Dear All, I'm happy to share that the functionality of Fineract has been extended. We have implemented a new function that can support sale of loans to external owners.
What business case does it support? In case a loan offering company would like to involve external sources to lower its risk of large volume/amount of outstanding loan, it's possible to keep track by Fineract With external transfer Fineract can differentiate accounting entries for internally and externally owned assets. How does it change Fineract? CoB job is extended to handle *asset sales* and *buybacks *which are a new property of a loan. It's an optional business stop (obviously). Accounting can be configured to use different GL entries. (Asset transferred GL account is used in financial activity mapping) In order to keep Fineract suitable for anyone, it'll be a new module, called *INVESTOR* Related jira: FINERACT-1926 <https://issues.apache.org/jira/browse/FINERACT-1926> Regards, Mihaly
