Polly,

Mifos can not downgrade the database after upgrading.

The process of upgrading should be.
1 Backup the Database on older version just before upgrading.
2 Upgrade to new version.
3 * Test the new version. *
4 If any critical issue found then restore from the backup and run the
older version.

If you are in a critical environment people use a staging server to
test the upgrade and testing process.

I hope you have made the backup before upgrading.

Regards,
Udai

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