Dear Mifos users,

I am attaching the link below for the functional specification of the 
functionality related to transferring amounts from the savings account to make 
loan and fee payments. Kindly request you to review the same and let me know 
your comments.

http://mifosforge.jira.com/wiki/display/MIFOS/Transfer+from+Savings+account+for+loan+repayments+and+fee+payments

A few points to note here


1.       Currently we are focusing only on payments for loans by using the 
savings account balances. We will take up the savings to savings account 
transfer in the next phase.

2.       Transfer of payments is currently being considered from one savings 
account only.

3.       To make the functionality complete, we ideally need to provide the 
payment option in collection sheet as well. However given that the collection 
sheet modification is a big change, I propose that we take up this change as a 
phase 2 when we modify the larger functions associated with  Collection sheet. 
However if there is a strong need to include this payment option in the 
collection sheet as well ,  I can work on adding those use cases to the specs 
in parallel to the development efforts

4.       Can someone with greater knowledge on the accounting implications of 
this functionality review the accounting /transaction related use cases? I want 
to be sure this has been captured appropriately in the specs.

Comments/suggestions on this specification are welcome. I want this spec 
development to be a community effort and hence request the members to provide 
inputs. Kindly request you to revert back to me with comments/suggestions 
latest by Wednesday 11th April 8pm IST  so that we can incorporate all the 
suggestions and move this feature to development phase at the earliest.

Thanks
Chetan

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