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http://mifosforge.jira.com/browse/MIFOS-5393?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Chetan Bekkinkeri updated MIFOS-5393:
-------------------------------------
Implementation Priority: Must
> Payments which are made by the group should be pro-rated across the repayment
> schedules of the individual members
> -----------------------------------------------------------------------------------------------------------------
>
> Key: MIFOS-5393
> URL: http://mifosforge.jira.com/browse/MIFOS-5393
> Project: mifos
> Issue Type: New Feature
> Components: GLIM
> Reporter: Lukasz Chudy
> Priority: Major
> Fix For: Unscheduled
>
>
> Payments which are made by the group should be pro-rated across the repayment
> schedules of the individual members.
> Reason required: Information for clients. Clients often request statements
> that specify the amount of the loan that has been repaid, the amount
> outstanding, and how those amounts break down across the group members.
> Workflow:
> 1) Loan repayment is made, and details are entered into system for the group
> loan via the "Apply payment" function
> 2) Payment made to group is then applied pro-rata across the individual loan
> schedules for the group loan. Any shortfall of payments are applied pro-rata
> as well. Interest for late payment is shared equally across the group
> members, and not pro-rated.
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