Re: [Mifos-users] Explanation about Interest Calculation

2016-02-29 Thread Georges Lteif
Thank you subramanya for the detailed explanation, that explains it i think i found it weird because we work with bank disbursements (cheques) and usually people doing data entry don't know when the disbursement exact date would be so when doing data entry what we do in Mifos 2.6 is that they en

Re: [Mifos-users] Explanation about Interest Calculation

2016-02-29 Thread Subramanya S N
Hi Georges Lteif, In the above scenarios interest calculation will go in this way, You have selected Interest Calculation Period as Same as repayment, here the interest calculation with respect to periods need to be considered. Also Since first repayment date is defined by you because of that loan

Re: [Mifos-users] [Mifos-developer] [Apache-Fineract] - 0.1.0-incubating

2016-02-29 Thread Nazeer Shaik
Hi All, QA has done regression testing on the release and "*0.1.0.incubating*" is made the default download file on sourceforge. Thanks, Nazeer On Thu, Feb 25, 2016 at 12:23 PM, Adi Raju wrote: > ALSO IMPORTANT > > > > If such applications are passing the tenant ID using request header >

Re: [Mifos-users] Explanation about Interest Calculation

2016-02-29 Thread Georges Lteif
Hello Vishwas all our loans are with flat interest i replicated the scenarios -found on mifos test server under client with my Name (George Mitri Lteif) loans IDS are IL1300216 IL1300215 IL1300214 *its like the interest changes whenever you change he first repayment date* On Tuesday

Re: [Mifos-users] Explanation about Interest Calculation

2016-02-29 Thread vishwasbabuaj
George , Could you please replicate the same on the demo servers and share the loan ID's ? If you are using declining balance interest calculation, manually changing the first scheduled repayment date would result in a corresponding adjustment to the interest calculated over the duration of t