Hi Thomas, As Ed suggested I agree upon his procedure of configuration. And I am providing you the detailed description of the same:
Step 1: Navigate to Admin>>Products>>Loan Products>>Create Loan Product Step 2: Define the Loan Product in such a way that "Amortization" is set to *Equal Installments *and make sure that "Repaid Every" should *1 Months.* Step 3:Next go to *Groups/Centers, *on the screen you will see a drop down "More". Click on it and say *Attach Meeting.* Step 4:Set your required *meeting date, *Under Repeat details set "Repeats" as *monthly *and "Repeats every should be" *1 Month.* Step 5:Under groups you will see *Group Loan Application *make sure that check box for "*Sync repayments with meeting*" is active. Regards Shreyaank Sent with Mailtrack <https://mailtrack.io/install?source=signature&lang=en&[email protected]&idSignature=22> On Thu, Oct 20, 2016 at 9:04 PM, Ed Cable <[email protected]> wrote: > 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> > > -- Thanks and Regards Shreyaank E-mail:[email protected]
