Mifos Users,
The community is coming together in strong force. One of the oft-requested
features they are currently tackling is the need for automated late
fees/penalties.
SolDevelo will be taking on development of this feature for the next major
release, Release H. Chetan from SunGard Technology Services in India (cc'd
on this email) is going to be consolidating requirements and drafting a
clear functional specification.
There are many variations in which the MFIs assess, accrue, and collect
fees/penalties for being late so we want to build the feature to be as
comprehensive as possible while minimizing complexity.
Currently inputs are being tracked through this issue -
http://mifosforge.jira.com/browse/MIFOS-3384. We'll also have a wiki page
up soon for the functional spec.
Any users who will be using this feature, please share your processes and
requirements for assessing late penalties by commenting on the issue,
responding to this thread, or attaching a requirements document to the
issue.
Thanks,
Ed
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