I can touch on your other questions
2. There is no bulk reversal, you would have to do each one
3. Savings adjustments requires changing what you made. If you want to
totally remove it, you would enter in 0 for the replaced amount (although
there is a bug with Mifos 1.5 that doesn¹t allow it, but its fixed with
Mifos 1.6). The workaround is to make a withdrawal, although I believe
that¹s not ideal for accounting reasons.
Ryan
On 7/16/10 13:09, "Geraldine O'Keefe" <[email protected]> wrote:
> Hi
>
> I have a few questions about how to handle corrections/ reversals to postings
> on Mifos
>
> 1. What is the best way to apply a correction to an account which has had
> a misposting? I¹ve seen that there is an adjustment option but understand that
> this can only reverse the last posted transaction. What happens if a mistake
> is found with a previous posting? Do I need to use the redo loan¹ option for
> this?
>
>
>
> 2. If I post via the collection sheet and realize that this posting was
> incorrect, do I need to reverse each transaction individually or is there some
> way to reverse all of the transactions posted with the same bulk entry.
>
>
>
> 3. If I make a mistake with a savings deposit it seems like the only
> option is to modify the entry made, and not actually reverse it. would I
> therefore need to post a withdrawal to effect the reversal?
>
>
>
> 4. What options are available for reversing charges? I see that apply
> adjustment exists but it doesn¹t pick the last transaction posted.
>
>
>
> 5. Are there any other restrictions on deadlines for reversal? Ie. Can I
> reverse at any point of time into the future or is it not possible say after
> the next group meeting date.
>
>
>
>
> Thanks for your inputs.
>
> Geraldine
>
>
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--
Ryan Whitney
Mifos Technical Program Manager
[email protected]
Mifos - Technology that Empowers Microfinance (www.mifos.org)
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