Re: Issue on early repayment of loans with interest recalculation enabled

2019-06-04 Thread Santosh Math
Hi Angel, Please share the screenshot of 'Account Detail' tab and 'Transactions' tab so that I can explain you better. On Mon, Jun 3, 2019 at 10:24 PM Angel Cajas wrote: > Hi devs, > > > > I’m doing some test with some products and I’m bringing this issue. I > don’t know if this is the right way

Issue on early repayment of loans with interest recalculation enabled

2019-06-03 Thread Angel Cajas
Hi devs, I'm doing some test with some products and I'm bringing this issue. I don't know if this is the right way it should work but for me I doesn't seem like it is. When I make a repayment equal or greater than the installment amount before the last installment date, the principal amount fo

Re: Repayment of Loans

2019-03-06 Thread Vishwas Babu
Mexina, Please take my responses with a pinch of salt as I have not used Fineract for more than 3 years now. >> 1. What is the effect/use of configuring NPA fields on the loan product? Once a loan moves into NPA status, accruals are stopped on the same. I think Fineract leaves the existing accrua

Re: Repayment of Loans

2019-03-06 Thread Mexina Daniel
Dear Vishwas I was inquiring on:- 1. What is the effect/use of configuring NPA fields on the loan product? am aware that on the system, the recovery repayment is considered as income since it was written off ( considered as expense) Addition 2. After you have put aside some amount by provisi

Re: Repayment of Loans

2019-03-05 Thread Vishwas Babu
Mexina, I am not sure if you are enquiring about provisioning and/or recovery repayments. Fineract has support for configurable provisioning, see https://mifosforge.jira.com/wiki/spaces/docs/pages/110690335/Provisioning+Entries and https://cwiki.apache.org/confluence/display/FINERACT/Loan+Loss+P

Re: Repayment of Loans

2019-02-26 Thread James Dailey
Mexina - The system - by which I assume you mean the backend since we're talking about fineract here - is flexible enough to support these types of accounting rules via the API calls. There might be built in functionality in the Community App, in which case you should also air your question on Mif

Repayment of Loans

2019-02-26 Thread Mexina Daniel
Dear devs I have the question like http://mifos.cloud.answerhub.com/questions/794/what-is-the-consequence-of-npa-schedule-job.html http://mifos.cloud.answerhub.com/questions/794/what-is-the-consequence-of-npa-schedule-job.html which was never answered. Also if the loan has been in NPA for a l