Hi devs, According to our business definition, we should charge penalties for unpaid overdued installments as follows:
Every overdue day, charge (installment capital) * (daily interest rate * 1.5) I know I can configure the penalty as "percentage of amount". The problem is that I cant set a fixed value on "amount", as it depends on the loan's nominal interest rate (which is not the same for every loan). I am attaching an image of the intended calculation. I was thinking on developing a new Charge Calculation type as "% Amount * Interest rate". By doing this, the amount is still fixed, but the base for the calculation would allow me to do what I need. Is this the only way or is there a better solution? Thanks in advance Lionel
