Hi folks
We are planning to fix the loan arrears aging table. Currently the table includes loans in several different states - including Active in Good Standing, Active in Bad Standing, Closed, etc. This table's purpose is to track loans that are in arrears - or "late" as in, loans that haven't been paid pass the lateness definition set in your Mifos installation. We are fixing this table to only include those loans that are considered late - which are all loans Active in Bad Standing. For example, if Mifos has been set to have lateness definition of 5 days, and the last loan installment was missed and it is 3 days overdue, this loan would not be included in the loan arrears aging table calculations. The loan is not considered in arrears until the 6th day, when at that time, Mifos automatically updates the loan to Active in Bad Standing, and it will then be included in the loan arrears aging table. Let us know if there are any questions or concerns around this. Thanks! Kay
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