Hi Michael,I have seen your screen shots. Could you please, tell where is the problem? It is not clear from information you sent me. Which repayment amounts are still not correct?
Regards, Kasia On 06.01.2013 06:29, Michael Philip wrote:
Screen shots attached. On Saturday, 5 January 2013 17:26:42 UTC+3, Michael Philip wrote: Hi Kisia, Had about an hour on MIFOS today, Thanks, LSIM worked fine, I can now create loan accounts that have a daily repayment schedule. . . . the repayment amounts are still not correct; see the attached file. is there any way around this or is there something I am missing? Regards On Thursday, 3 January 2013 17:06:37 UTC+3, Kasia Piecielska wrote: Hi Michael, About you first problem - I already wrote you about turning LSIM on in database. This option allows you to operate on accounts in any moment and makes accounts independent from schedules. When LSIM is on, you will be able e.g to create weekly loan account for client with monthly frequency meetings. Second problem - Algorithm implemented in Mifos is inaccurate for small amounts. If principal is higher (e.g. 1000) and number of installments is e.g. 10 everything works fine. Best regards, Kasia On 03.01.2013 13:27, Michael Philip wrote:Hi all, I am still new to MIFOS, probably what I am going to describe is not a bug but my ignorance (v2.6.0) 1. When creating loan accounts for clients, loan products that have a daily or monthly frequency do not show on the drop down list. 2. The total repayment calculation does not give the expected figures. e.g, using the example in http://mifos.org/functional-specifications/system-processing/interest-calculations-loan-accounts <http://mifos.org/functional-specifications/system-processing/interest-calculations-loan-accounts> for flat rates Principal is 100, interest 3% number of installments 4 I get for each number of installments, the principal 24.9 and interest 0.1 Is there something I am missing in both cases? More details in the attached document Regards ------------------------------------------------------------------------------ Master Visual Studio, SharePoint, SQL,ASP.NET <http://ASP.NET>, C# 2012, HTML5, CSS, MVC, Windows 8 Apps, JavaScript and much more. Keep your skills current with LearnDevNow - 3,200 step-by-step video tutorials by Microsoft MVPs and experts. ON SALE this month only -- learn more at: http://p.sf.net/sfu/learnmore_122712 <http://p.sf.net/sfu/learnmore_122712> _______________________________________________ Mifos-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/mifos-users <https://lists.sourceforge.net/lists/listinfo/mifos-users>-- MifCloud supportWebsite:www.mifcloud.com <http://www.mifcloud.com> Facebook:www.facebook.com/MifCloud <http://www.facebook.com/MifCloud> Twitter:www.twitter.com/mif_cloud <http://www.twitter.com/mif_cloud> Phone: (+48) 58 782 45 40 Fax: (+48) 58 782 45 41 Email:[email protected]
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