Hi Ippez,

Did you run the scheduler job  (Admin>System>Scheduler Jobs) 'Post Dividend
for  Shares'  after approval? Do you want this feature on share account
level as well?

Regards
Santosh

On Mon, Mar 26, 2018 at 7:41 PM, Ed Cable <[email protected]> wrote:

> Robert,
>
> Thanks for reporting this. I'll be certain Santosh is reproducing and
> triaging and get back to you with his finding on it.
>
> Ed
>
> On Mon, Mar 26, 2018 at 5:06 AM, Ippez Robert <[email protected]>
> wrote:
>
>> I have seen some behavior with Share Account and Dividend.
>> I initiated a dividend payout of 100,000 to 4 clients with shares as below
>>
>> *Product>>Share Product>>Share Account (product name)>>Dividends*
>> NameDividend Period Start DateDividend Period End DateDividend Amount
>> Status
>> Share Account 01 January 2017 31 December 2017 100,000 Dividend Approved
>>
>> *Client Name*
>>
>> *No. of Shares*
>>
>> Asienzo
>>
>> 38 (approved)               1 pending approval
>>
>> Mureo
>>
>> 40 (approved)
>>
>> Drani
>>
>> 6 (approved)
>>
>> Amatura
>>
>> 0
>>
>> *TOTAL SHARES*
>>
>> *84 (approved)               1 pending approval*
>>
>> The distribution of dividend is as follow which to me is wrong.
>>
>> Client NameShare AccountDividend AmountStatus
>> Asienzo Clara 21-00001-0 29,260.01 Dividend Initiated
>> Mureo Stella 21-00002-3 61,078.95 Dividend Initiated
>> Drani Joseph 21-00003-1 8,192.8 Dividend Initiated
>> Amatura Women's Group 21-00004-0 1,468.24 Dividend Initiated
>> *Justification*
>>
>>    1. ‌Dividend per share = 100,000/84 = 1,190.48 ==> This is because
>>    there are 84 approved shares, the 1 pending approval doesn't get dividend.
>>    2. Amatura Women's Group doesn't qualify for dividend because there
>>    is no share purchased though they have opened a share account.
>>    3. To me the share distribution table should be as below:-
>>
>> Client NameShare AccountDividend AmountStatus
>> Asienzo Clara 21-00001-0 45,238.24 Dividend Initiated
>> Mureo Stella 21-00002-3 47,619.2 Dividend Initiated
>> Skyline Technologies 21-00003-1 7,142.88 Dividend Initiated
>> Amatura Women's Group 21-00004-0 0 Dividend Initiated
>> *NB:*
>>
>>    1. After dividend has been approved, there is no option for posting
>>    dividend both at product level and share account level. So dividend just
>>    remains in *approved *status(state), yet i see
>>    in 
>> org.apache.fineract.portfolio.shareaccounts.data.ShareAccountStatusEnumData.java
>>    file Line 188 a *case POSTED:* switch statement. Was this incomplete.
>>    This i a huge block as clients are not getting their dividend posted to 
>> the
>>    linked savings account.
>>
>> If this can be solved, it will be of great help especially to SACCO and
>> other credit unions using share modules.
>>
>> Thanks
>> Regards
>> Ippez Robert
>>
>
>
>
> --
> *Ed Cable*
> President/CEO, Mifos Initiative
> [email protected] | Skype: edcable | Mobile: +1.484.477.8649
>
> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
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>
>


-- 
Thanks & Regards

Santosh Math

*QA Engineer*

*Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
| *Office*: +91-080-41208662 |

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