And our best practice is not to write-off in Mifos but actual is books of
accounts.
On Sat, Oct 11, 2014 at 1:39 PM, AMIT JAIN <[email protected]> wrote:
> Hi Zayyad,
>
> But when some one client is willing to pay your dues after write-off and
> he also requires his name out off defaulters list in that case??
> Regards
> AMIT
>
> On Sat, Oct 11, 2014 at 1:13 PM, Zayyad A. Said <
> [email protected]> wrote:
>
>> Amit,
>>
>> I dont think this is right as per international accounting standards.
>>
>> A written off loan should be classified as closed i.e. should not be
>> reopened and relevant expense entries must be passed. When the same loan is
>> recovered it should be realized as income under Written off loans recovered.
>>
>> Lets hear the views of other users before changing the system.
>>
>> Regards,
>>
>>
>> Zayyad A. Said
>>
>> Sent from Samsung tablet
>>
>>
>>
>> AMIT JAIN <[email protected]> wrote:
>>
>>
>> Hello,
>> So many times it happens that we classified a loan as write-off as per
>> norms but many clients come and settle or repay their loans to change their
>> status from default to regular in Credit Bureau
>> Please help on that.
>> Regards
>>
>> On Sat, Oct 11, 2014 at 9:51 AM, Santosh Math <
>> [email protected]> wrote:
>>
>>> Hi Raj,
>>> Writing-off loan means, in other words, closing the loan. I need to know
>>> why you do want to change a write-off loan to close(as rescheduled). This
>>> feature is not yet available in MifosX.
>>>
>>>
>>> On Fri, Oct 10, 2014 at 8:03 PM, Raj Jain <[email protected]>
>>> wrote:
>>>
>>>> PLEASE ADVISE THE STEPS TO BE TAKEN TO CHANGE A WRITE-OFF LOAN TO CLOSE
>>>> AS (RE-SCHEDULED)
>>>>
>>>> REGARDS,
>>>> Raj Jain
>>>> Executive Director
>>>> RARA Group
>>>> Direct: +256.772.739.999
>>>> Direct: +256.777.166.392
>>>> Tel: +256.414.251.251
>>>> skype Id: rarainc
>>>> email: [email protected]
>>>> website: www.rarainfotech.com
>>>> Address: Raja Chambers, Suite 11-14, Parliament Ave, Plot no
>>>> 3, Kampala, Uganda
>>>>
>>>>
>>>>
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>>>
>>>
>>> --
>>> Thanks & Regards
>>> Santosh Math
>>> Mifos Trainer
>>> Conflux Technologies Pvt Ltd
>>> Skype Id: mifos.support
>>>
>>>
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>>
>>
>> --
>> AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) |
>> +919414041821 |
>>
>>
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>>
>
>
> --
> AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) | +919414041821
> |
>
--
AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) | +919414041821
|
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