Hi Team

I understand when a person makes a loan payment in mifos, Penalty is
deducted first, then Fees, Then Interest and Lastly Principle..

However 2 MFIs I have talked to say it is actually supposed to be the
other way round Principle paid off first, then Interest, then Fees,
and Lastly Penalties

My Question is could we possibly have this as a configuration setting
as per the MFIs order of deductions.

------------------------------------------------------------------------------
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

Reply via email to