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https://issues.apache.org/jira/browse/FINERACT-1958?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Mihaly Dallos closed FINERACT-1958.
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> Down payment
> ------------
>
> Key: FINERACT-1958
> URL: https://issues.apache.org/jira/browse/FINERACT-1958
> 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
>
> Attachments: Screenshot 2023-11-06 at 12.22.50.png
>
>
> {panel}
> *As a* user
> *I want to* be able to configure the down-payment option for the
> disbursements at the loan product level
> *in order to* collect the down-payment amount at the time of disbursement.
> {panel}
> h4. *Background and details:*
> Based on the loan product configuration it should be possible to collect same
> day payment as the first instalment.
> It should allow to collect multiple down payments for multiple disbursements
> of the same account.
> *Notes/Assumptions*
> # Down-payments are similar to Instalments in the system where amount
> allocations, repayment fulfilment works same as Instalment
> # Down-payment will be treated as an Instalment during calculation of
> overdue, arrears and delinquencies
> # When Payment allocation is introduced - repayment on down-payments will
> follow as per the new allocations
> # Specified due-date charges when added will be allocated to the next
> down-payment or instalment
> # When the second disbursement is reversed - the down-payment also will be
> reversed
> # It will be possible to reschedule the down-payments same as Instalments
> # Down-payment once enabled for loan product- it will be applied for all
> loan accounts of that product and all disbursements of those loan accounts
> # Down-payment % once defined at the loan product - the same % will applied
> to all disbursements of those loan accounts
> # Charge-back if applied on one of the repayments - the charge-back amount
> will be added to the next down-payment or Instalment which ever is next
> {panel:title=*Acceptance criteria*}
> # As a user I should be able to configure the down-payment option at the
> loan product level
> ## Down-payment can be configured to be collected at %[ ] amount of
> disbursement amount
> ## Option to collect down-payment automatically or should be collected
> manually by the user should be available (automatic repayment of down-payment
> [V] ){panel}
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