Hi Thomas, Welcome to the community! I'm going to forward your email to the fineract-users mailing list and also have cc'd Shreyank who can provide a more detailed answer but in short when configuring the new loan product, you'll want to select Equal Installments under Amortization type while configuring the terms of the product. You'll also want to select 1 month for "Repaid Every"
Next you'll need to configure the meeting schedule for the group or center that the client belongs to. Go to a group or center and then click Attach Meeting and then you select the day of the month you want the meeting to be on, check the box for repeating and for repeat details select Monthly and Every 1 month Now that you have the loan product configured and a meeting configured, when you create a specific loan account for an individual client, under Meeting Details, you'll want to check the box to "Sync repayments with meeting" Ed On Thu, Oct 20, 2016 at 7:39 AM, Thomas Varghese <[email protected]> wrote: > Hello, > > > > I wanted to configure a loan product where the EMI payment is on a > particular day of the month (eg 10th of each month). > > How do I configure this? > > > > Thanks & Regards, > > *Thomas Varghese* > > KNAB finance advisors pvt ltd > > Web: www.KNABfinance.com <http://www.knabfinance.com/> > > LinkedIn: https://www.linkedin.com/company/KNABfinance > > Facebook: https://www.facebook.com/KNABfinance > > > > This message contains information that may be privileged or confidential > and is the property of KNAB finance. It is intended only for the person to > whom it is addressed. If you are not the intended recipient, you are not > authorized to read, print, retain, copy, disseminate, distribute, or use > this message or any part thereof. If you receive this message in error, > please notify the sender immediately and delete all copies of this message. > > > ------------------------------------------------------------ > ------------------ > Check out the vibrant tech community on one of the world's most > engaging tech sites, SlashDot.org! http://sdm.link/slashdot > Mifos-developer mailing list > [email protected] > Unsubscribe or change settings at: > https://lists.sourceforge.net/lists/listinfo/mifos-developer > -- *Ed Cable* Director of Community Programs, Mifos Initiative [email protected] | Skype: edcable | Mobile: +1.484.477.8649 *Collectively Creating a World of 3 Billion Maries | *http://mifos.org <http://facebook.com/mifos> <http://www.twitter.com/mifos>
