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Change By:
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Vishwas Babu A J
(11/Mar/13 9:58 PM)
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Description:
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This posting scenario is a must for loans involving interest recalculation
.
The accrued interest shall be posted using an automated job at the beginning of the day when a repayment is due.
We would also need a way of manually triggering this event at a point in time (bulk options
can
should
also be provided so that organizations can choose to post all accrued interest at end of a month, year etc if required).
Making a repayment on non repayment days would also automatically post the accrued interest as on day
Scenarios like backdated entries also need to be handled
This
method
issue
is
possibly
out of scope for
the current issue and possibly
Q1 release (to be fleshed out in more detail
and to be taken up as a separate issue
before starting work on the same
)
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