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https://issues.apache.org/jira/browse/FINERACT-258?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Jose Morris updated FINERACT-258:
---------------------------------
    Description: 
We have some loan charges based on taxes that cannot be expressed using current 
Mifos capabilities.

In concret the calculation needs to round up the loan amount to the next 
hundred then apply a factor.

In excel the formula is:
{code}
ROUNDUP([LOAN AMOUNT]/100;)*0.1
{code}

Rigth now we have this charge as a flat value and do the calculation outside 
the system but it would be a lot better if Fineract could handle and expression 
like this.


  was:
We have some loan charges based on taxes that cannot be expressed using current 
Mifos capabilities.

In concret the calculation needs to round up the loan amount to the next 
hundred then apply a factor.

In excel the formula is:
ROUNDUP([LOAN AMOUNT]/100;)*0.1

Rigth now we have this charge as a flat value and do the calculation outside 
the system but it would be a lot better if Fineract could handle and expression 
like this.



> Calculate loan charges using mathematical expressions
> -----------------------------------------------------
>
>                 Key: FINERACT-258
>                 URL: https://issues.apache.org/jira/browse/FINERACT-258
>             Project: Apache Fineract
>          Issue Type: Improvement
>          Components: Loan
>            Reporter: Jose Morris
>            Assignee: Markus Geiss
>              Labels: features
>
> We have some loan charges based on taxes that cannot be expressed using 
> current Mifos capabilities.
> In concret the calculation needs to round up the loan amount to the next 
> hundred then apply a factor.
> In excel the formula is:
> {code}
> ROUNDUP([LOAN AMOUNT]/100;)*0.1
> {code}
> Rigth now we have this charge as a flat value and do the calculation outside 
> the system but it would be a lot better if Fineract could handle and 
> expression like this.



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