Hmm, I am not sure how that is handled. I think the best thing to do is to test it out on the test server (or on a local one if you have it set up), and see what happens. The other option would be to add the fees to the principal and make the installments based on that. But then, this would mean that the fee would also look like principal in the system which will affect the accounting aspect of it.
Jeff Blue wrote: > Thanks Soham, > > You got the situation right. If we hand calculate and enter a periodic > fee how would Mifos handle early repayment? I assume that paying the > loan off early would avoid some of the periodic fees. We need the total > fee to be paid even if the number of payments is reduced through early > repayment. > > Thanks, > Jeff > > > ------------------------------------------------------------------------- > This SF.net email is sponsored by: Microsoft > Defy all challenges. Microsoft(R) Visual Studio 2008. > http://clk.atdmt.com/MRT/go/vse0120000070mrt/direct/01/ > _______________________________________________ > Mifos-functional mailing list > Mifos-functional@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/mifos-functional > > ------------------------------------------------------------------------- This SF.net email is sponsored by: Microsoft Defy all challenges. Microsoft(R) Visual Studio 2008. http://clk.atdmt.com/MRT/go/vse0120000070mrt/direct/01/ _______________________________________________ Mifos-functional mailing list Mifos-functional@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-functional
