Hi all,

 

I think it would be appropriate to have a function to waive all penalties at 
once.

 

We have also received complains that its tiresome to waive one by one 
especially for daily accrual and when the charges have accrued for a long time.

 

We have a client who has devised a workaround when they want to close a loan 
account with penalties accrued; they record all payments made to the loan and 
do “Undo Disbursal” which reverses all payments and removes the penalties 
accrued. Then they disburse the loan again and reapply the payments made to 
close the loan account.

 

Regards;

 

*******

Zayyad A. Said | Chairman & C.E.O

 

Cell No.: +254 716 615274 | Skype: zsaid2011

Email: [email protected] 
<mailto:[email protected]>  

 



 

From: Santosh Math [mailto:[email protected]] 
Sent: 18 August 2017 04:18 PM
To: Adriana Pinto <[email protected]>
Cc: Dev <[email protected]>; [email protected]; 
[email protected]; Juan Pablo Alvarez <[email protected]>; Jose Garcia 
<[email protected]>; Erick Gonzalez <[email protected]>; Ed Cable 
<[email protected]>
Subject: Re: Reverse overdue charges application - MIFOS

 

Hi Adriana,

 

In the loan account, go to 'Charges' tab and click on waive the charge. Check 
the screenshot.  But each charge(penalty) must be waived one by one. Can't 
select all at once.

 

Thanks

Santosh

 

On Fri, Aug 18, 2017 at 6:41 PM, Ed Cable <[email protected] 
<mailto:[email protected]> > wrote:

Adriana, 

 

I'm moving this discussion to the Apache Fineract developer list so the entire 
community can partake in supporting you.

 

Thanks,

 

Ed

 

On Thu, Aug 17, 2017 at 3:27 PM, Adriana Pinto <[email protected] 
<mailto:[email protected]> > wrote:

Hello to the community.

We’ve been working on having a complete functionality of our approach, but we 
got an issue at the moment of applying overdue charges when running the job:

Is there any workaround to reverse the overdue charges application?

This is necessary, because the overdue charges are being applied daily, but if 
the repayment is made before applying the charges, but it is not registered at 
the system, we need to reverse the calculation and “remove” this charges from 
the final outstanding.

If there is not already a workaround, could you please guide us in the better 
way to fix it in order to reuse all the resources provided by the system.

 

Thank you all,

Adriana

 

 



 





 

-- 

Ed Cable

President/CEO, Mifos Initiative

[email protected] <mailto:[email protected]>  | Skype: edcable | Mobile: 
+1.484.477.8649 <tel:(484)%20477-8649> 

 

Collectively Creating a World of 3 Billion Maries | http://mifos.org  
<http://facebook.com/mifos>   <http://www.twitter.com/mifos> 

 





 

-- 

Thanks  and Regards

Santosh Math

Lead QA & Support

Conflux Technologies Pvt Ltd, Bengaluru

Skype:santoshmath99

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