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1) Loan repayment :- Rounding off & adding P+I to installment amount:-
Mifos :- Principal and interest are not rounded off(for both decimal are maintained as decimal), then P+I will be added to get = Installment amount(Rounded off).
Ex:- 1054.5+44.5=1099
MifosX :- Principal and interest are rounded off, then P+I will be added to get = Installment amount(Rounded off).
Ex:- 1055+45=1100.
2) The remaining accumulated installment amount should be available at the first repayment or it should be available for the last repayment to match the equal installments.
I have attached screen shot both mifos & mifosX repayment schedule for clarity.
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