But loan loss provisioning is only calculating the % but classification will need to link with GL of Interest income. It works or not?
On Sat, Apr 13, 2019 at 2:24 PM Edmore Tshuma <[email protected]> wrote: > Loan Classification, > > Regarding this, you might want to look at Loan Loss Provisioning, its > already supported in Mifos. When you setup the provisioning you can also > classify as desired as well as map to GL Accounts . > > Sent from Mail for Windows 10 > > From: Kao Sereyrath > Sent: Saturday, 13 April 2019 4:32 AM > To: [email protected] > Subject: Question about MIFOS currency > > Could anybody let me know whether MIFOS has: > 1- Cross currency transaction while we have many currency and at end of the > day will convert to base currency with buy and sell rate and provide gain > and loss transaction. If no, is there any possibility to do it? > > 2- MIFOS has loan classification option to classify loan as standard, > substandard, doubtful and loss by recording to accounting GL movement? > > Regards, > Sereyrath > > -- Kao Sereyrath *H/P: +85512751275 / +85587333187Email: [email protected] <[email protected]> *
