Thanks for highlighting this upcoming contribution by our leading contributors .
We should also make sure that documentation around this makes it into the asciidocs. James On Thu, Sep 7, 2023 at 2:28 PM Mihály Dallos <mihaly.dal...@dpc.hu> wrote: > Dear Community! > > We are about to make a huge step forward in making Fineract customizable. > We have started to work on a brand new payment allocation method. It is > going to be independent from the previous ones. It has to as it will allow > full customisation! > > How does it going to work? > When you choose Advanced payment allocation you will be able to define in > what order payments will be used. What does client pays off first... > charges? principal? Past due or current? It'll be up to you. You will be > able to set it differently for *each transaction type*! > The meanwhile we introduce furter customisation when future obligations > are payed. Will it be the last one getting your loan shorter? ... or > distributed amongst instalments? It will be up to you. > > Beware that this is going to be such a powerful improvement that the days > of the current payment strategies may get counted! > > If you wish to follow the development or you would leave a comment you can > with the Fineract issue FINERACT-1968 > <https://issues.apache.org/jira/browse/FINERACT-1968> > > Enjoy! > > Mihaly >
