Catching up on old mail...
If I understand this I think this is working as it should
1. It should not be a trapdoor setting in case the MFI decides to change their
policies later.
2. It should only affect accounts going forward. Once you've created a loan
and published that to the customer, you wouldn't want it to change just because
you changed the rounding rules. So in that sense, that was the right behavior,
that it only changed it once a fee was added to the loan, etc.
Ryan
On May 17, 2011, at 4:38 PM, Kay Chau wrote:
> 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, 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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