Mifos-users Digest, Vol 267, Issue 8

5 views
Skip to first unread message

mifos-use...@lists.sourceforge.net

unread,
Jan 12, 2017, 2:45:02 AM1/12/17
to mifos...@lists.sourceforge.net
Send Mifos-users mailing list submissions to
mifos...@lists.sourceforge.net

To subscribe or unsubscribe via the World Wide Web, visit
https://lists.sourceforge.net/lists/listinfo/mifos-users
or, via email, send a message with subject or body 'help' to
mifos-use...@lists.sourceforge.net

You can reach the person managing the list at
mifos-us...@lists.sourceforge.net

When replying, please edit your Subject line so it is more specific
than "Re: Contents of Mifos-users digest..."


Today's Topics:

1. Mifos-users Digest, Vol 267, Issue 7 (Joe Leatherman)
2. Re: Connecting mifos Android app (Christopher Stewart)
3. Relcalculate Interest Defect on Holidays. (Thomas Varghese)
4. Repayment Schedule Issue (Thomas Varghese)


----------------------------------------------------------------------

Message: 1
Date: Tue, 10 Jan 2017 13:38:26 -0700
From: Joe Leatherman <joelea...@ijlfinancial.us>
Subject: [Mifos-users] Mifos-users Digest, Vol 267, Issue 7
To: <mifos...@lists.sourceforge.net>
Message-ID: <004d01d26b81$7f3eeff0$7dbccfd0$@IJLfinancial.us>
Content-Type: text/plain; charset="iso-8859-1"

I have seen this issue as well. A fast work around on loans paid
aggressively early is to pull the payoff (hitting the prepay loan) set date
for current date. That will be the correct balance on early paid loans. Also
make sure you are running all your Scheduled Job's daily. If you have any
errors that can effect things on your Repayment schedule.

Joe Leatherman | Sr. Credit Manager
JoeLea...@IJLfinancial.us

IJLfinancial, Inc. | 907 Caldwell BLVD. | Nampa, ID
Store 0002|?Tel 208-649-4282 |?Fax 208-505-8766
NMLSR ID 745997
www.IJLfinancial.us

This message may contain confidential or proprietary information. If you are
not the addressee or authorized to receive this for the addressee, you must
not use, copy, disclose, or take any action based on this message or any
information herein. If you have received this message in error, please
advise the sender immediately by email and delete this message. Thank you
for your cooperation.





------------------------------

Message: 2
Date: Wed, 11 Jan 2017 08:57:10 +0530
From: Christopher Stewart <christopher.mc...@gmail.com>
Subject: Re: [Mifos-users] Connecting mifos Android app
To: Rajan Maurya <rajanma...@gmail.com>
Cc: "dev \(d...@fineract.incubator.apache.org\)"
<d...@fineract.incubator.apache.org>, mifos...@lists.sourceforge.net
Message-ID:
<CALuc8TwcGg=VmrTuA77S7T11EYmXR+...@mail.gmail.com>
Content-Type: text/plain; charset="utf-8"

Hi Rajan,

I tested it out and the connection worked!! I'm still checking out the
features and I see quite a few like tracking, pin point and offline sync
that I'm not familiar with.

Will let u know how it goes. Thanks a million.

Cheers

Chris

On Jan 11, 2017 1:59 AM, "Rajan Maurya" <rajanma...@gmail.com> wrote:

> Hi Christopher,
>
> App code base has changed a lot and working fine.
> I have emailed you the latest APK please check and we are going to
> release the app very soon on play store.
>
>
>
>
> On Tue, Jan 10, 2017 at 3:07 PM, Christopher Stewart <
> christopher.mc...@gmail.com> wrote:
>
>> Hi,
>>
>> Has anyone managed to connect and use the mifos Android client
>> successfully?
>>
>> I see many posts regarding connection failures and I myself are getting
>> the
>> 'there was some issue processing your request' error.
>>
>> My mifos instance is hosted on an ip address and not domain name. Ex:
>> 204.xxx.xxx.xxx/#/ port 80.
>>
>> The isn't version is 3 and I have the November 2016 version of mifos
>> running.
>>
>> Any help would be greatly appreciated.
>>
>> Thanks in advance
>>
>> Chris
>>
>> On Dec 23, 2016 7:48 PM, "Sander van der Heyden" <
>> sandervan...@musonisystem.com> wrote:
>>
>> Hi Adi,
>>
>> We are wondering whether you had a chance to look at the interest
>> calculation excel? We are still unable to reconcile amounts for subsequent
>> instalments.
>>
>> In addition we've also started seeing more problems with loans that are
>> prepaid significantly early on in the schedule, unfortunately I cannot
>> test
>> this on the demo as the ability to create new loans seems to be broken
>> right now.
>>
>> Thanks,
>> Sander van der Heyden
>>
>>
>>
>> On 15 December 2016 at 11:16, Sander van der Heyden <
>> sandervan...@musonisystem.com> wrote:
>>
>> > Hi Adi,
>> >
>> > Was wondering if you had seen my previous mail?
>> >
>> > In addition we've also got an issue when backdating the interest
>> > recalculation loans that have compounding on Interest enabled, and use
>> the
>> > "Same as repayment period" compounding type for interest and principal.
>> > This sample loan (https://demo.openmf.org/#/loanaccount/333/disburse)
>> cannot
>> > be disbursed as a result of an EMI error:
>> > *error.msg.loanschedule.emi.amount.must.be.greter.than.interest*, when
>> > you disburse with date of 1st of October.
>> >
>> > If you try to disburse as per 1st of November then it does work fine,
>> > which leads me to believe there is an issue in the error handling around
>> > compounding for backdated loans. As there are no params on a loan level,
>> > that we can adjust to not trigger interest recalculation when disbursing
>> > I'm not sure how to get around this one?
>> >
>> > Thanks,
>> > Sander
>> >
>> >
>> >
>> >
>> > Sander van der Heyden
>> >
>> > CTO Musoni Services
>> >
>> >
>> >
>> >
>> > Mobile (NL): +31 (0)6 14239505 <+31%206%2014239505>
>> > Skype: s.vdheyden
>> > Website: musonisystem.com
>> > Follow us on Twitter! <https://twitter.com/musonimfi>
>> > Postal address: Hillegomstraat 12-14, office 0.09, 1058 LS, Amsterdam,
>> > The Netherlands
>> >
>> > On 13 December 2016 at 08:52, Sander van der Heyden <
>> > sandervan...@musonisystem.com> wrote:
>> >
>> >> Hi Adi,
>> >>
>> >> Thanks for your feedback, but not sure whether we can make this
>> >> calculation work, see attached excel using the same logic. It works
>> fine
>> >> for working out instalment one, but does leave us with a 0.4
>> difference on
>> >> the second instalment compared to today's schedule. Could you let me
>> know
>> >> where we are going wrong, or whether this is actually a bug?
>> >>
>> >> Thanks,
>> >> Sander
>> >>
>> >>
>> >>
>> >> On 12 December 2016 at 06:20, Adi Raju <adi.raju@confluxtechnologies.
>> com>
>> >> wrote:
>> >>
>> >>> Interest calculation on future dates will be based on the assumption
>> >>> that payment has been made up-to-date and assuming no arrears.
>> >>> Interest on the unpaid or compounded amount will be calculated and
>> >>> provided as part of schedule only till as of that day.
>> >>>
>> >>> So in the example,
>> >>> EMI is due on 1st Dec and 2nd Jan. No repayment is made as of today
>> >>> (12/12).
>> >>> So interest calculation will be as follows:
>> >>> Interest on compounded amount as of 1 Dec for 11 days (1st to 12th of
>> >>> dec)
>> >>> Plus
>> >>> Interest on amount as per original schedule for 21 days (13th dec to
>> 2nd
>> >>> of jan)
>> >>>
>> >>> As and when interest recalculation job runs every day, interest will
>> be
>> >>> revised to include calculations as of that day.
>> >>>
>> >>> Regards,
>> >>> Adi Raju
>> >>>
>> >>> Principal Architect, Conflux Technologies Pvt Ltd
>> >>> Address: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>> >>> Bengaluru, Karnataka, 560043 INDIA
>> >>>
>> >>>
>> >>> Disclaimer: The information contained in this e-mail message and any
>> >>> files/attachment transmitted with it is confidential and for the sole
>> use
>> >>> of the intended recipient(s) or entity identified. If you are not the
>> >>> intended recipient, please email: sup...@confluxtechnologies.com and
>> >>> destroy/delete all copies and attachment thereto along with the
>> original
>> >>> message. Any unauthorised review, use, disclosure, dissemination,
>> >>> forwarding, printing or copying of this email or any action taken in
>> >>> reliance on this e-mail is strictly prohibited and is unlawful. The
>> >>> recipient acknowledges that Conflux Technologies Private Limited or
>> its
>> >>> subsidiaries and associated companies are unable to exercise control
>> or
>> >>> ensure or guarantee the integrity of/over the contents of the
>> information
>> >>> contained in e-mail transmissions. Before opening any attachments,
>> please
>> >>> check.
>> >>>
>> >>>
>> >>>
>> >>> -----Original Message-----
>> >>> From: Sander van der Heyden [mailto:sandervanderheyden@mus
>> onisystem.com]
>> >>> Sent: 09 December 2016 22:08
>> >>> To: d...@fineract.incubator.apache.org
>> >>> Cc: A good place to start for users or folks new to Mifos.
>> >>> Subject: Re: Issues in interest recalculation
>> >>>
>> >>> Hi Adi,
>> >>>
>> >>> Thanks for your feedback, makes sense on the early payments and I
>> agree
>> >>> the duplicate instalments is a bug. Looks like the holiday/workingdays
>> >>> config is ignored for that bit. However I think we'll indeed need to
>> >>> introduce this in the payment schedules as well. In addition I found
>> >>> another strange scenario which is: https://demo.openmf.org/#/view
>> >>> loanaccount/321
>> >>>
>> >>> Can you explain to me how the calculation for the interest for the 2nd
>> >>> instalment is made, so the first instalment which was due 8 days ago
>> is now
>> >>> overdue by 8 days and interest (should have) compounded as well.
>> However I
>> >>> cannot work out the formula used to get to that amount of interest,
>> when
>> >>> running the same example for a loan just 1 day overdue, I was able to
>> work
>> >>> out the amount, but only as long as I calculated 2 extra days. Is
>> there any
>> >>> docs on this on the wiki (I could not spot them).
>> >>>
>> >>> Thanks,
>> >>> Sander
>> >>>
>> >>>
>> >>>
>> >>> Sander van der Heyden
>> >>>
>> >>> CTO Musoni Services
>> >>>
>> >>>
>> >>>
>> >>>
>> >>> Mobile (NL): +31 (0)6 14239505 <+31%206%2014239505>
>> >>> Skype: s.vdheyden
>> >>> Website: musonisystem.com
>> >>> Follow us on Twitter! <https://twitter.com/musonimfi> Postal
>> address:
>> >>> Hillegomstraat 12-14, office 0.09, 1058 LS, Amsterdam, The Netherlands
>> >>>
>> >>> On 8 December 2016 at 06:23, Adi Raju <adi.raju@confluxtechnologies.
>> com>
>> >>> wrote:
>> >>>
>> >>> > Hi Sander
>> >>> >
>> >>> > PSB
>> >>> >
>> >>> > Regards,
>> >>> > Adi Raju
>> >>> >
>> >>> > Principal Architect, Conflux Technologies Pvt Ltd
>> >>> > Address: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>> >>> > Bengaluru, Karnataka, 560043 INDIA
>> >>> >
>> >>> >
>> >>> > Disclaimer: The information contained in this e-mail message and any
>> >>> > files/attachment transmitted with it is confidential and for the
>> sole
>> >>> > use of the intended recipient(s) or entity identified. If you are
>> not
>> >>> > the intended recipient, please email:
>> sup...@confluxtechnologies.com
>> >>> > and destroy/delete all copies and attachment thereto along with the
>> >>> > original message. Any unauthorised review, use, disclosure,
>> >>> > dissemination, forwarding, printing or copying of this email or any
>> >>> > action taken in reliance on this e-mail is strictly prohibited and
>> is
>> >>> > unlawful. The recipient acknowledges that Conflux Technologies
>> Private
>> >>> > Limited or its subsidiaries and associated companies are unable to
>> >>> > exercise control or ensure or guarantee the integrity of/over the
>> >>> > contents of the information contained in e-mail transmissions.
>> Before
>> >>> > opening any attachments, please check.
>> >>> >
>> >>> >
>> >>> >
>> >>> >
>> >>> > -----Original Message-----
>> >>> > From: Sander van der Heyden
>> >>> > [mailto:sandervan...@musonisystem.com]
>> >>> > Sent: 07 December 2016 22:24
>> >>> > To: d...@fineract.incubator.apache.org
>> >>> > Cc: A good place to start for users or folks new to Mifos.
>> >>> > Subject: Re: Issues in interest recalculation
>> >>> >
>> >>> > Hi Adi,
>> >>> >
>> >>> > Thanks for your feedback. I already left some test cases on the demo
>> >>> > (but have updated the same product in between so you'll need to
>> check
>> >>> > the derived data for these). I'll work on some more cases that we've
>> >>> > seen locally tomorrow, but these are the ones that were already
>> there.
>> >>> >
>> >>> >
>> >>> > *Incorrect interest in Loan Schedule for first instalment when
>> making
>> >>> > an early payment* See https://demo.openmf.org/#/viewloanaccount/302
>> ,
>> >>> > where you see 3.85 of interest paid on the summary and loan
>> >>> > transactions, yet the
>> >>> > 3.85 is still due on the instalment and if you look at the schedule
>> >>> > via the API is reported as outstanding interest (which the
>> transaction
>> >>> > has already paid).
>> >>> >
>> >>> > [Adi] In case of interest recalculation enabled loans, there is no
>> way
>> >>> > to realise a complete EMI components whose due date is in the
>> future.
>> >>> > Any early payments gets adjusted to the principal, and hence there
>> >>> > will be some interest component which will remain due as of the
>> future
>> >>> > due date. From calculations or schedule point of view the early paid
>> >>> > amount is completely getting adjusted to Principal and interest is
>> >>> pending.
>> >>> > Repayment strategy decides the splitting of components in a
>> >>> transaction.
>> >>> > Looks like the repayment strategy needs a correction not to consider
>> >>> > the interest component in case of early payment.
>> >>> >
>> >>> > *Interest recalculation causes incorrect schedule with duplicate
>> >>> > instalments* For the daily loans with duplicate instalments see:
>> >>> > https://demo.openmf.org/#/viewloanaccount/304, where you can see
>> that
>> >>> > 2 payments fall due on the same day. If you undo disburse the loan
>> and
>> >>> > preview the schedule before disbursement you'll not see duplicate
>> >>> > payments on the same day.
>> >>> > [Adi] As I see original schedule is fine, but during repayments some
>> >>> > duplicates are seen. This is definitely a bug.
>> >>> >
>> >>> > Thanks,
>> >>> > Sander
>> >>> >
>> >>> >
>> >>> >
>> >>> >
>> >>> > Sander van der Heyden
>> >>> >
>> >>> > CTO Musoni Services
>> >>> >
>> >>> >
>> >>> >
>> >>> >
>> >>> > Mobile (NL): +31 (0)6 14239505 <+31%206%2014239505>
>> >>> > Skype: s.vdheyden
>> >>> > Website: musonisystem.com
>> >>> > Follow us on Twitter! <https://twitter.com/musonimfi> Postal
>> address:
>> >>> > Hillegomstraat 12-14, office 0.09, 1058 LS, Amsterdam, The
>> Netherlands
>> >>> >
>> >>> > On 7 December 2016 at 11:20, Adi Raju
>> >>> > <adi....@confluxtechnologies.com>
>> >>> > wrote:
>> >>> >
>> >>> > > Hi Sander,
>> >>> > >
>> >>> > > Interest recalculation is allowed only when "Calculate interest
>> for
>> >>> > > exact days in partial period" is enabled in product definition.
>> >>> > > Consider the scenario: holidays calendar is empty, all days are
>> >>> > > considered working days and payments are always on time, you will
>> >>> > > see the interest applied equally with interest rate 1% considering
>> >>> > > 12%pa interest with monthly payment period.
>> >>> > >
>> >>> > > In case there is any date difference due to holidays/working days
>> >>> > > consideration or early payments etc, the calculation happens as
>> >>> follows:
>> >>> > > Assume installment is falling on 1st Feb, but due to holiday the
>> >>> > > installment is postponed to 2nd Feb and consider 12%pa interest
>> rate.
>> >>> > > Interest for the whole month of Jan is calculated at 1% and
>> interest
>> >>> > > for the 1 additional day in Feb is calculated as 1%*(1/28).
>> >>> > > For the installment on 1st Mar, interest is calculated as
>> 1%*(27/28)
>> >>> > > would be used.
>> >>> > > This is how the current interest recalculation happens to make
>> sure
>> >>> > > the interest is collected for each and every day.
>> >>> > > And partial interest for any day is calculated based on the number
>> >>> > > of days in the loan installment period.
>> >>> > >
>> >>> > > I am unable to reproduce other issues that you have mentioned.
>> Looks
>> >>> > > like they are linked to some other factors as well. If you can
>> >>> > > reproduce them on demo.openmf.org and provide with loan ids or
>> >>> > > relevant details, we can get back with clarifications or verify if
>> >>> > > it is
>> >>> > really a bug.
>> >>> > >
>> >>> > > Regards,
>> >>> > > Adi Raju
>> >>> > >
>> >>> > > Principal Architect, Conflux Technologies Pvt Ltd
>> >>> > > Address: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>> >>> > > Bengaluru, Karnataka, 560043 INDIA
>> >>> > >
>> >>> > >
>> >>> > > Disclaimer: The information contained in this e-mail message and
>> any
>> >>> > > files/attachment transmitted with it is confidential and for the
>> >>> > > sole use of the intended recipient(s) or entity identified. If you
>> >>> > > are not the intended recipient, please email:
>> >>> > > sup...@confluxtechnologies.com and destroy/delete all copies and
>> >>> > > attachment thereto along with the original message. Any
>> unauthorised
>> >>> > > review, use, disclosure, dissemination, forwarding, printing or
>> >>> > > copying of this email or any action taken in reliance on this
>> e-mail
>> >>> > > is strictly prohibited and is unlawful. The recipient acknowledges
>> >>> > > that Conflux Technologies Private Limited or its subsidiaries and
>> >>> > > associated companies are unable to exercise control or ensure or
>> >>> > > guarantee the integrity of/over the contents of the information
>> >>> > > contained in e-mail transmissions. Before opening any attachments,
>> >>> please check.
>> >>> > >
>> >>> > >
>> >>> > >
>> >>> > >
>> >>> > > -----Original Message-----
>> >>> > > From: Sander van der Heyden
>> >>> > > [mailto:sandervan...@musonisystem.com]
>> >>> > > Sent: 05 December 2016 17:06
>> >>> > > To: d...@fineract.incubator.apache.org; A good place to start for
>> >>> > > users or folks new to Mifos.
>> >>> > > Subject: Issues in interest recalculation
>> >>> > >
>> >>> > > Hi All,
>> >>> > >
>> >>> > > We've been doing a relatively extensive round of testing on
>> interest
>> >>> > > recalculation loans and found the following issues (on
>> >>> demo.openmf.org).
>> >>> > > All of the cases below have:
>> >>> > > - Interest recalculation on
>> >>> > > - Interest calculation = same as repayment period
>> >>> > > - Amortization set to Equal instalments
>> >>> > > - Advance payments set to Reduce EMI Amount
>> >>> > > - No grace periods
>> >>> > > - No sliding interest rates, or multi-disbursements
>> >>> > > - No fixed EMI amounts
>> >>> > >
>> >>> > > I've not yet created JIRA items on it, because I was wondering
>> >>> > > whether other people had seen these and there was a work-around by
>> >>> > > specifying the right params? Also when trying to debug some of
>> this
>> >>> > > I think the calculations have now been made so incredibly complex
>> >>> > > that it is very hard to fix some of these without creating other
>> >>> bugs in exchange.
>> >>> > >
>> >>> > > *Daily interest on Same as Repayment period* On monthly loans,
>> even
>> >>> > > though same as repayment period is selected, the interest
>> >>> > > calculation seems to happen on a daily basis. We see jumps up and
>> >>> > > down in the schedule, which should not happen especially before
>> any
>> >>> > > payments are made, as in that case the interest calculation should
>> >>> > > be identical for each month (we are using same as repayment
>> period)
>> >>> > > and therefore the interest amount should always drop month over
>> >>> > > month, with principal
>> >>> > going up.
>> >>> > >
>> >>> > > *Incorrect interest in Loan Schedule for first instalment when
>> >>> > > making an early payment* When setting up any interest
>> recalculation
>> >>> > > loan, and making an early payment on the first instalment, this
>> >>> > > updates the schedule with all of it going to principal, leaving
>> the
>> >>> > > interest outstanding. However the actual transaction does split
>> part
>> >>> > > of it to interest and so does the loan summary.
>> >>> > > In subsequent instalments this no longer happens.
>> >>> > >
>> >>> > > *Interest recalculation causes incorrect schedule with duplicate
>> >>> > > instalments*
>> >>> > > On a daily loan, when an installment was originally due on a
>> weekend
>> >>> > > day, it get's pushed forward, skipping that day correctly. However
>> >>> > > in recalculation this is no longer happening therefore
>> introducing 2
>> >>> > > installments on the same date one with a 0 length. So what happens
>> >>> > > is pre-correction you have an instalment on the 3rd of December,
>> >>> > > then one on the 5th (skipping sunday). After the payment and
>> >>> > > recalculation it has 2 instalments due on the 5th, one with 0 days
>> >>> and no interest.
>> >>> > >
>> >>> > > *Single instalment loans do not recalculate* When a loan with 1
>> >>> > > instalment is created and the client prepays on that one
>> instalment,
>> >>> > > interest is not recalculated.
>> >>> > >
>> >>> > > *Early payment of all principal throws an EMI error* When repaying
>> >>> > > the full principal due on the loan in an early instalment it
>> throws
>> >>> > > an EMI error, which should not happen, there is still a bit of
>> >>> > > interest to pay, but no more principal. This means the schedule
>> >>> > > should just show that interest remaining (or close the loan as
>> there
>> >>> is no interest).
>> >>> > >
>> >>> > >
>> >>> > > Thanks,
>> >>> > > Sander
>> >>> > >
>> >>> > >
>> >>> >
>> >>> >
>> >>>
>> >>>
>> >>
>> >
>>
>> ------------------------------------------------------------
>> ------------------
>> Developer Access Program for Intel Xeon Phi Processors
>> Access to Intel Xeon Phi processor-based developer platforms.
>> With one year of Intel Parallel Studio XE.
>> Training and support from Colfax.
>> Order your platform today.http://sdm.link/intel
>> _______________________________________________
>> Mifos-users mailing list
>> Mifos...@lists.sourceforge.net
>> https://lists.sourceforge.net/lists/listinfo/mifos-users
>>
>
>
>
> --
> *Thanks*
> *Namaste*
>
> Rajan Maurya
> Contact Number : +91 9015090523 <+91%2090150%2090523>
> Github: https://github.com/therajanmaurya
> College: Cluster Innovation Centre, University of Delhi
> Student : B.Tech. (Information Technology & Mathematical Innovations)
>
-------------- next part --------------
An HTML attachment was scrubbed...

------------------------------

Message: 3
Date: Wed, 11 Jan 2017 23:11:29 +0530
From: Thomas Varghese <thom...@knabfinance.com>
Subject: [Mifos-users] Relcalculate Interest Defect on Holidays.
To: mifos...@lists.sourceforge.net
Message-ID: <f964bfd81c4a856d...@mail.gmail.com>
Content-Type: text/plain; charset="utf-8"

Hi,



Have configured a loan product with declining balance, recalculate
interest, and frequency for recalculate outstanding principal as ?same as
repayment period?. System is configured to have payments due on non working
days to be moved to next working day. Found that the date when the
principal is recalculated is not the same date as expected EMI / repayment
date in case the repayment date is a holiday.



Loan configuration screen shot:





The repayment schedule comes like below: The interest computed of 3,682 is
on the principal of 200,000 rather than 134,894, as the outstanding
principal calculation was done based on principal on 12th Feb and not 13th
Feb which is the date of EMI payment. Please refer to the screen shot
below. Same happens for interest of 2,661 which is based on 134,894 rather
than 69,262.





Thanks & Regards,

*Thomas Varghese*

KNAB finance advisors pvt ltd

Web: www.KNABfinance.com <http://www.knabfinance.com/>

LinkedIn: https://www.linkedin.com/company/KNABfinance

Facebook: https://www.facebook.com/KNABfinance

--


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.

-------------- next part --------------
An HTML attachment was scrubbed...
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 17618 bytes
Desc: not available
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.png
Type: image/png
Size: 40950 bytes
Desc: not available

------------------------------

Message: 4
Date: Thu, 12 Jan 2017 12:51:00 +0530
From: Thomas Varghese <thom...@knabfinance.com>
Subject: [Mifos-users] Repayment Schedule Issue
To: mifos...@lists.sourceforge.net
Message-ID: <537604090b54793f...@mail.gmail.com>
Content-Type: text/plain; charset="utf-8"

In the repayment schedule calculation, found that the repayment schedule is
different before loan is approved (wrong values) and after loan is approved
(correct values).



This happens on select days when the repayment day falls on a holiday. Eg
this issue happens if the loan disbursement date is 12Jan and does not
happen if the loan disbursement date is 11Jan.



Can see in the mifos demo environment in the client ?Thomas Varghese?.

Loan Number - Thomas(#000000509) (
https://demo.openmf.org/#/viewloanaccount/509) is before the loan approved
? Wrong Repayment Schedule

Loan Number - Thomas(#000000510) (
https://demo.openmf.org/#/viewloanaccount/510) is showing after the loan is
approved ? Correct Repayment Schedule



Please see screenshot below:

Loan Number - Thomas(#000000509) (
https://demo.openmf.org/#/viewloanaccount/509) is before the loan approved
? Wrong Repayment Schedule



Loan Number - Thomas(#000000510) (
https://demo.openmf.org/#/viewloanaccount/510) is showing after the loan is
approved ? Correct Repayment Schedule



Thanks & Regards,

*Thomas Varghese*

KNAB finance advisors pvt ltd

Web: www.KNABfinance.com <http://www.knabfinance.com/>

LinkedIn: https://www.linkedin.com/company/KNABfinance

Facebook: https://www.facebook.com/KNABfinance

--


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.

-------------- next part --------------
An HTML attachment was scrubbed...
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 40444 bytes
Desc: not available
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 41150 bytes
Desc: not available

------------------------------

------------------------------------------------------------------------------
Developer Access Program for Intel Xeon Phi Processors
Access to Intel Xeon Phi processor-based developer platforms.
With one year of Intel Parallel Studio XE.
Training and support from Colfax.
Order your platform today. http://sdm.link/xeonphi

------------------------------

_______________________________________________
Mifos-users mailing list
Mifos...@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/mifos-users


End of Mifos-users Digest, Vol 267, Issue 8
*******************************************
Reply all
Reply to author
Forward
0 new messages