Title: Message Title
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Updating this issue to represent different types of recurring fees we want to support:
1. Charge definition should support the fee 'recurring' every installment with due date matching installment due date
2. Charge definition should support the fee 'recurring' monthly on a given date (the date needs to be indicated when defining the charge
Auguste ( burudi burundi partner) requires the follwing from charges on savings accounts :
'.. MFI has requested is that Regarding, the fee recurs based on time and corresponding GL we have different types of fees and each should be associated with a specific GL account, the same way a payment type ( Monthly cash,cheque ) on is associated with a specific date of course GL account .. . '
Esther (uganda partner):
CEDA microfinance pass on the cost of bank fees to the loan. This is typically a fixed amount At present we support this for each installment in the loan.
so 12 installments x 1500Ush = 18,000Ush
So in the system, need to be able to define a charges that is a 'fee' loans and is due should also replicate the same approach for collection 'per installment' savings accounts for a flat amount (1,500Ush)
If the loan was re-structured in the future, the bank fees would correspond to the number of installments in re-structured loan consistency.
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