Team;
A number of cases have been reported to us and we have investigated and
found to be true. This is on repayment schedules changes to group meeting
dates even when LSIM feature is enabled.
*Example :*
No Due date Date paid Principal Service Charge Fees Penalty Total Installments
paid 1 24-Apr-2012 18-Apr-2012 5,000 500 575 0 6,075 2 24-May-2012
31-May-2012 5,000 500 125 0 5,625 3 25-Jun-2012 25-Jun-2012 5,000 500 125 2
5,627 4 24-Jul-2012 07-Jul-2012 5,000 500 125 0 5,625 5 06-Aug-2012
07-Jul-2012 0 0 3 0 3 Installments due 5 06-Aug-2012 - 5,000 500 122 0
5,622 Future
Installments 6 03-Sep-2012 - 5,000 500 125 0 5,625
The loan schedule in above example changed from 24th of every month to 1st
Monday which is the meeting day. See schedule 5 & 6.
Kindly advise if anyone has come across this bug and how we can solve it.
Regards;
--
******
*INTRASOFT TECHNOLOGIES | B8, KIGLESS HSE MOI AVENUE
**P.O. BOX 82298 - 80100 Mombasa Kenya.
Tel: +254 20 258 4217 / Cell: +254 734 138478
Email: **intras...@saidskenya.com* <intras...@saidskenya.com>
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