Hi all!
I was trying to reproduce this and observed something seems like a bug
When i reached to the part of *Attach Meeting* by mistake i set the
wrong *meeting date* and other parts set as instructed.
When i was applying for a loan is when i saw the meeting details with a
wrong meeting date (i cancelled the application)
*Now:* -- I can't find a place to edit the meeting date
-- I decided to attach meeting hoping it will overwrite the
previous date but it didn't because when i applied for loan again it
showed both meeting dates with two check boxes of "*Sync repayment with
meeting*" and of "*Sync disbursement date with meeting*"
-- And even when i tried to check the box for "*Sync
repayment with meeting*" of the latest date (the date that i wanted) it
checked both boxes, meaning if i want to Sync i have to Sync with both
meeting dates which is not right.
Is this how it supposed to be, am i missing something?
Regards
Mexina
On 10/21/2016 09:03 AM, Shreyaank Byadagi wrote:
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
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On Thu, Oct 20, 2016 at 9:04 PM, Ed Cable <[email protected]
<mailto:[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] <mailto:[email protected]>> wrote:
Hello,
I wanted to configure a loan product where the EMI payment is
on a particular day of the month (eg 10^th 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/>
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This message contains information that may be privileged or
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