Hi Mifos Developers,
Mifos Description:
mifos version:mifos-v1.6.1
Database : Mysql 5.45
This is my scenario ,
I had created database mifos and run the following script that is come
up with mifos download
a)latest-schema.sql
b)latest-data.sql
c)init_mifos_password.sql
Gayl,
That's very interesting... Not sure what's going on here, but its something
I think worth looking into (don't have the time to dig into it too heavily
at the moment), so I filed this issue:
http://mifosforge.jira.com/browse/MIFOS-4313
Might be a great volunteer bug for someone to dig throug
Milan,
We currently don¹t support that fee model, but please do file a request, I
think its a good enhancement.
As for a workaround, I can only think one of two things
One: Since this is a flat fee percentage based on the principal, divide the
percentage by the number of payments and enter that
Chetan,
As far as I understand things, this would not affect the effective rates for
the Equal Principal Installment (Fixed Principal) or Declining Balance
loans. This is because the interest is figured over the number of periods
within a year (52 weeks or 12 months), so the exact number of days
