*Delays in applying penalties .. little correction in above mail. :)

On Mar 9, 2017 7:35 PM, "Santosh Math" <sant...@confluxtechnologies.com>
wrote:

> Hi Lionel,
> In my opinion, I don't like to consider it's bug (but still it is) as  I
> would like to be bit soft-corner when it comes to penalties in MFIs. :) .
> It must be fixed, nonetheless.
>
> Regards
> Santosh
>
>
> On Mar 9, 2017 7:03 PM, "Lionel Raymundi - Poincenot" <
> lio...@poincenot.com> wrote:
>
>> Hi Santosh!
>>
>> Ok, thanks for your answer.
>> I have created https://issues.apache.org/jira/browse/FINERACT-418. When
>> you
>> said "enhancement" did you mean i should create the ticket on JIRA as
>> "Improvement"?
>> or is it a bug?
>>
>>
>>
>> El 8 mar. 2017 11:45 p. m., "Santosh Math" <santosh@confluxtechnologies.c
>> om>
>> escribió:
>>
>> > Hi Lionel,
>> > Sorry for delayed reply. I reproduced your issue. You can rise Jira as
>> > enhancement.
>> >
>> > Thanks
>> > Santosh
>> >
>> > On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
>> > lio...@poincenot.com>
>> > wrote:
>> >
>> > > Hi guys,
>> > >
>> > > We have noticed that penalty charges are being generated one day late
>> for
>> > > some cases. For example:
>> > > .- Lets suppose the due date of an installment is on march the 5th.
>> > > .- Overdue penalty is configured as 1% of installment interest,
>> charged
>> > > daily.
>> > > .- System configuration has Grace on Penalty posting = 0 and
>> > > penalty-wait-period = 0
>> > > .- Run the Apply penalties to Overdued Loans job.
>> > > .- Today is march the 7th, so I would expect to see penalties on that
>> > > installment on the repayment schedule considering the following:
>> > > a) Client didn't pay On march 5th. One penalty charge should be
>> > generated.
>> > > b) Client didn't pay On march 6th. Two penalty charges should be
>> > generated.
>> > >
>> > > .- I would also expect to see the charge generated with due as of
>> date 05
>> > > and 06 March 2017 under "Charges" tab. But I only see one penalty, as
>> of
>> > > 05.
>> > >
>> > > https://demo.openmf.org/#/viewloanaccount/748
>> > >
>> > > A shorter version of this would be: If I run the job on the N day, y
>> > would
>> > > expect to see charges until N-1 (the day before N). But I see only
>> > charges
>> > > generated until N-2 (Two days before).
>> > >
>> > > I know that maybe the tenant timezone and the computer where fineract
>> is
>> > > running the demo version can be different, but I tested it on my local
>> > > environment with all timezones set correctly and noticed this
>> behaviour.
>> > Is
>> > > this a bug or is it working as expected?
>> > >
>> > > Let me know if I was not clear enough...
>> > >
>> > > Thanks
>> > >
>> > > Lionel
>> > >
>> >
>>
>

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