Stebbins / Santosh,
Any suggestions on what i should do?
Regards,
Thomas
On Thursday, May 25, 2017 at 10:37:45 AM UTC+5:30, Thomas Varghese wrote:
>
> Stebbins,
>
>
>
> I had the start date of the loan product, and not configured the end date
> of the loan product.
>
>
>
> Post your inputs, I have changed the loan product and configured an end
> date as well to two years from now; but the issue still remains.
>
>
>
> Kind Regards,
>
> Thomas Varghese
>
> *thoma...@knabfinance.com <thoma...@knabfinance.com>* |
> www.knabfinance.com <https://www.knabfinance.com/>|
> www.linkedin.com/in/thomasbglr
>
> [image:
> https://docs.google.com/uc?export=download&id=0B1owEFrghhWKdWc0YlVXT0ZuMnc&revid=0B1owEFrghhWKekJscWJQaHFNYzJ5N2V2YTZIaUNMdzM0UHlvPQ]
> BizSmart
> Loan supports SMEs with the right finance
>
>
>
> *From:* mifosus...@googlegroups.com [mailto:mifosus...@googlegroups.com] *On
> Behalf Of *Stebbins Tugara
> *Sent:* Thursday, May 25, 2017 10:18 AM
> *To:* A good place to start for users or folks new to Mifos. <
> mifos-users@lists.sourceforge.net>
> *Subject:* Re: [Mifos-users] Last Installment Repayment Not Working in
> case of delayed payment
>
>
>
> Thomas,
>
>
>
> Could you also check whether the Start Date and End Date parameters were
> filled in the your loan product configuration. I havent done some tests but
> i think these fields confine usage of a particular product to specific
> timelines.
>
>
>
> Regard
>
> Stebbins
>
>
>
> On May 25, 2017 7:19 AM, <thoma...@knabfinance.com> wrote:
>
> Santosh,
>
>
>
> Please find attached the loan product configurations.
>
>
>
>
>
>
> <https://lh3.googleusercontent.com/-sY8cAhIr4JY/WSZaXFNpd8I/AAAAAAAAAUQ/PCIWtRvDUvkFduqI5mEVvAiECrErbuhzwCLcB/s1600/lastpayment-loanproduct-1.png>
>
>
> <https://lh3.googleusercontent.com/-oW8oZq8fDX0/WSZaZ5_s2-I/AAAAAAAAAUU/n2LeobHdanwiSCLu6MEbZE6JNCNmlaAsgCLcB/s1600/lastpayment-loanproduct-2.png>
>
>
> <https://lh3.googleusercontent.com/-doaju1XoiVI/WSZac3vAHRI/AAAAAAAAAUY/5FYfsgdnDpUTkJEJ3bgf9hN3fUyDv6Z8QCLcB/s1600/lastpayment-loanproduct-3.png>
>
>
> <https://lh3.googleusercontent.com/-X86VAmA9Sfo/WSZaflS-GGI/AAAAAAAAAUc/bKQcJHaQeEonJcrkXQYYtIeEG0aS8yfTQCLcB/s1600/lastpayment-loanproduct-4.png>
>
>
> <https://lh3.googleusercontent.com/-ebAv-htWsIs/WSZah0CLqtI/AAAAAAAAAUg/Q_jbwvdL6W0DXiKBeM1VjcTavouUNfKAgCLcB/s1600/lastpayment-loanproduct-5.png>
>
>
> <https://lh3.googleusercontent.com/-XgteULIr6TU/WSZajkbpTHI/AAAAAAAAAUk/548ziBx05l0xysIhkdaRPmSsAHx7qa6wgCLcB/s1600/lastpayment-loanproduct-6.png>
>
>
> <https://lh3.googleusercontent.com/-Mzso1J48juo/WSZalicQ9XI/AAAAAAAAAUo/VB8bEmgnYCITsbBS7tL9yZoglHgvTGluwCLcB/s1600/lastpayment-loanproduct-7.png>
>
>
>
> I think the defect is because is caused by a particular loan product
> configuration (probably recalculate interest) which doesnt allow the
> payment to be entered post the final emi date. It doesnt allow even charges
> to be entered after the last emi date. When i apply a charge after the last
> emi date, it gives me error "Specified due date is outside of allowed
> range of dates which is after [2017,2,21] and up to and including
> [2017,5,20]."
>
>
>
> Regards,
>
> Thomas
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
> Regards,
>
> Thomas
>
>
>
> On Tuesday, May 23, 2017 at 11:50:52 PM UTC+5:30, Santosh Math wrote:
>
> Thomas,
>
>
>
> Please share the loan product configurations (may be screenshot which
> includes all details)
>
>
>
> Greets
>
> Santosh
>
>
>
> On May 23, 2017 11:41 PM, "Ed Cable" <edc...@mifos.org> wrote:
>
> Thomas,
>
>
>
> I'm adding Sampath to this thread and cc'ing the Fineract User's list as
> well.
>
>
>
> Ed
>
>
>
> On Tue, May 23, 2017 at 3:14 AM, Thomas Varghese <thom...@knabfinance.com>
> wrote:
>
> Hello,
>
>
>
> We are facing an issue with the last installment payment when the last
> payment is received a few days late.
>
>
>
> The final installment is received on 22nd May instead of 20th May, but
> the system doesn’t allow me apply the repayment on 22nd May but only for
> 20th May.
>
>
>
> My repayment schedule is as below:
>
>
>
>
>
>
>
> *#*
>
> *Days*
>
> *Date*
>
> *Paid Date*
>
>
>
> *Principal Due*
>
> *Balance of Loan*
>
> *Interest*
>
> *Fees*
>
> *Penalties*
>
> *Due*
>
> *Paid*
>
> *In Advance*
>
> *Late*
>
> *Outstanding*
>
> 21 February 2017
>
> 100,000
>
> 2,300
>
> 2,300
>
> 2,300
>
> 1
>
> 28
>
> 21 March 2017
>
> 20 March 2017
>
> 32,600
>
> 67,400
>
> 2,233
>
> 0
>
> 0
>
> 34,833
>
> 34,833
>
> 34,833
>
> 0
>
> 0
>
> 2
>
> 31
>
> 21 April 2017
>
> 21 April 2017
>
> 33,328
>
> 34,072
>
> 1,505
>
> 0
>
> 0
>
> 34,833
>
> 34,833
>
> 0
>
> 0
>
> 0
>
> 3
>
> 29
>
> 20 May 2017
>
> 34,072
>
> 0
>
> 736
>
> 0
>
> 0
>
> 34,808
>
> 0
>
> 0
>
> 0
>
> 34,808
>
>
>
> *88*
>
> *Total*
>
> *100,000*
>
>
>
> *4,474*
>
> *2,300*
>
> *0*
>
> *106,774*
>
> *71,966*
>
> *34,833*
>
> *0*
>
> *34,808*
>
>
>
> Account Configuration is as below:
>
>
>
> payment Strategy
>
> Interest, Principal, Penalties, Fees Order
>
> Repayments
>
> 3 every 1 Months on
>
> Amortization
>
> Equal installments
>
> Interest
>
> 26.8008 per annum (26.8008% Per year) - Declining Balance
>
> Grace: On Principal Payment
>
> Grace: On Interest Payment
>
> Grace on Arrears Ageing
>
> Fund Source
>
> KNAB Internal Fund
>
> Interest Free Period
>
> Interest Calculation Period
>
> Daily
>
> Allow Partial Interest Calcualtion with same as repayment
>
> false
>
> Interest Type
>
> Declining Balance
>
> Submitted on
>
> 21 February 2017
>
> Approved on
>
> 21 February 2017
>
> Disbursed on
>
> 21 February 2017
>
> Matures on
>
> 20 May 2017
>
> Recalculate Interest
>
> Yes
>
> Days in year
>
> 360 Days
>
> Days in month
>
> 30 Days
>
> Interest recalculation compounding on
>
> None
>
> Advance payments adjustment type
>
> Reschedule next repayments
>
> Frequency for recalculate Outstanding Principal
>
> Monthly on day 21
>
> Variable Installments Allowed
>
> true
>
> Gap between Installments
>
> (Min:1 Days , Max:100 Days)
>
>
>
>
>
>
>
>
>
> Kind Regards,
>
> Thomas Varghese
>
> *thom...@knabfinance.com* | www.knabfinance.com
> <https://www.knabfinance.com/>| *www.linkedin.com/in/thomasbglr
> <http://www.linkedin.com/in/thomasbglr>*
>
> [image:
> https://docs.google.com/uc?export=download&id=0B1owEFrghhWKdWc0YlVXT0ZuMnc&revid=0B1owEFrghhWKekJscWJQaHFNYzJ5N2V2YTZIaUNMdzM0UHlvPQ]
> BizSmart
> Loan supports SMEs with the right finance
>
>
>
>
>
> This message contains information that may be privileged or confidential
> and is the property of KNAB finance. It is intended only for the person to
> whom it is addressed. If you are not the intended recipient, you are not
> authorized to read, print, retain, copy, disseminate, distribute, or use
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>
>
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>
>
>
>
> --
>
> *Ed Cable*
>
> President/CEO, Mifos Initiative
>
> edc...@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>
>
>
> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
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>
>
>
>
>
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--
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authorized to read, print, retain, copy, disseminate, distribute, or use
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