Hello Chetan,
This is the apportionment of receipts.
Changing this has far-reaching effects since it directly affects revenues.
Certain constraints are also applicable: if this is changed, it must apply
uniformly across the organization. Furthermore, i think that such changes
are subject to auditor's approval, and therefore, cannot be changed during
the course of a single accounting period. Do we have something that already
documents this?
regards,
krishnan
On Wed, Feb 8, 2012 at 3:07 PM, <[email protected]> wrote:
> Thomas,
>
> As far as I know, this is something fixed in Mifos and modifying this
> requires a code change. There was a discussion around making this a
> configurable feature but I do not think that has been incorporated as yet.
>
> Will you raise a JIRA ticket so that we can prioritize this for the next
> releases ?
>
> Thanks
> Chetan
>
>
> -----Original Message-----
> From: Thomas (Uganda) [mailto:[email protected]]
> Sent: Wednesday, February 08, 2012 2:55 PM
> To: [email protected]
> Subject: [Mifos-users] Change Mifos Loan Repayment Flow
>
> Hi, I understand when a payment is made in Mifos it first deducts (1)
> Penalty, (2) Fees, (3) Interest due , and then (4) Capital /
> Principle
>
> However i would like to first recover the 1. Capital / Principal, then
> 2. Interest, then 3.Fees and lastly 4. Penalty
> Is it possible for me to change to this flow, because in practice this
> seems the norm and a Client insists to have it so, if its possible.
>
> Regards Thomas
>
>
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--
Regards,
Krishnan M
India, skype: krishnanm75
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