Hi Thomas,

If you want to see the applied charge without waiting 30 days, you need 
to move the system date 30 days later and then run 
'ApplyPenaltyToLoanAccountsTaskJob' batch job.

Regards,
Lukasz


On 09/26/2012 01:50 PM, Thomas (Uganda) wrote:
> Hello
>
> I have 2 requests
>
> 1) I want to apply a Monthly Loan Penalty that applies after the loan
> has mature i.e After the Loan Maturity date has passed this Penalty
> applies. When defining the Auto Loan Penalty do I use the % of
>
> a) As a      percentage of Outstanding loan amount
> OR
> b) As a      percentage of Overdue amount
>
> 2) Say I want to a Penalty Charge  that I have set above, to take
> effect 2day
> i.e I attach the Monthly Penalty 2de and I want at EOD to see this
> charge applied, how do I do that.
>
> Does the running of the 'ApplyPenaltyToLoanAccountsTaskJob' Batch
> batch help me achieve this
> Or do I have to wait 30 days to have this paymnet effected.
>
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