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https://issues.apache.org/jira/browse/FINERACT-1968?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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James Dailey updated FINERACT-1968:
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Fix Version/s: 1.10.1
> Configurable payment allocation
> -------------------------------
>
> Key: FINERACT-1968
> URL: https://issues.apache.org/jira/browse/FINERACT-1968
> Project: Apache Fineract
> Issue Type: New Feature
> Reporter: Mihaly Dallos
> Assignee: Mihaly Dallos
> Priority: Major
> Labels: PepperSoup
> Fix For: 1.10.0, 1.10.1
>
>
> h3. Background:
> Provide customizable payment allocations by payment type, configurable across
> loan products
> h3. Details
> Payment allocation should be configurable at the transaction type level.
> It remains the same for all sub-payment types of the transaction types
> Each Loan product can have its own advanced payment allocation configuration
> options (mentioned below)
> Payment allocation rule changes to the loan product will affect only the new
> loan accounts created after. - existing loans will honor the old rules
> future allocations already done to the installment will not have any impact
> during the reverse replay or future repayments
> h4. Main Allocation rule (Installment Level)
> ||Options||Sub options||
> |Past Due Installment|No Option - always from the oldest Installment|
> |due Installment|No option - only current due installment(when transaction
> date is same as due date)|
> |Future Installments| * O1: From Next Installment
> * O2: From last Installment
> * O3: Re-Amortize to future Installments(will only allocated to principal
> portion of installments)|
> h4. Secondary Allocation rule
> ||Options||
> | * Penalties
> * Fees
> * Principal
> * Interest |
>
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