Hi Shiva, Yes, we will consider those cases during implementation.
Best regards, Lukasz On 08/01/2012 04:55 PM, Shiva kumar wrote: > Hi Lukasz > > Hope you are also considering to recalculate interest for the the > under-payment cases as illustrated in row.no.13 of the sheet. > Also consider and review row.no. 19, where customer has differed payment on > the instalment date and paid at later dates..... interest should be > re-calculated in this case too. > > Thanks > Shiva > > > -----Original Message----- > From: Lukasz Chudy [mailto:[email protected]] > Sent: 01 August 2012 19:35 > To: A good place to start for users or folks new to Mifos.; Mifos software > development > Subject: [Mifos-developer] Declining Balance issue > > Hi all, > > After investigation of issue > https://mifosforge.jira.com/browse/MIFOS-5731 we encountered that > overpayments in Declining Balance are not handled properly. > > Currently, if you apply overpayment of installment then additional amount is > first used to repay future installment and then to repay future principal. > > We will fix Declining Balance interest rate type in this way: > > 1. When overpayment is made then additional amount is used only to repay > future principal. Future interest won't be repaid from overpaid amount. > > 2. Once future principal is repaid from overpaid amount, interest will be > recalculated since principal balance has been reduced. > > Let me know if you have any comments / remarks. > > Best regards, > Lukasz > > ---------------------------------------------------------------------------- > -- > 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-developer mailing list > [email protected] > Unsubscribe or change settings at: > https://lists.sourceforge.net/lists/listinfo/mifos-developer > > > ------------------------------------------------------------------------------ > 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
