Great question Aleks, It's* not *going to be ... On Thu, Sep 7, 2023 at 6:12 PM Aleksandar Vidakovic < chee...@monkeysintown.com> wrote:
> ... is this a feature that's going to be included in the upcoming 1.9.0 > release? > > > On 07/09/2023 14:28, Mihály Dallos 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 > >
