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From Sander van der Heyden <sandervanderhey...@musoni.eu>
Subject Re: [Mifos-users] Explanation about Interest Calculation
Date Wed, 02 Mar 2016 13:11:32 GMT
Hi Adi,

Thanks, now added on JIRA: https://issues.apache.org/jira/browse/FINERACT-59

S


Sander van der Heyden

CTO Musoni Services




Mobile (NL): +31 (0)6 14239505
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 Wed, Mar 2, 2016 at 11:38 AM, Adi Raju <adi.raju@confluxtechnologies.com>
wrote:

> Hi Sander,
>
> Changes are done in sync with our initial discussion for "same as
> repayment" option. It's working fine for declining balance loans. It's not
> working in case of flat loans, which is a bug. Please raise an issue(for
> tracking) and we will provide a fix.
>
> Regards,
> Adi
> On 02-Mar-2016 3:42 pm, "Sander van der Heyden" <
> sandervanderheyden@musoni.eu> wrote:
>
> > Hi George,
> >
> > I completely agree, from our end one of the key reasons people use flat
> > interest loans (or essentially all fixed schedule loans) is that you can
> > have standardised products, repayment amounts etc. And this change
> diverts
> > away from it, and therefore for the cases we've tested so far, we are
> > unable to get the same schedules without indeed requiring the data entry
> > teams to change the way they are working, or making hard-coded UI
> > modifications for it.
> >
> > @Adi: Do you plan to make sure that the flat loans will just keep using
> the
> > same way of calculating as before for "Same as repayment Period", and for
> > people who do want to get the period included, they can use the 'daily'
> > calculation type? I believe this is also what I proposed initially, so
> was
> > wondering if that was the fix you were proposing, or whether it would
> work
> > differently?
> >
> > Have cc'ed the Fineract dev list now, and happy to write it up on the
> JIRA
> > there, but think it is good we are clear on the proposed solution as
> well.
> >
> > Thanks,
> > Sander
> >
> >
> > Sander van der Heyden
> >
> > CTO Musoni Services
> >
> >
> >
> >
> > Mobile (NL): +31 (0)6 14239505
> > 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 Tue, Mar 1, 2016 at 9:34 AM, Georges Lteif <
> georgeslteif@almajmoua.org>
> > wrote:
> >
> > > Hello Sander
> > > exactly as you mentioned,
> > > this is a weird behaviour for our loan as we can't tell our clients
> that
> > > your last repayment would change based on when our finance would
> disburse
> > > your loan right?
> > >
> > > it should be something really fixed
> > >
> > > Another question also is that the person doing data entry has to know
> the
> > > date of the disbursement right?
> > > since if a client was created on the 1st of May and the disbursement
> date
> > > set by the data entry personnel is 2nd of May
> > >
> > > the finance cannot disburse it before the 2nd right? for any reason
> > > they have to wait?
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> >
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> > > _______________________________________________
> > > Mifos-users mailing list
> > > Mifos-users@lists.sourceforge.net
> > > https://lists.sourceforge.net/lists/listinfo/mifos-users
> > >
> > >
> >
>

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