Shiva,
In relation to loan schedule generation the place of main interest is
org.mifos.clientportfolio.newloan.domain.service.LoanScheduleService
and its implementation class.
Its is used as part of the 'loan creation flow'.
The customisation you will require will happen at some level below this
Keith,
We started reviewing the code. Before initiating the changes we will
discuss with you in detail on how to go about.
It may take 2 weeks from now for us to really start working on this change.
Thanks
Shiva
On Wed, Nov 16, 2011 at 7:42 PM, Keith Woodlock wrote:
> Shiva,
>
> if HT are comm
Shiva,
if HT are commiting to do development thats great (clearly we can
guide you to where to start looking.) Also 'simple' is a dangerous
work I guess. It will take some time, it just not a major development
effort and I am doing some 'work around this area' for a pilot project
so I can point yo
Keith,
Thanks for confirming that it is a simple change. I will prepare a detail
document and shall share the details shortly.
Shall i raise a ticket as enhancement for this change ? Please advise.
We can take-up this change with some assistance from dev group.
Thanks
Shiva
The original example had 100 has the interest value used and the
calculation example you gave puts it at 85. What is the value used by
MFI and field officers in the field?
either way its a simple enough change to mifos to make this work.
Keith.
On Tue, Nov 15, 2011 at 3:46 PM, HT Team wrote:
>
Typo "I. Computing interest for balance days in the month using 365 days
formula" as "I. Computing interest for balance days in the month using days
of month"
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h
Binny
Just to give an approximate interest amount i calculated with 31 days.
There are 2 ways of interest calculations here. But i think it will be over
kill on mifos to use the first option and i prefer to use 2nd option.
However, both gives same interest value.
I. Computing interest for balance
Hi,
Sorry yes I missed out on the fact you were disbursing on 27th of
month so client has loan principal in hand only two weeks when first
installment arises.
As Binny said there is a 'Declining Balace - Interest Recalculation'
method that works using 'daily frequency' for interest calculation. I
The correct solution, in my opinion, would be to enable Principal only
grace period for "declining balance - interest recalculation" interest
type. This does a daily-reducing-balance based interest calculation.
But I suspect that it may not solve your issue fully.
As the interest calculated by thi
Keith
Interest should be calculated only for the period Loan disbursement date to
subsequent meeting date i.e., 27-02-2011 to 12-03-2011 with interest amount
as 83/- approximately for 13 days.
200/- interest which you mentioned is exactly for 1 month which will be a
burden on members.
Thanks
H
Interesting.
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Hi,
One of predominant scenario on loan disbursement to the members or groups
are done well before the meeting date. -- But where as Loan disbursement
date should be same as meeting date in mifos. We have across a feature
Beginning
with version 1.1 of Mifos, repayment schedules and loan disbursa
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