Hi all,
Am in need of clarification of write-off in Loan operations of mifos.
Write-off:
While doing Write-off, in accounting principal only coming but in the
loan operations both principal,interest and arrears are coming.
For example,
For a group, loan disbursal amount is 50000. The group needs to pay
with interest is 60000. The group didn't pay anything and write-off has
been done for the group. After write-off while checking the accounting,
it shown the write-off amount as 50000 only but in the loan operations it shown
as 60000 with interest.
Can anyone clarify the above.
Thanks in advance!!!!!
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