[ 
https://issues.apache.org/jira/browse/FINERACT-2354?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
 ]

Adam Saghy updated FINERACT-2354:
---------------------------------
    Fix Version/s: 1.14.0
                       (was: 1.13.0)

> Re-aging for Interest bearing products
> --------------------------------------
>
>                 Key: FINERACT-2354
>                 URL: https://issues.apache.org/jira/browse/FINERACT-2354
>             Project: Apache Fineract
>          Issue Type: New Feature
>    Affects Versions: 1.12.1
>            Reporter: Adam Saghy
>            Assignee: Adam Saghy
>            Priority: Major
>             Fix For: 1.14.0
>
>
> h3. Re-Aging Requirement Details
>  # Allow re-aging from any date of loan cycle.
>  # Re-aging date should not be before the last repayment date.
>  # Charge-back interest and Principal amount of previous will be split 
> accordingly.
>  # Can be applied on charge-off loan account as well.
>  # N+1 Installment amount will be adjusted as part of reverse replay.
>  # Backdated repayment or reversal are allowed- re-aging will be reversed and 
> replayed accordingly.
>  # Re-aging can be reversed - until it is the latest transaction on the loan.
>  # Charges/fees with due-date after the re-age date will be waived off.
>  # Charges/fees with due-date before the re-age date will be split equally 
> among new installments.
>  # The charge/fees equal split is applicable for non-interest bearing loans 
> as well(previous implementation on charge handling to be changed)
>  # Down-payment amounts will not have any impact from re-aging
>  # Partial Paid amount on the installments before re-aging will remain as is, 
> only unpaid amount will be re-aged.



--
This message was sent by Atlassian Jira
(v8.20.10#820010)

Reply via email to