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 <[email protected]> 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 > > *[email protected] <[email protected]>* | 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. > > > ------------------------------------------------------------ > ------------------ > Check out the vibrant tech community on one of the world's most > engaging tech sites, Slashdot.org! http://sdm.link/slashdot > _______________________________________________ > Mifos-users mailing list > [email protected] > https://lists.sourceforge.net/lists/listinfo/mifos-users > > -- *Ed Cable* President/CEO, Mifos Initiative [email protected] | 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>
