Lukasz,
Forwarding your email to the user list since I think it's relevant to
others.
>From the functional point of view, I think that these settings should be
limited to trapdoor settings (can't change after initial configuration)
so as not to have this confusion and difference in repayment schedules.
I also think it's unlikely to want to change this. Can others comment
on this and if it's needed to change this setting after initial
configuration?
Kay
From: Lukasz Chudy [mailto:[email protected]]
Sent: Friday, May 27, 2011 7:33 AM
To: Kay Chau
Subject: Rounding issue
Hi Kay,
While I was testing issue MIFOS-4960
<http://mifosforge.jira.com/browse/MIFOS-4960> , I've noticed that after
changing setting from AccountingRules.InitialRoundOffMultiple=0.1 to
AccountingRules.InitialRoundOffMultiple=1, not all accounts and its
repayment schedules were updated. For account which are created when
AccountingRules.InitialRoundOffMultiple was 0.1, rounding rules are
updated only after applying fee etc. So, what do you think about that?
Is it a bug? I think that maybe it will be good to have batch job which
will be responsible for updating rounding rules for every account in
Mifos?
Another thing is that after changing setting
'AccountingRules.InitialRoundOffMultiple' and when some installments
have been already paid, then it is not possible to update repayment
schedule with the changed rounding rule. When i was trying to apply
charge, then this message appears: "Applying this charge is currently
not supported since it would require recalculating the loan schedule
after payments have been made." So, don't you think that it is a missing
Mifos functionality and it should be reported as an improvement?
Thanks,
Lukasz
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