Hi Emily/Aliya,
A new issue has risen related to the" loan schedule independent of meeting
schedule" feature.
When defining the loan account attributes, the MFI could choose to deduct
interests at disbursement. If this attribute is set to "ON" for a product
instance, the first repayment date is the same as the loan disbursement date.
However, the new feature we developed allows a disbursal date different from a
repayment day. Two issues to study:
* Consider that the first repayment date is the same as the loan
disbursement date: The problem is that min and max between the two dates
wouldn't have sense anymore, and the loan schedule start date would not be
aligned with the repayment day
* Consider the loan schedule start date as the first repayment date from
the date of disbursal: The problem is that the attribute "interest deducted at
disbursement" wouldn't have any impact whether set to "ON" or "Off".
Would you please study this case and provide us with more clarifications and
suggestions.
Best regards.
_____________________________________________________________________
Mss Nesrine MADHKOUR
Finance Solutions Consultant
OXIA
OXIA is ISO 9001 V2000 certified company - AFAQ QUAL/2005/25140
11, Rue Claude Bernard
1002 Tunis Belvédère
Tunisia
Tel.: +216 71 28 27 00
Fax: +216 71 28 27 05
[EMAIL PROTECTED]
Skype : NesrineMadhkour
www.oxiasoft.com <http://www.oxiasoft.com/>
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