[Mifos-issues] [JIRA] (MIFOSX-296) Kenyan Central Bank or Musoni Specific Transaction Processing Strategy

Mon, 15 Apr 2013 16:04:34 -0700

Change By: keithwoodlock (15/Apr/13 4:03 PM)
Description: Musoni create loan schedules that have installments that use grace on both principal and interest e.g. Its typical to have The transaction processing strategy is  a  loan with a repayment schedule where  typical 'point of change' in  the  first two installments have zero  system  for  the principal  MFIs. It differs from MFI to MFI  and  interest components  region to region .

Our approach at present is to implement the 'transaction processing strategy' as is required by MFI/Country regulations

Its concerns:

    payment order of components of repayment installment
    how to handle early/late repayments and how to define early/late repayments
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