Ah that is indeed another good way in which to configure it. Thanks.
For my issues related to the variable loan installments, could you help me repro before I log an issue. I've included screenshots of the config and error messages I get. I tried deleting a number of installments and then clicking validate and then got the following error messages. My questions are - are these the appropriate error messages (or is this a bug) and then in any case, we should make these error messages more clear (good GCI task...). On Tue, Oct 31, 2017 at 8:25 AM, Santosh Math < sant...@confluxtechnologies.com> wrote: > Hi Ed, > > I created one scenario here- all principal only paid at last instalment- > using moratorium on Principal payment. > > https://demo.openmf.org/#/viewloanaccount/1722 > > If number of instalments are 'n' and then set moratorium on principal > payment as 'n-1' > > in above link n=4. > > > Thanks > Santosh > > On Tue, Oct 31, 2017 at 7:59 PM, Ed Cable <edca...@mifos.org> wrote: > >> Santosh or others, >> >> I was trying to test out configuration of a bullet loan (all principal or >> principal/interest) to be repaid in the final installment of the loan. >> >> I was going to try two approaches and ended up doing mix of the two to >> achieve my purpose but I think it could be made easier. >> >> *Approach 1: * >> - Set loan term to # of months for total maturity of loan (i.e. 24 months) >> - Set # of repayments to 1. >> >> Expected: Repayment schedule has the 1 one repayment as the final date in >> the maturity of the loan >> >> Actual: Repayment date is first due after disbursal (i.e. first month). >> >> Approach 2: >> >> - Create a full schedule >> - Modify repayment schedule and delete all the payments except the last >> one and modify installments amount to be total. >> >> Expected: successful loan creation >> >> Actual: got several different errors even though I had set max gap in >> installment to be greater than the gap I was testing. >> >> validation.msg.loan.variable.schedule.date.must.be.in.min.max.range >> >> >> Blended Approach: >> >> - At last I just did what I did in approach 1 and then i modified >> repayment schedule to adjust the installment date till the maturity date. >> Originally I thought i had to do find this maturity date on my own but then >> I realize it was displayed so this isn't too bad. >> >> Alternatively one could specify first repayment date as this maturity >> date too. >> >> Is this the approach one should take? >> >> -- >> *Ed Cable* >> President/CEO, Mifos Initiative >> edca...@mifos.org | 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> >> >> > -- *Ed Cable* President/CEO, Mifos Initiative edca...@mifos.org | 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>
