You want I can show you a working sample? On Fri, 17 Apr 2020, 19:02 Vinayak Javaly, <[email protected]> wrote:
> Thanks, I'll try that. > > On Fri, Apr 17, 2020 at 9:17 AM Saransh Sharma <[email protected]> > wrote: > >> To be able to see the missed payment and late fee applied make a loan >> with previous dates and you can run the scheduler for them and you can see >> those, the charges needs to be defined. >> >> On Fri, 17 Apr 2020, 18:47 Saransh Sharma, <[email protected]> wrote: >> >>> In the screen shot you see accrual that is posted by system and is a >>> part of the entry. >>> >>> On Fri, 17 Apr 2020, 17:59 Vinayak Javaly, <[email protected]> wrote: >>> >>>> Hi Bharath. I'm still learning how to use Fineract, so apologies in >>>> advance for my newbie questions. >>>> >>>> I've created a chart of accounts, loan products with cash accounting. >>>> The *Add Accrual Transactions* and *Add Periodic Accrual Transactions* >>>> scheduler >>>> jobs are enabled and are running (their View History shows Success for >>>> every day). In order to see the periodic accounting transactions posted, >>>> I've created a few loans with daily repayments. But I don't think I've set >>>> everything up correctly. I've attached the appropriate screenshots below. >>>> >>>> >>>> [image: Screen Shot 2020-04-17 at 8.22.40 AM.png] >>>> >>>> [image: Screen Shot 2020-04-17 at 8.23.53 AM.png] >>>> Where should I be able to see a missed payment? and the late fee >>>> applied? >>>> >>>> Please advise. >>>> >>>> Thanks, >>>> Vinayak >>>> >>>> >>>> On Wed, Apr 15, 2020 at 2:36 AM Bharath Gowda <[email protected]> wrote: >>>> >>>>> Hello Vinayak, >>>>> >>>>> Prerequisite is to create a loan product with Accrual Accounting >>>>> Enabled from the user end, whereafter Mifos Scheduler jobs will take care >>>>> of Accrual postings. >>>>> >>>>> Following two jobs are responsible for accrual transactions >>>>> >>>>> *1. Add Accrual Transactions* >>>>> - All the interest will be accrued till the 'Due date' of the job run >>>>> and can be viewed under 'Transactions' tab, it is scheduled to run every >>>>> day. >>>>> >>>>> *2.Add Periodic Accrual Transactions* >>>>> *-*Similar to 'Add Accrual Transactions' except that all the interest >>>>> will be accrued till the current date i.e the Job run date and time. >>>>> This job can be configured to run weekly/ monthly or yearly based on >>>>> the organization needs. >>>>> >>>>> >>>>> In case if you had a late payment fee attached to the loan, same jobs >>>>> will post the fees portion as well along with the interest. >>>>> >>>>> You can go through the following document to understand more on our >>>>> scheduler jobs and its functionality >>>>> >>>>> https://mifosforge.jira.com/wiki/spaces/docs/pages/67895356/Manage+Scheduler+Jobs >>>>> >>>>> >>>>> >>>>> Please Let me know if you need any more information. >>>>> >>>>> Regards, >>>>> Bharath >>>>> Lead Implementation Analyst | Mifos Initiative >>>>> Skype: live:cbharath4| Mobile: +91.7019636073 >>>>> http://mifos.org <http://facebook.com/mifos> >>>>> <http://www.twitter.com/mifos> >>>>> >>>>> >>>>> On Wed, Apr 15, 2020 at 3:32 AM Ed Cable <[email protected]> wrote: >>>>> >>>>>> Hello Vinayak, >>>>>> >>>>>> Welcome to the community. I've cc'd my colleague, @Bharath Gowda >>>>>> <[email protected]> , who will be able to help you at a more >>>>>> technical level but have you checked the status of the scheduler jobs: >>>>>> the >>>>>> ones for the accrual should be running on a daily basis. >>>>>> >>>>>> You can view status of the respective jobs and manually execute them >>>>>> from the Scheduler Jobs section under Admin >> System. >>>>>> >>>>>> You can read more here: >>>>>> https://docs.mifos.org/user-manual/for-administrators-mifos-x-platform/administration/system/manage-scheduler-jobs >>>>>> >>>>>> Ed >>>>>> >>>>>> On Tue, Apr 14, 2020 at 2:00 PM Vinayak Javaly <[email protected]> >>>>>> wrote: >>>>>> >>>>>>> Hello. I just joined this mailing list. Apologies in advance if >>>>>>> this question has already been answered, but I could not find it in the >>>>>>> archives. >>>>>>> >>>>>>> First, here's some background: I have setup Fineract and the Mifos >>>>>>> X client in my development environment. Using the Mifos UI, I have >>>>>>> created >>>>>>> Organizations, Loan Products, and other related entities. Using >>>>>>> PyFineract >>>>>>> / Fineract API, I have created Loans, etc. >>>>>>> >>>>>>> My question is: >>>>>>> >>>>>>> - What do I need to do or run to get the >>>>>>> daily/weekly/monthly/periodic accounting to occur? For example, >>>>>>> let's >>>>>>> assume I create a loan with weekly repayments, and after a week has >>>>>>> passed >>>>>>> there are no repayments, what part of the system calculates late >>>>>>> fees, >>>>>>> interest, etc? >>>>>>> >>>>>>> Thanks. >>>>>>> >>>>>>> VJ >>>>>>> >>>>>> >>>>>> >>>>>> -- >>>>>> *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 <http://facebook.com/mifos> >>>>>> <http://www.twitter.com/mifos> >>>>>> >>>>>>
