Thanks Ryan. I had a look at the document at that link and it seems very complex for loans. Does that apply to both flat interest and declining balance interest rate accounts as if we are applying a flat rate wouldn't the rate be the same regardless of how many installments had been paid already? Am I oversimplifying it? Regards Gayl
On 07/07/2010, Ryan Whitney <rwhit...@grameenfoundation.org> wrote: > Gayl, > > Mifos is not currently setup to allow the entry of historical data, other > than allowing backdated transactions (which are limited to back dating only > to the last meeting date for the client). The specific error you are seeing > in regard to the start date is related to limiting when a loan or savings > product can be offered and even if we allowed back dating of that offering, > it still wouldn't allow you to do historical data. > > In case of manual based records, we recommend that MFI's perform a manual > migration of opening balances. I am working on the tools and documentation > for this type of migration and they are incomplete, but you can download > them here to get an idea of the steps involved: > http://dl.dropbox.com/u/106137/Opening%20Balances%20Data%20Migration.zip > > Lastly - Even if Mifos would allow entry of historical data I'm not sure I > would recommend it. After some time, manual systems don't tend to have the > level of detail needed for entry into an automated MIS or the MFI has lost > records over time. Someday after we build the data warehouse, we may be > able to build a service for importing summarized historical data, but that > may be a ways off. > > Hope this helps, > Ryan > > > > > On 7/6/10 18:23, "Gayl Kennedy" <gaylkenn...@gmail.com> wrote: > >> When looking at the demo site I noticed that i cannot create a savings >> or loan product with a date in the past. Error message reads: >> "The Start date can be anything between current date and 1 year from >> the current date." >> I also noted this statement in the functional spec: Due to Issue 2256, >> Back-dated transactions should not be used with Savings Accounts >> >> How do organisations enter historical data in their mifos deployments >> and overcome this issue or is everything dated the deployment date and >> a note added with the actual date as a text field? If it is done by >> notes then does that mean all existing loans are set up as being on >> cycle 1? >> We would very much appreciate any advice on handling historical data >> which is all paper based currently. > > -- > Ryan Whitney > Mifos Technical Program Manager > rwhit...@grameenfoundation.org > Mifos - Technology that Empowers Microfinance (www.mifos.org) > Our mission is to enable the poor, especially the poorest, to create a world > without poverty. > <http://grameenfoundation.org/take-action/ingenuity-fund-challenge/> > P please consider the environment before printing this e-mail. > > > ------------------------------------------------------------------------------ > This SF.net email is sponsored by Sprint > What will you do first with EVO, the first 4G phone? > Visit sprint.com/first -- http://p.sf.net/sfu/sprint-com-first > _______________________________________________ > Mifos-users mailing list > Mifos-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/mifos-users > -- Regards Gayl ------------------------------------------------------------------------------ This SF.net email is sponsored by Sprint What will you do first with EVO, the first 4G phone? Visit sprint.com/first -- http://p.sf.net/sfu/sprint-com-first _______________________________________________ Mifos-users mailing list Mifos-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-users
