Dear Lukasz
But it is difficult for users to define the repayment installment manually.
It is better to bring this change in product.
Thanks
Shiva
On Mon, May 14, 2012 at 4:38 PM, Lukasz Chudy <[email protected]> wrote:
> Hi Shiva,
>
> Maybe you can use Loans with Declining Balance and Variable Installments?
>
> In Declining Balance with Variable Installments products, the daily rate
> of interest is used whereas in typical declining balance, the interest is
> calculated based on the frequency of the loan (monthly or weekly).
>
> Regards,
> Lukasz
>
>
> On 05/11/2012 02:30 PM, HugoTechnologies wrote:
>
> Dear Team
>
> Our customers wants the interest calculation by applying no. of days in
> a month. By default mifos calculates the interest on monthly basis.
> Please find the calculation in attached document.
>
> Let us know if this is feasible or not.
> Early response is highly appreciated.
>
> Thanks
> Shiva
>
>
>
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*HT Team*
*www.hugotechnologies.com*
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Exclusive live event will cover all the ways today's security and
threat landscape has changed and how IT managers can respond. Discussions
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