Hi Thomas,
Sorry for delayed reply. I am trying to create same scenario on demo server
but some values are getting differed.
https://demo.openmf.org/#/viewloanaccount/1093
Would you make same scenarios as yours by using 'Modify Application' or
changing any loan product configuration Which I might missing?
Thanks
Santosh
On Fri, May 26, 2017 at 3:00 PM, <thoma...@knabfinance.com> wrote:
> 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.linkedi
>> n.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
>> this message or any part thereof. If you receive this message in error,
>> please notify the sender immediately and delete all copies of this message.
>>
>>
>> ------------------------------------------------------------
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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
>> <http://facebook.com/mifos> <http://www.twitter.com/mifos>
>>
>>
>>
>>
>>
>> This message contains information that may be privileged or confidential
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>>
> 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
> this message or any part thereof. If you receive this message in error,
> please notify the sender immediately and delete all copies of this message.
>
>
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