[Mifos-users] Fwd: MFI - Mifos Installation

[Santosh Math]

Hi Hari,

I already replied to your same question posted by you on Answerhub.

http://mifos.cloud.answerhub.com/questions/2054/need-help-on-existing-data-migration.html?childToView=2057#answer-2057

Please subscribe to mailing lists(Cc'ed in this mail) just by sending blank mail and in future if you have any queries and questions please send mail to those mailing lists. (If functional related, send mails to users mailings list and if it is development related or requirement of improvements or new features, send mails to developer mailing list)

Regards

Santosh 

---------- Forwarded message ----------

From: Hari Haran <harih...@habile.in>
Date: Mon, Jun 12, 2017 at 1:30 PM
Subject: Re: MFI - Mifos Installation
To: Sampath Kumar G <sam...@confluxtechnologies.com>
Cc:

​​

Ed Cable <edc...@mifos.org>, Mani Parthasarathy <maniparth...@habile.in>, Arun Rajeev <raje...@habile.in>, Santosh Math <san...@confluxtechnologies.com>

Dear Santhosh,

I have set up the organization start date as 3/april/2010

I have set up the opening balance for my organization on for 3/april/2010. (In which format I have to add the organisation start date into database?)

I have started disbursing the loan and do the repayment from 1/June/2017.

I have added the old data from existing system to Mifos using DataImportTool dated from 2/april/2010 to 31/may/2017 into Mifos.

Will my accounting work properly as expected?

The way I am doing is correct?

On Thu, Jun 8, 2017 at 3:31 PM, Sampath Kumar G <sampath@confluxtechnologies.com> wrote:

Hi Hari,

3rd product (Per day loan):

How to setup per day interest?

-- As of now, nominal interest rate is set for either per month per year.

How to pre-close the loan as mentioned by applying interest amount charged as per the day count from the starting to the last day of payment?

--In loan product level, set 'Interest Calculation Period' as Daily.

4th product (Invoice Finance):

How to configure this product?

During disbursement, We need to do the deductions as mentioned below.

Processing Fees

Service tax applicable on Processing fee

Insurance Fee (As per Rate)

Service tax Applicable on Insurance

Broken period Interest & other deductions 

How to configure Service tax for processing fee and Insurance fee? This needs to be reflected in accounting as well.

-- I believe Santhosh has explained you same in another mail thread.

On Thu, Jun 8, 2017 at 11:24 AM, Hari Haran <harih...@habile.in> wrote:

Thanks, Ed.

@Sampath

We are trying to configure 4 loan products for our customer. I have attached the product details for your reference.

First two products We can able to configure. We need to your help on configuring the 3rd and 4th product.

3rd product (Per day loan):

1. How to setup per day interest?
   
2. How to pre-close the loan as mentioned by applying interest amount charged as per the day count from the starting to the last day of payment?

4th product (Invoice Finance):

1. How to configure this product?

During disbursement, We need to do the deductions as mentioned below.

1. Processing Fees
   
2. Service tax applicable on Processing fee
   
3. Insurance Fee (As per Rate)
   
4. Service tax Applicable on Insurance
   
5. Broken period Interest & other deductions 
   

How to configure Service tax for processing fee and Insurance fee? This needs to be reflected in accounting as well.

Need your help to configure Prepayment charges, late payment charges, cheque bounce charges for a personal loan and SME loan. (Details are given in the document)

On Wed, Jun 7, 2017 at 10:16 PM, Ed Cable <edc...@mifos.org> wrote:

Hi Mani,

Glad to hear of this progress and look forward to your team building innovation on top of Mifos and Apache Fineract. 

Thanks for having your team send their requests through the mailing lists. They'll be getting some replies there.

I've also cc'd Sampath, our lead support engineer, to assist.

E

On Wed, Jun 7, 2017 at 2:45 AM, Mani Parthasarathy <maniparth...@habile.in> wrote:

Ed, 

Hope you are doing great. 

I have a good news to share.  Yes, we have got an MFI customer and he is willing to proceed with Mifos installation. 

The MFI customer has given the attached products to be configured. While configuring the products, We have few queries which have to get sorted out as soon as possible as the customer needs to use the application immediately.

I have CCed Mr. Hariharan and Mr. Rajeev in this loop.. who are the ones talking to the customer. It would be better to schedule a skype call to take this to the next level. Kindly let me know your convenient time to discuss this. Or you can assign a respective person to guide us would be great. 

Expecting your earliest response!

---

Regards,

Mani Parthasarathy

Business & IT Consultant | Habile Technologies

www.habiletechnologies.com | (O): +91 44 4202 0550 | (M): + 91 90030 39994 

Skype: mani.mitteam | https://www.facebook.com/HabileTechnologies 

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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  

--

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Regards,

Hariharan.G

Technical Consultant | Habile Technologies

www.habiletechnologies.com | (O): +91 44 4202 0550 | (M): + 91 90030 25156

Skype: hari.mitteam | https://www.facebook.com/HabileTechnologies 

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DISCLAIMER:
All emails and any files transmitted with them are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received an email in error please notify your system manager. The message in the email you have received contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy the email. Please notify the sender immediately by email if you have received an email by mistake and delete the email from your system. If you are not the intended recipient you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of the information is strictly prohibited.

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Regards,

Hariharan.G

Technical Consultant | Habile Technologies

www.habiletechnologies.com | (O): +91 44 4202 0550 | (M): + 91 90030 25156

Skype: hari.mitteam | https://www.facebook.com/HabileTechnologies 

---

DISCLAIMER:
All emails and any files transmitted with them are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received an email in error please notify your system manager. The message in the email you have received contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy the email. Please notify the sender immediately by email if you have received an email by mistake and delete the email from your system. If you are not the intended recipient you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of the information is strictly prohibited.

--

Thanks  and Regards

Santosh Math

Lead QA & Support

Conflux Technologies Pvt Ltd, Bengaluru

Skype:santoshmath99