Hi Tinotenda,

 

All three of your issues come down to your configuration. The balances however 
show to on your repayment schedule plus you can view those on the reports. For 
further assistance you can send me your skype details for a quick call.

 

Regards,

Sifiso

 

From: tinotenda pfidze <pfidze...@gmail.com> 
Sent: Monday, 10 January 2022 10:09 AM
To: mifos-users@lists.sourceforge.net
Subject: [Mifos-users] Mifos X Not Showing Current Balance

 

Good Day 

 

Am running mifos x build 18.03.01 and am having a challenge of the system not 
showing the current loan balances for a particular month or day even if the 
loan products are configured to calculated per day or month this is affecting:

 

1. Loan Prepayment -  if a clients wants to pay their full loan earlier hence 
the system will show the balance of the whole loan tenure not the current 
balance

 

2. Penalties -  if the clients loan is overdue, the penalties should be charged 
on a daily basis  using the current balance of the loan at  a particular date 
this is not possible since it charges for the whole month

 

3. Loan Top Up / Loan Rollover - if a client wants to make a loan top up and 
close the current loan 

 

 

In all of the above situations we are doing the calculations manually but the 
main challenge is the balances will still remain in the system 

 

Anyone with a solution to the above problems, will be greatly appreciated

 

Best Regards 

 

 

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