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https://issues.apache.org/jira/browse/FINERACT-37?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Shaik Nazeer Hussain closed FINERACT-37.
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Resolution: Fixed
Assignee: Santosh Math (was: Shaik Nazeer Hussain)
> Support rescheduling repayments on holidays
> -------------------------------------------
>
> Key: FINERACT-37
> URL: https://issues.apache.org/jira/browse/FINERACT-37
> Project: Apache Fineract
> Issue Type: Improvement
> Components: System
> Reporter: James Rowe
> Assignee: Santosh Math
> Fix For: 1.1.0
>
>
> Our client is currently trying to migrate from their current financial
> software, but one of the configuration options is not present in Fineract.
> The option changes the way Fineract schedules loan repayments. Instead of
> rescheduling a repayment to a different day in the week, holidays would
> reschedule the repayment to the next due date and extend the schedule. For
> example with a holiday like this http://i.imgur.com/Dl8B3DX.png a loan that
> has a repayment fall in the holiday will be rescheduled to the next week and
> the following repayments will be postponed. http://i.imgur.com/l9OfTDm.png
> With this the loan term is extended and the repayment that landed on a
> holiday is repaid on the next due date.
> I already have a proof of concept patch for this, but I think there are some
> issues with it. As such, I would like to work with a developer to discuss the
> best way to implement this, or if you would like, we can just figure out why
> my patch occasionally enters an infinite loop...
> As a related request, the client is looking to have the interest due at this
> repayment to be redistributed across the full loan schedule. I wasn't sure if
> I should include this in this issue report or to make a new one that is
> related to this issue.
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