Hi Ed, Q1) Tooltips would be beneficial here it's quite vague to understand how this functionality works and seems a bit different from the spec. A: Issue has been raised in Jira MIFOSX-2413 <https://mifosforge.jira.com/browse/MIFOSX-2413>, Q2) Layout seems to be wonky - checkboxes for "Is Base lending Rate? and Active are just floating nowhere near their text A: Issue has been raised in Jira MIFOSX-2412 <https://mifosforge.jira.com/browse/MIFOSX-2413>, Q3) Rate Periods is confusing
-> Should be there a From/To (Start/End) date, Currently only From date is implemented, the same interest rate will be followed until user define another From date. Eg. From 10 January 2016 interest rate is 8%, From 20 January 2016 interest rate is 9%. Here From 10 January 2016 to 19 January 2016 interest rate is 8% and from 20January 2016 interest rate changes to 9%. ->Is interest rate supposed to be expressed as a whole number, a decimal, a percentage, Interest rate can be whole number or a decimal (Eg. can be 8 or 8.5). But user can not define as 8% or 8.5 %. - >If it is a differential, is this then a multiplier and not a rate being defined. Differential is on top of base lending rate. If Base lending rate is defined as 8 and Differential is defined as 1. then actual interest is 9 for floating interest calculation. Please revert back if any more clarity is needed. On Fri, Jan 1, 2016 at 2:51 AM, Ed Cable <edca...@mifos.org> wrote: > HI Subramanya, > > I was trying to test out the floating interest rates functionality and ran > into some issues: > > From Admin >> Products >> Floating Rates > > 1) Tooltips would be beneficial here it's quite vague to understand how > this functionality works and seems a bit different from the spec. > 2) Layout seems to be wonky - checkboxes for "Is Base lending Rate? and > Active are just floating nowhere near their text > > Perhaps we move those down on the next line with smaller text? > > 3) Rate Periods is confusing > - Should be there a From/To (Start/End) date > - Is interest rate supposed to be expressed as a whole number, a decimal, > a percentage > - If it is a differential, is this then a multiplier and not a rate being > defined. > > I'm confused on the validations being displayed - shouldn't I define a > base lending rate and then define a differential to that? > > I don't see how this supports the three scenarios outlined at: > > > https://mifosforge.jira.com/wiki/display/MIFOSX/Floating+Interest+Rate+Loans > <https://web.chilipiper.com/link/mifos.org/56859a41e4b03620f93600d3?link=aHR0cHMlM0ElMkYlMkZtaWZvc2ZvcmdlLmppcmEuY29tJTJGd2lraSUyRmRpc3BsYXklMkZNSUZPU1glMkZGbG9hdGluZyUyQkludGVyZXN0JTJCUmF0ZSUyQkxvYW5z> > > See screenshot attached. > > -- > *Ed Cable* > Director of Community Programs, Mifos Initiative > edca...@mifos.org > <https://web.chilipiper.com/link/mifos.org/56859a41e4b03620f93600d3?link=bWFpbHRvJTNBZWRjYWJsZSU0MG1pZm9zLm9yZw==> > | > Skype: edcable | Mobile: +1.484.477.8649 > > *Collectively Creating a World of 3 Billion Maries | *http://mifos.org > <https://web.chilipiper.com/link/mifos.org/56859a41e4b03620f93600d3?link=aHR0cCUzQSUyRiUyRm1pZm9zLm9yZw==> > > <https://web.chilipiper.com/link/mifos.org/56859a41e4b03620f93600d3?link=aHR0cCUzQSUyRiUyRmZhY2Vib29rLmNvbSUyRm1pZm9z> > > <https://web.chilipiper.com/link/mifos.org/56859a41e4b03620f93600d3?link=aHR0cCUzQSUyRiUyRnd3dy50d2l0dGVyLmNvbSUyRm1pZm9z> > > -- Regards, Subramanya.
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