Ok, I created it as improvement :)

I think we can work on this issue and create a PR for you to check it.
Just to be sure, if we make the fix it would apply to every loan... or do
you want it to be configurable somehow?

Anyway, I think the configuration is via the two properties Grace on
Penalty posting and penalty-wait-period, so it would be ok if the fix
applies to all loans.
I mean, if penalty-wait-period = 2, I would expect to see penalties up to 3
days before the date the job was run, but right now I see up to N-4

Thanks again,

Lionel




2017-03-09 11:08 GMT-03:00 Santosh Math <sant...@confluxtechnologies.com>:

> *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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