Hello,

I have check this issue and created ticket to fix this. You can track status of this ticket using following link: https://mifosforge.jira.com/browse/MIFOS-6018

Natalia


On 03/05/2013 12:26 AM, Ed Cable wrote:
Ramya,

I will try to respond to the best of my knowledge but will let Natalia respond more thoroughly.


    1) What is Misc Penalty and difference between Penalty and Misc
    Penalty


Penalty refers to automatically calculated late penalties. Misc Penalty refers one-time penalty that is manually applied.

    2) Penalty transactions are not reflected in Accounting.
         For example,
                Am doing late payment of 10000 which includes
                        7000 - Principal
                        2500 - Interest
                        200   - Fees
                        300  - Penalty
            In this all the transactions have entries in financial
    transaction table but not penalty.
            Can anyone tell me the reason??


This sounds like this could potentially be a bug that I will let Natalia try to reproduce and confirm. I wanted to clarify and make sure that the automatic penalty on the late installment has been assessed though. So the batch jobs have run and a automatic late penalty has been assessed on the installment - your issue is upon payment where the penalty transaction is not showing up in the financial transactions table.

Thanks,

Ed

    Thanks,
    Ramya Baskar.

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