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https://issues.apache.org/jira/browse/FINERACT-2063?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=17825670#comment-17825670
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Francis Guchie edited comment on FINERACT-2063 at 3/12/24 1:08 PM:
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[~kigred.developer] [~ikimbrah]
This is what I have observed for a long time, and a PR will go a long to solve
the issue
Ideally the cron job should
* consider total amounts not yet paid,
* apply the payment using the repayment strategy set in the product setting of
the loan in question
* In the order provided by the repayment strategy
was (Author: francisguchie):
[~kigred.developer] [~ikimbrah]
This is what I have observed for a long time, the cron job should
* consider total amounts not yet paid,
* apply the payment using the repayment strategy set in the product setting of
the loan in question
* In the order provided by the repayment strategy
> Enable repayment of overdue installments
> ----------------------------------------
>
> Key: FINERACT-2063
> URL: https://issues.apache.org/jira/browse/FINERACT-2063
> Project: Apache Fineract
> Issue Type: Improvement
> Components: Loan
> Affects Versions: 1.9.0
> Reporter: Kigenyi Wilfred
> Priority: Minor
> Fix For: 1.10.0
>
>
> Currently the standing instruction task will only execute a transfer if the
> loan installment in question is for the exact date as the date on which the
> task is running. This means that if for example a client had an installment
> due for the day before (or several days before), that installment will not be
> settled if the client deposits funds on his savings account today or the next
> day.
> The thinking is that installments should be settled as longs as they are not
> in the future, that is if the are today or they are overdue.
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