Hi Lionel,
 You are right. It must be applied to all loans as there are already two
configurations

Thanks
Santosh

On Mar 9, 2017 7:57 PM, "Lionel Raymundi - Poincenot" <lio...@poincenot.com>
wrote:

> 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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