Hi Gayl, that's correct that loan fees are part of the loan amount in the collection sheet. Another reason it is in there and not in A/C is because when you apply a payment for your loan, your loan fees get paid off first, then interest then principal, so it makes sense to group them together since it's essentially one payment that mifos then allocates in a preset order.
Kay > -----Original Message----- > From: Gayl Kennedy [mailto:gaylkenn...@gmail.com] > Sent: Monday, October 25, 2010 7:00 AM > To: A good place to start for users or folks new to Mifos. > Subject: Re: [Mifos-users] Question about entering in fee data in > Collection Sheet Entry > > Thanks John, as we only use fees for loans that would explain why it > is always zero for us. I would have thought since it is used on the > collection sheet UI for entering loan and savings payments it should > include loan fees also and not just show the fee with the principle > and interest but maybe other MFIs allow concurrent loans in which case > if they had all fees in the A/C column it could be confusing to know > which loan to apply the fee to... > G > > On 25/10/2010, John Woodlock <john.woodl...@gmail.com> wrote: > > Hi Gayl, > > > > I'm not aware of problems in 1.6.1 with the a/c column... if there > are fine > > but here's what the column is used for (from my development > interaction with > > it) > > > > The A/C column is to show any upfront and periodic fees as well as > > miscellaneous fees and charges due for clients, groups and/or > centers. Not > > for loans though. > > > > > > John > > > > On Mon, Oct 25, 2010 at 10:41 PM, Gayl Kennedy > <gaylkenn...@gmail.com>wrote: > > > >> That is interesting as we never see anything but zero in that > column. > >> Does it depend on how the fees are defined esp when they are to be > >> paid? Let me know if this is a bug in v1.6 and I will log it if so. > >> thanks Gayl > >> > >> > > > > ----------------------------------------------------------------------- > ------- > Nokia and AT&T present the 2010 Calling All Innovators-North America > contest > Create new apps & games for the Nokia N8 for consumers in U.S. and > Canada > $10 million total in prizes - $4M cash, 500 devices, nearly $6M in > marketing > Develop with Nokia Qt SDK, Web Runtime, or Java and Publish to Ovi > Store > http://p.sf.net/sfu/nokia-dev2dev > _______________________________________________ > Mifos-users mailing list > Mifos-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/mifos-users ------------------------------------------------------------------------------ Nokia and AT&T present the 2010 Calling All Innovators-North America contest Create new apps & games for the Nokia N8 for consumers in U.S. and Canada $10 million total in prizes - $4M cash, 500 devices, nearly $6M in marketing Develop with Nokia Qt SDK, Web Runtime, or Java and Publish to Ovi Store http://p.sf.net/sfu/nokia-dev2dev _______________________________________________ Mifos-users mailing list Mifos-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-users
