Hi Safik, Yes, from version 2.3.x it is possible to use variable installments also for flat rate loans.
Regards, Lukasz On 05/15/2012 05:57 AM, Safik Omara wrote: > I greatly appreciate the existence of the interest calculation is > applied on a daily basis. Interest is accrued interest which must > exist in a lending institution. The question is whether this can be > applied to the calculation of flat rates on a daily basis. > > On May 14, 7:01 pm, Lukasz Chudy<[email protected]> wrote: >> Shiva, >> >> What do you mean by "define the repayment installment manually"? >> >> When you are creating a new Loan with Declining Balance and Variable >> Installments then initial repayment schedule is the same as in normal >> Declining balance, so you don't have to set up dates manually (the only >> difference is that you have possibility to change the initial dates). >> >> Regards, >> Lukasz >> >> On 05/14/2012 01:46 PM, info wrote: >> >> >> >> >> >> >> >>> 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] >>> <mailto:[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 >>>> >>>> ------------------------------------------------------------------------------ >>>> Live Security Virtual Conference >>>> Exclusive live event will cover all the ways today's security and >>>> threat landscape has changed and how IT managers can respond. >>>> Discussions >>>> will include endpoint security, mobile security and the latest in >>>> malware >>>> threats.http://www.accelacomm.com/jaw/sfrnl04242012/114/50122263/ >>>> _______________________________________________ >>>> Mifos-users mailing list >>>> >>>> [email protected]<mailto:[email protected]> >>>> https://lists.sourceforge.net/lists/listinfo/mifos-users >>> -- >>> *Regard,* >>> *HT Team* >>> /*www.hugotechnologies.com<http://www.hugotechnologies.com>*/ >>> Phone : +91 40-65141823 | Skype: hugo.technologies >> >> >> ------------------------------------------------------------------------------ >> Live Security Virtual Conference >> Exclusive live event will cover all the ways today's security and >> threat landscape has changed and how IT managers can respond. Discussions >> will include endpoint security, mobile security and the latest in malware >> threats.http://www.accelacomm.com/jaw/sfrnl04242012/114/50122263/ >> >> _______________________________________________ >> Mifos-users mailing list >> [email protected]https://lists.sourceforge.net/lists/listinfo/mifos-users > ------------------------------------------------------------------------------ > Live Security Virtual Conference > Exclusive live event will cover all the ways today's security and > threat landscape has changed and how IT managers can respond. Discussions > will include endpoint security, mobile security and the latest in malware > threats. http://www.accelacomm.com/jaw/sfrnl04242012/114/50122263/ > _______________________________________________ > Mifos-users mailing list > [email protected] > https://lists.sourceforge.net/lists/listinfo/mifos-users > ------------------------------------------------------------------------------ Live Security Virtual Conference Exclusive live event will cover all the ways today's security and threat landscape has changed and how IT managers can respond. Discussions will include endpoint security, mobile security and the latest in malware threats. http://www.accelacomm.com/jaw/sfrnl04242012/114/50122263/ _______________________________________________ Mifos-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/mifos-users
