Correct location https://staging.openmf.org/#/viewshareaccount/10
On Tue, Dec 12, 2017 at 5:49 PM, Nazeer Shaik < [email protected]> wrote: > You can find this account details here https://staging.openmf. > org/#/viewshareaccount/1 > Username&Password -> mifos, password > > Regards, > Nazeer > > > On Tue, Dec 12, 2017 at 5:36 PM, Nazeer Shaik <nazeer.shaik@ > confluxtechnologies.com> wrote: > >> Hi Sander, >> >> We have 3 types of charges. >> 1) Purchase charges -> It will be applied on share purchases >> 2) Redeem charges -> It will be applied on share redeems >> 3) Account activation charges -> It will be collected on account >> activation. (May be we need to change the label in the community app) >> >> See one example below >> >> Journal Entries: >> id account_id office_id currency_code transaction_id entry_date type_enum >> amount office_running_balance organization_running_balance >> share_transaction_id >> 192 36 1 USD SH19 12-12-2017 2 7 7 7 19 >> 193 37 1 USD SH19 12-12-2017 1 5 5 5 19 >> 194 39 1 USD SH19 12-12-2017 1 2 2 2 19 >> 195 37 1 USD SH19 12-12-2017 2 5 0 0 19 >> 196 38 1 USD SH19 12-12-2017 1 5 *5* 5 19 >> 197 36 1 USD SH18 12-12-2017 2 4 *11* 11 18 >> 198 39 1 USD SH18 12-12-2017 1 4 *6* 6 18 >> Account 36 Share Reference >> Account 37 Share Suspense Control >> Account 38 Share Equity >> Account 39 Income from Fees >> *Count* *Price($)* >> Shares Purchased 10 0.5 >> Purchase Charge (Flat) 2 >> Total 7 >> Activation Charge (Flat) 4 >> Total 11 >> Can you give bit more details which one is not matching please. >> >> Regards, >> Nazeer >> >> On Tue, Dec 12, 2017 at 5:09 PM, Sander van der Heyden < >> [email protected]> wrote: >> >>> Hi Nazeer, Santosh, >>> >>> When it comes to the charges bookings, we've seen that it is only booked >>> upon activation. That however creates a situation where your charges on >>> share accounts are not equal to the balance in your GL accounts which is >>> not only confusing to customers, but also technically incorrect. I would >>> therefore recommend to also only add the charge at time of activation, >>> same >>> way it is done for savings accounts and other deposit products. This way >>> the system behaves consistently across products and it becomes easier to >>> document and explain to endusers. >>> >>> S >>> >>> >>> >>> Sander van der Heyden >>> >>> CTO Musoni Services >>> >>> >>> >>> >>> Mobile (NL): +31 (0)6 14239505 >>> Skype: s.vdheyden >>> Website: musonisystem.com >>> Follow us on Twitter! <https://twitter.com/musonimfi> >>> Postal address: Hillegomstraat 12-14, office 0.09, 1058 LS, Amsterdam, >>> The Netherlands >>> >>> On 12 December 2017 at 12:27, Nazeer Shaik < >>> [email protected]> wrote: >>> >>> > Hi Santosh, >>> > >>> > As discussed it is not adding duplicate journal entries. Once account >>> is >>> > created, it is adding the journal entries for Share Reference, Share >>> > Suspense Control, Income from fees (if purchase charge is added). >>> > Once account is approved, Suspense amount will be moved to Share >>> Equity. So >>> > we are adding new journal entries. >>> > Once account is activated, the activation charge journal entries are >>> added. >>> > >>> > Please verify all possible scenarios provide detailed explanation to >>> > Andrew. If any issue is there, please update in the already created >>> jira >>> > issue. >>> > >>> > Regards, >>> > Nazeer >>> > >>> > On Tue, Dec 12, 2017 at 10:02 AM, Santosh Math < >>> > [email protected]> wrote: >>> > >>> > > Hi Andreew, >>> > > >>> > > This issue exists and raised here: >>> > > >>> > > https://issues.apache.org/jira/browse/FINERACT-574 >>> > > >>> > > Let me know if I am missing something. >>> > > >>> > > Thanks >>> > > Santosh >>> > > On Mon, Dec 11, 2017 at 9:41 PM, Andrew Dzakpasu < >>> > > [email protected]> wrote: >>> > > >>> > > > Hi >>> > > > I have currently been playing around with creating of share >>> > > account. I >>> > > > have notice a behaviour which is not consistent with other parts >>> of the >>> > > > system in regards to bookings of journals. >>> > > > Is there any reason why bookings are made prior to a share account >>> been >>> > > > active ?. >>> > > > An Example is >>> > > > >>> > > > 1. When creating a share account with a share purchase charge of 2 >>> > > dollars >>> > > > and number of shares as 10. After creating the share account you >>> will >>> > > > notice that bookings have already been made in the journals entry. >>> Even >>> > > > though the share account is not active yet >>> > > > >>> > > > 2. When you approve the share account above. You will again notice >>> > > bookings >>> > > > in the journal entry are made. Even though the share account is not >>> > > active >>> > > > yet. >>> > > > >>> > > > 3. I also notice when an activation share charge is attached to a >>> share >>> > > > account. When the share account is created there is a entry >>> created in >>> > > the >>> > > > "m_share_account_charge_paid_by" even though the charge is not >>> paid. >>> > In >>> > > > other parts of the system i.e. loans or savings this entry is only >>> > made >>> > > > when the charge is paid for or for savings this is made when the >>> > savings >>> > > > account is active. >>> > > > >>> > > > What is the reason for the prior bookings before the share account >>> is >>> > > > active as this is very confusing. >>> > > > Can anybody explain why this is done so. >>> > > > >>> > > > kind regards >>> > > > Andrew >>> > > > >>> > > >>> > >>> >> >> >
