Mifos COA with the Molly COA
3) Transaction mapping supporting multiple dr/cr and possibly with formula
based rules
4) Same look as Mifos
5) Port over to same tech stack (Ruby to Java)
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