Hello Sifiso, The penalties are charged per each overdue installment. so does arrears. For your case you should raise the ticket in Jira for a new feature.
Regards, Nenge. From: "Santosh Math" <[email protected]> To: "Mifos software development" <[email protected]> Cc: [email protected], "dev" <[email protected]> Sent: Thursday, May 24, 2018 2:15:10 PM Subject: Re: [Mifos-developer] Penalties charge time Hi Sifiso, Did you try 'Penalty Wait Period' in System>Configurations? On Thu, May 24, 2018 at 4:20 PM, < [ mailto:[email protected] | [email protected] ] > wrote: Hi guys, Penalties are charging every time a client skips a repayment. We need it to charge the penalty only after the loan matures if the loan hasn’t been paid off in full. The arrears tolerance in the loan product are already set as 7. But it's charging 7 days after someone skips a payment and not 7 days after the 5 weeks have elapsed. Kind regards. Sifiso ------------------------------------------------------------------------------ Check out the vibrant tech community on one of the world's most engaging tech sites, Slashdot.org! [ http://sdm.link/slashdot | http://sdm.link/slashdot ] Mifos-developer mailing list [ mailto:[email protected] | [email protected] ] Unsubscribe or change settings at: [ https://lists.sourceforge.net/lists/listinfo/mifos-developer | https://lists.sourceforge.net/lists/listinfo/mifos-developer ] -- Thanks & Regards Santosh Math QA Engineer [ http://www.confluxtechnologies.com/ | Conflux Technologies Pvt Ltd ] | Office : +91-080-41208662 | Address : #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block, Bengaluru, Karnataka, 560043 INDIA ------------------------------------------------------------------------------ Check out the vibrant tech community on one of the world's most engaging tech sites, Slashdot.org! http://sdm.link/slashdot Mifos-developer mailing list [email protected] Unsubscribe or change settings at: https://lists.sourceforge.net/lists/listinfo/mifos-developer -- Nenge Masoya Software Developer Research & Development Office: +255 22 261 8511 | Mobile: +255 659 395 570 Singo Africa Limited Block G Mbezi Beach | Nakawale Road | P. O. Box 78908 | 14121 Dar es Salaam singo.co.tz | amala.co.tz Let's grow together!
