This feature is still under development. I think the final version of Mifos 
2.3(Release H) will have all the features
The milestone 4 version of Mifos 2.3 has just the late fee/penalty definition 
features. As part of the full feature, you will have a batch job which we will 
calculate the late fee.
As part of the release process, the most recent stable version ( milestone) 
gets released every week. 
 
Please see the functional specification link below

http://mifosforge.jira.com/wiki/display/MIFOS/Functional+Spec+Automatic+Application+of+Late+Payments+Penalties

Thanks
Chetan 


-----Original Message-----
From: Safik Omara [mailto:[email protected]] 
Sent: Monday, February 13, 2012 2:14 PM
To: [email protected]
Subject: [Mifos-users] How do I implement an automatic late fee

okay, arrangements have been made and the batch job status has
changed. Now
How to apply a late fee, calculated daily from the due date with the
latest release of this mifos.
How do I implement an automatic late fee which is calculated from the
due date of installment payments in the calculation.
Thank you very much.

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