Dears,
I'm not sure if this is the right thread to ask this question.
So far till today we had been working with Fineract version x.y.z;
whereby, we have only touched x,y
i.e. 0.1.0, 0.2.0... and now 0.7.0
While I understand why we haven't touched x, I don't know when we shall
touch z. Or
I have resolved the Fineract website issue and updated
https://cwiki.apache.org/confluence/pages/viewpage.action?pageId=67640333 page
with details.
Thanks,
Nazeer
-Original Message-
From: Ed Cable [mailto:edca...@mifos.org]
Sent: 15 February 2017 06:02
To: dev (dev@fineract.incubator.a
Just doing a check-in as to where we stand.
Nazeer has been addressing some of the outstanding points and has recently
posted some additional release management documentation which can be viewed
at https://cwiki.apache.org/confluence/pages/viewpage.action?pageId=67640333
I have pushed the changes
Mexina,
The issue is you are trying to calculate monthly interest with weekly repayment
schedules.
I have seen this as well and the workaround we have been using is to divide the
monthly interest by 4 and then multiply by 52 to get annual rate.
Configure the product with interest per year the
Hi Santosh
For what i know
If Principal = 50,000, interest = 3% for month
This means the interest charged for one month is 1500 and for 3 months
it will be 4500.
Now in Mifos: when you configure the same principal and interest but
repaid every week for 12 weeks (= 3months) it gives total in
Hi Mexina,
Could you give me the formula which you are using to calculate interest?
On Feb 14, 2017 6:38 PM, "Mexina Daniel" wrote:
> Hi Santosh
>
> I did check it with "Currency multiple of" 1, it still gives wrong interest
>
> https://demo.openmf.org/#/viewloanaccount/625
>
>
> When you con
Hi Santosh
I did check it with "Currency multiple of" 1, it still gives wrong interest
https://demo.openmf.org/#/viewloanaccount/625
When you configure loan term in months and repaid every 1 month it give
correct interest with both "Currency multiple of" 1 and "Currency
multiple of" 100.
R
Shaik Nazeer Hussain created FINERACT-399:
-
Summary: Barebones and Sampledata sql files are broken
Key: FINERACT-399
URL: https://issues.apache.org/jira/browse/FINERACT-399
Project: Apache Fine
[
https://issues.apache.org/jira/browse/FINERACT-399?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
Shaik Nazeer Hussain updated FINERACT-399:
--
Labels: p1 (was: )
> Barebones and Sampledata sql files are broken
>
Hi all,
We are planning to integrate 'PMD' and 'Findbugs' gradle plugins as part of
Fineract build script(s) to maintain the code quality. I feel there
shouldn't be any licensing issue as these two are used only while building
the code and these jars will not be included in final war file. Plea
Hi Mexina,
I think you set 'Currency in Multiple of ' 100 and it is rounding off to
nearest 100th value. Check it again with 'Currency in Multiple of' as 1.
https://demo.openmf.org/#/editloanproduct/144
On Tue, Feb 14, 2017 at 3:36 PM, Mexina Daniel wrote:
> Hi dev!
>
> When you apply a loan
Hi dev!
When you apply a loan and configure loan term 12 weeks, number of
repayment 12 and repaid every 1 week, the system wrongly calculate interest
I reproduced this in https://demo.openmf.org/#/viewloanaccount/624
Am i setting it wrong somewhere?
Thank in advance
--
Mexina M Daniel
Lead
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