Hi Mnzava,
We appreciate your interest in mifos.
The configuration " interest-charged-from-date-same-as-disbursal-date" is
used only for interest calculation purpose and does not fulfill your needs.
As Santhosh explained, the upfront interest collection feature is not
present in mifos currently.
Thank you so much Santosh Math for the information. But I don't know what
other way I can do cause everything are OK according to my requirements
except that. I have seen "
interest-charged-from-date-same-as-disbursal-date" on system configuration
and I enabled it which I thought I could get such f
Hi Manzava,
The feature - Upfront Interest collection on the date of disbursement is
not yet available in MIfos and to my knowledge, there is no work-around for
this.
Please raise a ticket as 'New Feature' with all the specifications on Jira.
https://issues.apache.org/jira/projects/FINERACT/summary
Hi every one.
I installed Mifos system on my computer (local) to try how it works.
Am working hard on configuration, am looking for configurations that will
allow Loan product to post all interest which is (100,000) to GL account
same date on loan disbursed without prepay Loan or Make repayment.
T
