Hi All, Its so good that this discussion has come up. I have realized a case or two with waiving overdue charges too. When you waive these charges and a client finishes his/her loan [obligation met], the loan status is closed which is right but now when you view this client's loan statement report provided as pentaho report you will find there is a balance running for this closed in the report which i havce realized as the total amount of the waived charges.
In my thinking, when you waive a charge, it should reduce the overdue amount but its not registered as an income for the MFI. Anyone has an explanation for this or this is a bug? Two, Indeed when charges accumulate, they become hard to waive one by one. So am suggesting that the waive button in the community-app should not apply or be shown to all overdue charge rows in the table but rather make it one for all such that when someone clicks on this button, then it should bring up a page where the staff can enter the amount he/she wants to adjust/waive off. Then at the backend the system can either split this lump some amount into the respective overdue charges and waived them individually or some bulk waiving can be done logically? All in all, some work need to be done here with overdue charges waiving - Batch Waive should be done. Thanks Regards Ippez Robert On Fri, Aug 18, 2017 at 4:59 PM, Zayyyad A. Said < [email protected]> wrote: > 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 <+254%20716%20615274> | Skype: *zsaid2011* > > Email: [email protected] > > > > [image: Email banner] > > > > *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]> 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]> > 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 > > > > > > [image: AdrianaPinto] > > > > > > > > -- > > *Ed Cable* > > President/CEO, Mifos Initiative > > [email protected] | Skype: edcable | Mobile: +1.484.477.8649 > <(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 > -- Ippez Roberts Director & Founder - Skyline Technologies Uganda "IT Consultants & Engineers" P.O.Box 155, Moyo UGANDA. Tel: +256788725408/789643284 Skype ID: ippez.robert1 Email: [email protected]
