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https://issues.apache.org/jira/browse/FINERACT-1801?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Mihaly Dallos closed FINERACT-1801.
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> Configuration for Arrears and Delinquency
> -----------------------------------------
>
> Key: FINERACT-1801
> URL: https://issues.apache.org/jira/browse/FINERACT-1801
> Project: Apache Fineract
> Issue Type: New Feature
> Reporter: Mihaly Dallos
> Assignee: Mihaly Dallos
> Priority: Major
>
> {panel}
> As a user
> I should be able to configure the display of overdue calculation based on the
> old logic and new logic
> in order to have an accurate overdue display and calculation for the
> organization as per their business needs
> {panel}
> *Background and details:*
> By default Fineract has Arrears calculation that calculates the overdue
> amount and date based on the old logic(i.e by not considering the chargeback
> transaction)
> New Delinquency calculation that calculates the ‘overdue amount’ and
> ‘overdue since date’ with new logic (i.e by considering the chargeback
> transaction)
> Any organization would follow either the new logic or Old logic( arrears or
> Delinquency) and hence need an option to configure one of the calculations to
> be defaulted to be displayed
> {panel:title=Out of scope}
> * Penalty calculation
> Since penalty calculation happens on the installment date, it is good to not
> to calculate penalties charges as per the new logic( that is considering
> chargeback date to be considered for penalty)
> * Interest recalculation and compoudning
> Since Interest recalclcation and compounding depends on installment date, it
> is not required to include chargeback transction for this.
> {panel}
> {panel:title=Acceptance criteria}
> # User should have a configuration to select delinquency calculation or
> Arrears calculation as per their needs
> # Based on the selection, system should return the loan status color (overdue
> or not)
> # {panel}
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