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http://mifosforge.jira.com/browse/MIFOS-2878?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=57582#action_57582
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Ryan Whitney commented on MIFOS-2878:
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Comment from Geraldine:
Thanks for giving this some thought. We’ll just exclude them via a single
Credit Officer for now- no worries. I’ll review the request and see if I have
any more suggestions on how to design this. It is something I’ve seen in BR and
Abacus- not sure about LP or Kredits. Basically MFI’s are often forced to write
off after X days as per the central bank but this in no way means that they
stop chasing the money. And then to accurately track the recovery payments you
do kind of need to post against the original written off loan amount.
> Add ability to reverse writing off of a loan in case of later recollection of
> the outstanding amount
> ----------------------------------------------------------------------------------------------------
>
> Key: MIFOS-2878
> URL: http://mifosforge.jira.com/browse/MIFOS-2878
> Project: mifos
> Issue Type: New Feature
> Components: Loan Account
> Reporter: Ryan Whitney
>
> SCENARIO:
> MFI marks loans as being written off for accounting purposes. Even though
> they are written off, the MFI may still take action to collection on the loan
> or if at some point the client in question wants to rejoin, they may pay
> their outstanding balance. For proper accounting, it would be good to
> reverse the loan that's been written off, so they can close the account
> properly.
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