Jose Alberto Hernandez Maldonado created FINERACT-843:
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Summary: Mifos Calculation of reinstallment day
Key: FINERACT-843
URL: https://issues.apache.org/jira/browse/FINERACT-843
Project: Apache Fineract
Issue Type: New Feature
Components: Loan
Affects Versions: 1.3.0
Reporter: Jose Alberto Hernandez Maldonado
Fix For: 1.3.0
Attachments: 01__Terms_Settings.png, 02__Schedule.png
Problem
How to configure a Loan with 2 specific installments in a Month.
# The first one occurs every 15th oh the Month.
# The Second must occurs the last day of the Month.
Solution
We detect two cases:
If the date is before 15th day, then the next is (fixed) to the 15th day of the
current month,
Else If the date is after 15th day, then the next date will be end of month
(calculated) with the java LocalDate method class.
* In both cases, as Mifos X applies the Business rule for no working days.
Finally we defined a new EnumType called SemiWeeks for that case
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