[
http://mifosforge.jira.com/browse/MIFOS-5027?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=67770#comment-67770
]
keithwoodlock commented on MIFOS-5027:
--------------------------------------
Lukasz,
Yes, sorry, got a bit confused over functionality again. its adjusting the date
of all installments based on number of days in difference for the early/late
disbursal.
I cannot replicate what you are seeing: below are result of an early
disbursement showing that the installments are recalculated correctly.
Application Approved
Disbursal date: 23/07/2011
Purpose of Loan: 0000-Animal Husbandry
Future Installments
1 20-Aug-2011 - 163.3 7.7 0.0 171.0
2 20-Sep-2011 - 164.0 7.0 0.0 171.0
3 20-Oct-2011 - 165.6 5.4 0.0 171.0
4 21-Nov-2011 - 166.7 4.3 0.0 171.0
5 20-Dec-2011 - 168.5 2.5 0.0 171.0
6 20-Jan-2012 - 171.9 1.2 0.0 173.1
=====
Active in Good Standing
Disbursal date: 08/06/2011
Purpose of Loan: 0000-Animal Husbandry
Future Installments
1 06-Jul-2011 - 163.3 7.7 0.0 171.0
2 06-Aug-2011 - 163.9 7.1 0.0 171.0
3 05-Sep-2011 - 165.5 5.5 0.0 171.0
4 07-Oct-2011 - 166.6 4.4 0.0 171.0
5 05-Nov-2011 - 168.3 2.7 0.0 171.0
6 06-Dec-2011 - 172.5 1.5 0.0 173.9
Although I think there might be a problem difference between the days between
disbursement and first installment in original loan and 'early disbursed loan':
Read on although if this is a problem, we should create another issue for it.
As a user, when I am creating a loan account (with LSIM on) I decide that all
installments should fall on say 20th of the month like the example above i
mentioned.
So when I create the 'loan for approval' and indicate it is to be dibursed to
the party on the 27 of July, the schedule that is automatically generated and
presented to user is a monthly loan schedule starting from 20th of August with
each installment falling on the 20th.
The user can/could of adjusted this schedule to anything they liked for
variable installments which makes the whole notion on repayment day for this
type of loan product redundant. (confusing item 1)
Once the loan/loan schedule is approved, it is available for disbursal.
In the case where disbursal occurs on a different day than intended, the idea
is to adjust each 'installment due date' by the number of days in the
difference. (presumedly to preserve gaps between installments and hence
interest calculation etc but what if thats not what the user wants? maybe they
really want the installments to fall on certain days of month in certain month
of year and dont want installments to be re-adjusted: confusing item 2)
So in the case above, instead of disbursing on 27th of july, i disburse the
loan on the 8th of june, the first installment due orginally was 20 August but
after early disbursal is now 04-Jul-2011
Possible problem?
=============
27th July - 20th August is 24days
08th June - 04th July is is 26 days? 24days from 8th of june should of fell on
saturday 02th July? (i checked details on test server and working days were:
Working days: Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, and there
was no holiday falling in july?)
> Dates are not properly moved after changing disbursal date when Repayment day
> is set as 'Day 1 of every 1 month (s)'
> --------------------------------------------------------------------------------------------------------------------
>
> Key: MIFOS-5027
> URL: http://mifosforge.jira.com/browse/MIFOS-5027
> Project: mifos
> Issue Type: Bug
> Components: Loan Account
> Affects Versions: Release 2.1, Release 2.1.3, Release G
> Reporter: Lukasz Chudy
> Assignee: Lukasz Chudy
> Priority: Major
> Fix For: Unscheduled
>
>
> Dates are not properly moved after changing disbursal date when Repayment day
> is set to 'Day 1 of every 1 month (s)'.
> Repro:
> 1. Login to Mifos.
> 2. Go to 'Clients & accounts' tab and click on 'Create new Loan account' link.
> 3. Select any client with weekly meetings and select monthly loan product
> with variable installments.
> 4. On 'Enter Loan accunt information' page, fill all necessary data and leave
> disbursal date set by default to next meeting date (31.05.2011) and set
> Repayment day as 'Day 1 of every 1 month (s)'.
> 5. Click 'Continue' button.
> 6. On 'Review installments' page, check dates in schedule (all dates are on 1
> day of every month and first installment date is 01.06.2011).
> 7. Click preview button and then Submit button.
> 8. Approve Loan and click on 'Disburse loan' link.
> 9. Set disbursal date to today's date (26.05.2011).
> 10. Submit disbursal.
> 11. View repayment schedule and check Due dates.
> Expected result:
> First installement date is 27.05.2011 (moved because of changed disbursal
> date) and the rest of dates are appropriate.
> Actual result:
> First installement date is 27.06.2011.
> Second installment date is 09.07.2011.
> Third installment date is 28.07.2011.
--
This message is automatically generated by JIRA.
For more information on JIRA, see: http://www.atlassian.com/software/jira
------------------------------------------------------------------------------
EditLive Enterprise is the world's most technically advanced content
authoring tool. Experience the power of Track Changes, Inline Image
Editing and ensure content is compliant with Accessibility Checking.
http://p.sf.net/sfu/ephox-dev2dev
_______________________________________________
Mifos-issues mailing list
[email protected]
https://lists.sourceforge.net/lists/listinfo/mifos-issues
