Collections for partial payments are posted in the following order:
penalties, fees, interest, and then principal.
http://mifos.org/functional-specifications/transaction-processing/loan-payments#partial
I'm not sure if this is configurable - others would need to respond on
that. However this order is almost the use case you're looking to support
except fees and penalties are reversed.
Ed
On Thu, Nov 17, 2011 at 7:46 AM, info <i...@hugotechnologies.com> wrote:
> Hello team
>
> Can we set the priority for posting collections to different line items,
> example below
>
> Principal Due: 1000.00
> Interest Due: 200.00
> Penalty: 20
> Monthly Maintenance: 10
>
> If customer pays only partial amount i.e., *500/-* . Can we distribute
> the paid amount based on the priority ?
> My priority is Monthly Maintenance, Penalty, Interest, Principal. The
> amount should be distributed as follows
>
> Monthly Maintenance: 10
> Penalty: 20.00
> Interest: 200.00
> Principal: 270.00
>
> is this configurable ? What is currently supported by mifos ?
>
> --
> *Regard,*
> *HT Team*
> *www.hugotechnologies.com*
> Phone : +91 40-65141823 | Skype: hugo.technologies
>
>
>
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------------------------------------------------------------------------------
All the data continuously generated in your IT infrastructure
contains a definitive record of customers, application performance,
security threats, fraudulent activity, and more. Splunk takes this
data and makes sense of it. IT sense. And common sense.
http://p.sf.net/sfu/splunk-novd2d
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