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Posted to dev@fineract.apache.org by Louis Niyongabo <ln...@gmail.com> on 2018/07/25 15:20:41 UTC
Fineract, Standing Order Loan Repayment generates an extra journal entry
Did anyone experience a redundant journal entry for a standing order
repaying a loan installment?
In the transactions of repayment of a loan installment from a saving
account, I noticed:
1. 1 Saving Transaction in m_savings_account_transaction
2. 1 Loan Transaction in m_loan_transaction
3. 2 Journal entries in acc_gl_journal_entry:
a. 1 Saving entry: debit and credit of same liability account, but for
the same installment amount
b. 1 Loan entry: debit of the installment amount on the same liability
account against a credit of asset account (principal) and income account
(interest)
Did I miss something in the product/standing order setup or the first
journal saving entry is a requirement by Fineract?
Thanks,
Louis
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Louis Niyongabo <ln...@gmail.com>.
All set, thanks!
On Thu, Jul 26, 2018 at 4:35 PM Santosh Math <
santosh@confluxtechnologies.com> wrote:
> Hi Louis,
> Nice to know you figure it out by yourself and thanks for sharing it with
> Community.
>
> Do u have any other doubts?
>
> On Thu 26 Jul, 2018, 7:58 PM Louis Niyongabo, <ln...@gmail.com>
> wrote:
>
> > HI Santosh,
> >
> > I think I know now where it came from, thanks to recreating the same
> > scenario in Staging using a different chart of accounts.
> > It appears as if the same account was debited, credited then debited
> again
> > simply because the account set in Financial Activity/ Liability Transfer
> > was the same as the account set in Savings Control while defining the
> > Savings Product. The account in Financial Activity/ Liability Transfer
> > acts as a Funds Transit Account to hold first the funds from savings
> before
> > repaying the loan.
> >
> > Thanks,
> >
> > Louis
> >
> >
> >
> >
> >
> >
> >
> > On Thu, Jul 26, 2018 at 3:27 PM Louis Niyongabo <ln...@gmail.com>
> > wrote:
> >
> >> Hi Santosh,
> >>
> >> I created the same scenario in staging, see screenshot below. It does
> not
> >> necessary has to be through Standing Order, even repaying loan using
> saving
> >> account (one time transfer) has the same type of entries.
> >> The redundant one is S3598, the L7130 entry should be be enough (Client
> =
> >> 000000142)
> >>
> >> [image: image.png]
> >>
> >> *S3598*
> >> [image: image.png]
> >> *L7130*
> >> [image: image.png]
> >>
> >>
> >>
> >>
> >> On Thu, Jul 26, 2018 at 12:08 PM Louis Niyongabo <ln...@gmail.com>
> >> wrote:
> >>
> >>> ignore last message, finally logged in.
> >>>
> >>>
> >>> On Thu, Jul 26, 2018 at 12:07 PM Louis Niyongabo <lniyongabo@gmail.com
> >
> >>> wrote:
> >>>
> >>>> Hi Santosh,
> >>>> It's the connection to the staging that's failing. I was trying to
> show
> >>>> that even using local client to connect to the staging still fails,
> yet
> >>>> demo works fine for both.
> >>>>
> >>>> On Thu, Jul 26, 2018 at 12:04 PM Santosh Math <
> >>>> santosh@confluxtechnologies.com> wrote:
> >>>>
> >>>>> Hi Louis,
> >>>>> Don't connect your local instance. Just reproduce same scenario on
> >>>>> staging.
> >>>>>
> >>>>>
> >>>>> On Thu 26 Jul, 2018, 2:57 PM Louis Niyongabo, <ln...@gmail.com>
> >>>>> wrote:
> >>>>>
> >>>>> > Hi Santosh,
> >>>>> > That link tries to load endlessly, it does not show the login page.
> >>>>> > This
> http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/
> >>>>> > doesn't
> >>>>> > go through either ( Couldn't connect to server. Make sure you are
> >>>>> using
> >>>>> > correct settings)
> >>>>> > But, https://staging.openmf.org#/home and
> >>>>> > http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home
> >>>>> work just
> >>>>> > fine.
> >>>>> >
> >>>>> >
> >>>>> >
> >>>>> >
> >>>>> > On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
> >>>>> > santosh@confluxtechnologies.com> wrote:
> >>>>> >
> >>>>> > > Hi Louis,
> >>>>> > >
> >>>>> > > Could you recreate the scenario here and share the link?
> >>>>> > >
> >>>>> > > https://staging.openmf.org/#/home
> >>>>> > >
> >>>>> > > On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <
> >>>>> lniyongabo@gmail.com>
> >>>>> > > wrote:
> >>>>> > >
> >>>>> > > > Hi Santosh,
> >>>>> > > > The journal entry is viewable as well on UI, debit, credit,
> then
> >>>>> > another
> >>>>> > > > debit of the same account/amount.
> >>>>> > > >
> >>>>> > > > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
> >>>>> > > > santosh@confluxtechnologies.com> wrote:
> >>>>> > > >
> >>>>> > > > > Hi Louis,
> >>>>> > > > > Is this redundant journal entry viewable on UI or it's just
> >>>>> > creating
> >>>>> > > it
> >>>>> > > > > in database only?
> >>>>> > > > >
> >>>>> > > > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <
> >>>>> > lniyongabo@gmail.com
> >>>>> > > >
> >>>>> > > > > wrote:
> >>>>> > > > >
> >>>>> > > > > > Did anyone experience a redundant journal entry for a
> >>>>> standing
> >>>>> > order
> >>>>> > > > > > repaying a loan installment?
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > > In the transactions of repayment of a loan installment
> from
> >>>>> a
> >>>>> > saving
> >>>>> > > > > > account, I noticed:
> >>>>> > > > > >
> >>>>> > > > > > 1. 1 Saving Transaction in
> >>>>> m_savings_account_transaction
> >>>>> > > > > >
> >>>>> > > > > > 2. 1 Loan Transaction in m_loan_transaction
> >>>>> > > > > >
> >>>>> > > > > > 3. 2 Journal entries in acc_gl_journal_entry:
> >>>>> > > > > >
> >>>>> > > > > > a. 1 Saving entry: debit and credit of same liability
> >>>>> > account,
> >>>>> > > > but
> >>>>> > > > > > for
> >>>>> > > > > > the same installment amount
> >>>>> > > > > >
> >>>>> > > > > > b. 1 Loan entry: debit of the installment amount on
> the
> >>>>> same
> >>>>> > > > > liability
> >>>>> > > > > > account against a credit of asset account (principal) and
> >>>>> income
> >>>>> > > > account
> >>>>> > > > > > (interest)
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > > Did I miss something in the product/standing order setup or
> >>>>> the
> >>>>> > first
> >>>>> > > > > > journal saving entry is a requirement by Fineract?
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > > Thanks,
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > > Louis
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > > >
> >>>>> > > > >
> >>>>> > > > >
> >>>>> > > > > --
> >>>>> > > > > Thanks & Regards
> >>>>> > > > >
> >>>>> > > > > Santosh Math
> >>>>> > > > >
> >>>>> > > > > *QA Engineer*
> >>>>> > > > >
> >>>>> > > > > *Conflux Technologies Pvt Ltd <
> >>>>> http://www.confluxtechnologies.com/>*
> >>>>> > > > > | *Office*: +91-080-41208662 |
> >>>>> > > > >
> >>>>> > > > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st
> >>>>> Block,
> >>>>> > > > > Bengaluru, Karnataka, 560043 INDIA
> >>>>> > > > >
> >>>>> > > >
> >>>>> > >
> >>>>> > >
> >>>>> > >
> >>>>> > > --
> >>>>> > > Thanks & Regards
> >>>>> > >
> >>>>> > > Santosh Math
> >>>>> > >
> >>>>> > > *QA Engineer*
> >>>>> > >
> >>>>> > > *Conflux Technologies Pvt Ltd <
> http://www.confluxtechnologies.com/
> >>>>> >*
> >>>>> > > | *Office*: +91-080-41208662 |
> >>>>> > >
> >>>>> > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> >>>>> > > Bengaluru, Karnataka, 560043 INDIA
> >>>>> > >
> >>>>> >
> >>>>>
> >>>>
>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Louis,
Nice to know you figure it out by yourself and thanks for sharing it with
Community.
Do u have any other doubts?
On Thu 26 Jul, 2018, 7:58 PM Louis Niyongabo, <ln...@gmail.com> wrote:
> HI Santosh,
>
> I think I know now where it came from, thanks to recreating the same
> scenario in Staging using a different chart of accounts.
> It appears as if the same account was debited, credited then debited again
> simply because the account set in Financial Activity/ Liability Transfer
> was the same as the account set in Savings Control while defining the
> Savings Product. The account in Financial Activity/ Liability Transfer
> acts as a Funds Transit Account to hold first the funds from savings before
> repaying the loan.
>
> Thanks,
>
> Louis
>
>
>
>
>
>
>
> On Thu, Jul 26, 2018 at 3:27 PM Louis Niyongabo <ln...@gmail.com>
> wrote:
>
>> Hi Santosh,
>>
>> I created the same scenario in staging, see screenshot below. It does not
>> necessary has to be through Standing Order, even repaying loan using saving
>> account (one time transfer) has the same type of entries.
>> The redundant one is S3598, the L7130 entry should be be enough (Client =
>> 000000142)
>>
>> [image: image.png]
>>
>> *S3598*
>> [image: image.png]
>> *L7130*
>> [image: image.png]
>>
>>
>>
>>
>> On Thu, Jul 26, 2018 at 12:08 PM Louis Niyongabo <ln...@gmail.com>
>> wrote:
>>
>>> ignore last message, finally logged in.
>>>
>>>
>>> On Thu, Jul 26, 2018 at 12:07 PM Louis Niyongabo <ln...@gmail.com>
>>> wrote:
>>>
>>>> Hi Santosh,
>>>> It's the connection to the staging that's failing. I was trying to show
>>>> that even using local client to connect to the staging still fails, yet
>>>> demo works fine for both.
>>>>
>>>> On Thu, Jul 26, 2018 at 12:04 PM Santosh Math <
>>>> santosh@confluxtechnologies.com> wrote:
>>>>
>>>>> Hi Louis,
>>>>> Don't connect your local instance. Just reproduce same scenario on
>>>>> staging.
>>>>>
>>>>>
>>>>> On Thu 26 Jul, 2018, 2:57 PM Louis Niyongabo, <ln...@gmail.com>
>>>>> wrote:
>>>>>
>>>>> > Hi Santosh,
>>>>> > That link tries to load endlessly, it does not show the login page.
>>>>> > This http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/
>>>>> > doesn't
>>>>> > go through either ( Couldn't connect to server. Make sure you are
>>>>> using
>>>>> > correct settings)
>>>>> > But, https://staging.openmf.org#/home and
>>>>> > http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home
>>>>> work just
>>>>> > fine.
>>>>> >
>>>>> >
>>>>> >
>>>>> >
>>>>> > On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
>>>>> > santosh@confluxtechnologies.com> wrote:
>>>>> >
>>>>> > > Hi Louis,
>>>>> > >
>>>>> > > Could you recreate the scenario here and share the link?
>>>>> > >
>>>>> > > https://staging.openmf.org/#/home
>>>>> > >
>>>>> > > On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <
>>>>> lniyongabo@gmail.com>
>>>>> > > wrote:
>>>>> > >
>>>>> > > > Hi Santosh,
>>>>> > > > The journal entry is viewable as well on UI, debit, credit, then
>>>>> > another
>>>>> > > > debit of the same account/amount.
>>>>> > > >
>>>>> > > > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
>>>>> > > > santosh@confluxtechnologies.com> wrote:
>>>>> > > >
>>>>> > > > > Hi Louis,
>>>>> > > > > Is this redundant journal entry viewable on UI or it's just
>>>>> > creating
>>>>> > > it
>>>>> > > > > in database only?
>>>>> > > > >
>>>>> > > > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <
>>>>> > lniyongabo@gmail.com
>>>>> > > >
>>>>> > > > > wrote:
>>>>> > > > >
>>>>> > > > > > Did anyone experience a redundant journal entry for a
>>>>> standing
>>>>> > order
>>>>> > > > > > repaying a loan installment?
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > > In the transactions of repayment of a loan installment from
>>>>> a
>>>>> > saving
>>>>> > > > > > account, I noticed:
>>>>> > > > > >
>>>>> > > > > > 1. 1 Saving Transaction in
>>>>> m_savings_account_transaction
>>>>> > > > > >
>>>>> > > > > > 2. 1 Loan Transaction in m_loan_transaction
>>>>> > > > > >
>>>>> > > > > > 3. 2 Journal entries in acc_gl_journal_entry:
>>>>> > > > > >
>>>>> > > > > > a. 1 Saving entry: debit and credit of same liability
>>>>> > account,
>>>>> > > > but
>>>>> > > > > > for
>>>>> > > > > > the same installment amount
>>>>> > > > > >
>>>>> > > > > > b. 1 Loan entry: debit of the installment amount on the
>>>>> same
>>>>> > > > > liability
>>>>> > > > > > account against a credit of asset account (principal) and
>>>>> income
>>>>> > > > account
>>>>> > > > > > (interest)
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > > Did I miss something in the product/standing order setup or
>>>>> the
>>>>> > first
>>>>> > > > > > journal saving entry is a requirement by Fineract?
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > > Thanks,
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > > Louis
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > > >
>>>>> > > > >
>>>>> > > > >
>>>>> > > > > --
>>>>> > > > > Thanks & Regards
>>>>> > > > >
>>>>> > > > > Santosh Math
>>>>> > > > >
>>>>> > > > > *QA Engineer*
>>>>> > > > >
>>>>> > > > > *Conflux Technologies Pvt Ltd <
>>>>> http://www.confluxtechnologies.com/>*
>>>>> > > > > | *Office*: +91-080-41208662 |
>>>>> > > > >
>>>>> > > > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st
>>>>> Block,
>>>>> > > > > Bengaluru, Karnataka, 560043 INDIA
>>>>> > > > >
>>>>> > > >
>>>>> > >
>>>>> > >
>>>>> > >
>>>>> > > --
>>>>> > > Thanks & Regards
>>>>> > >
>>>>> > > Santosh Math
>>>>> > >
>>>>> > > *QA Engineer*
>>>>> > >
>>>>> > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/
>>>>> >*
>>>>> > > | *Office*: +91-080-41208662 |
>>>>> > >
>>>>> > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>>>>> > > Bengaluru, Karnataka, 560043 INDIA
>>>>> > >
>>>>> >
>>>>>
>>>>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Louis Niyongabo <ln...@gmail.com>.
HI Santosh,
I think I know now where it came from, thanks to recreating the same
scenario in Staging using a different chart of accounts.
It appears as if the same account was debited, credited then debited again
simply because the account set in Financial Activity/ Liability Transfer
was the same as the account set in Savings Control while defining the
Savings Product. The account in Financial Activity/ Liability Transfer
acts as a Funds Transit Account to hold first the funds from savings before
repaying the loan.
Thanks,
Louis
On Thu, Jul 26, 2018 at 3:27 PM Louis Niyongabo <ln...@gmail.com>
wrote:
> Hi Santosh,
>
> I created the same scenario in staging, see screenshot below. It does not
> necessary has to be through Standing Order, even repaying loan using saving
> account (one time transfer) has the same type of entries.
> The redundant one is S3598, the L7130 entry should be be enough (Client =
> 000000142)
>
> [image: image.png]
>
> *S3598*
> [image: image.png]
> *L7130*
> [image: image.png]
>
>
>
>
> On Thu, Jul 26, 2018 at 12:08 PM Louis Niyongabo <ln...@gmail.com>
> wrote:
>
>> ignore last message, finally logged in.
>>
>>
>> On Thu, Jul 26, 2018 at 12:07 PM Louis Niyongabo <ln...@gmail.com>
>> wrote:
>>
>>> Hi Santosh,
>>> It's the connection to the staging that's failing. I was trying to show
>>> that even using local client to connect to the staging still fails, yet
>>> demo works fine for both.
>>>
>>> On Thu, Jul 26, 2018 at 12:04 PM Santosh Math <
>>> santosh@confluxtechnologies.com> wrote:
>>>
>>>> Hi Louis,
>>>> Don't connect your local instance. Just reproduce same scenario on
>>>> staging.
>>>>
>>>>
>>>> On Thu 26 Jul, 2018, 2:57 PM Louis Niyongabo, <ln...@gmail.com>
>>>> wrote:
>>>>
>>>> > Hi Santosh,
>>>> > That link tries to load endlessly, it does not show the login page.
>>>> > This http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/
>>>> > doesn't
>>>> > go through either ( Couldn't connect to server. Make sure you are
>>>> using
>>>> > correct settings)
>>>> > But, https://staging.openmf.org#/home and
>>>> > http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home work
>>>> just
>>>> > fine.
>>>> >
>>>> >
>>>> >
>>>> >
>>>> > On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
>>>> > santosh@confluxtechnologies.com> wrote:
>>>> >
>>>> > > Hi Louis,
>>>> > >
>>>> > > Could you recreate the scenario here and share the link?
>>>> > >
>>>> > > https://staging.openmf.org/#/home
>>>> > >
>>>> > > On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <
>>>> lniyongabo@gmail.com>
>>>> > > wrote:
>>>> > >
>>>> > > > Hi Santosh,
>>>> > > > The journal entry is viewable as well on UI, debit, credit, then
>>>> > another
>>>> > > > debit of the same account/amount.
>>>> > > >
>>>> > > > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
>>>> > > > santosh@confluxtechnologies.com> wrote:
>>>> > > >
>>>> > > > > Hi Louis,
>>>> > > > > Is this redundant journal entry viewable on UI or it's just
>>>> > creating
>>>> > > it
>>>> > > > > in database only?
>>>> > > > >
>>>> > > > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <
>>>> > lniyongabo@gmail.com
>>>> > > >
>>>> > > > > wrote:
>>>> > > > >
>>>> > > > > > Did anyone experience a redundant journal entry for a standing
>>>> > order
>>>> > > > > > repaying a loan installment?
>>>> > > > > >
>>>> > > > > >
>>>> > > > > >
>>>> > > > > > In the transactions of repayment of a loan installment from a
>>>> > saving
>>>> > > > > > account, I noticed:
>>>> > > > > >
>>>> > > > > > 1. 1 Saving Transaction in m_savings_account_transaction
>>>> > > > > >
>>>> > > > > > 2. 1 Loan Transaction in m_loan_transaction
>>>> > > > > >
>>>> > > > > > 3. 2 Journal entries in acc_gl_journal_entry:
>>>> > > > > >
>>>> > > > > > a. 1 Saving entry: debit and credit of same liability
>>>> > account,
>>>> > > > but
>>>> > > > > > for
>>>> > > > > > the same installment amount
>>>> > > > > >
>>>> > > > > > b. 1 Loan entry: debit of the installment amount on the
>>>> same
>>>> > > > > liability
>>>> > > > > > account against a credit of asset account (principal) and
>>>> income
>>>> > > > account
>>>> > > > > > (interest)
>>>> > > > > >
>>>> > > > > >
>>>> > > > > >
>>>> > > > > > Did I miss something in the product/standing order setup or
>>>> the
>>>> > first
>>>> > > > > > journal saving entry is a requirement by Fineract?
>>>> > > > > >
>>>> > > > > >
>>>> > > > > >
>>>> > > > > > Thanks,
>>>> > > > > >
>>>> > > > > >
>>>> > > > > >
>>>> > > > > > Louis
>>>> > > > > >
>>>> > > > > >
>>>> > > > > >
>>>> > > > > >
>>>> > > > >
>>>> > > > >
>>>> > > > > --
>>>> > > > > Thanks & Regards
>>>> > > > >
>>>> > > > > Santosh Math
>>>> > > > >
>>>> > > > > *QA Engineer*
>>>> > > > >
>>>> > > > > *Conflux Technologies Pvt Ltd <
>>>> http://www.confluxtechnologies.com/>*
>>>> > > > > | *Office*: +91-080-41208662 |
>>>> > > > >
>>>> > > > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st
>>>> Block,
>>>> > > > > Bengaluru, Karnataka, 560043 INDIA
>>>> > > > >
>>>> > > >
>>>> > >
>>>> > >
>>>> > >
>>>> > > --
>>>> > > Thanks & Regards
>>>> > >
>>>> > > Santosh Math
>>>> > >
>>>> > > *QA Engineer*
>>>> > >
>>>> > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/
>>>> >*
>>>> > > | *Office*: +91-080-41208662 |
>>>> > >
>>>> > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>>>> > > Bengaluru, Karnataka, 560043 INDIA
>>>> > >
>>>> >
>>>>
>>>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Louis Niyongabo <ln...@gmail.com>.
Hi Santosh,
I created the same scenario in staging, see screenshot below. It does not
necessary has to be through Standing Order, even repaying loan using saving
account (one time transfer) has the same type of entries.
The redundant one is S3598, the L7130 entry should be be enough (Client =
000000142)
[image: image.png]
*S3598*
[image: image.png]
*L7130*
[image: image.png]
On Thu, Jul 26, 2018 at 12:08 PM Louis Niyongabo <ln...@gmail.com>
wrote:
> ignore last message, finally logged in.
>
>
> On Thu, Jul 26, 2018 at 12:07 PM Louis Niyongabo <ln...@gmail.com>
> wrote:
>
>> Hi Santosh,
>> It's the connection to the staging that's failing. I was trying to show
>> that even using local client to connect to the staging still fails, yet
>> demo works fine for both.
>>
>> On Thu, Jul 26, 2018 at 12:04 PM Santosh Math <
>> santosh@confluxtechnologies.com> wrote:
>>
>>> Hi Louis,
>>> Don't connect your local instance. Just reproduce same scenario on
>>> staging.
>>>
>>>
>>> On Thu 26 Jul, 2018, 2:57 PM Louis Niyongabo, <ln...@gmail.com>
>>> wrote:
>>>
>>> > Hi Santosh,
>>> > That link tries to load endlessly, it does not show the login page.
>>> > This http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/
>>> > doesn't
>>> > go through either ( Couldn't connect to server. Make sure you are using
>>> > correct settings)
>>> > But, https://staging.openmf.org#/home and
>>> > http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home work
>>> just
>>> > fine.
>>> >
>>> >
>>> >
>>> >
>>> > On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
>>> > santosh@confluxtechnologies.com> wrote:
>>> >
>>> > > Hi Louis,
>>> > >
>>> > > Could you recreate the scenario here and share the link?
>>> > >
>>> > > https://staging.openmf.org/#/home
>>> > >
>>> > > On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <
>>> lniyongabo@gmail.com>
>>> > > wrote:
>>> > >
>>> > > > Hi Santosh,
>>> > > > The journal entry is viewable as well on UI, debit, credit, then
>>> > another
>>> > > > debit of the same account/amount.
>>> > > >
>>> > > > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
>>> > > > santosh@confluxtechnologies.com> wrote:
>>> > > >
>>> > > > > Hi Louis,
>>> > > > > Is this redundant journal entry viewable on UI or it's just
>>> > creating
>>> > > it
>>> > > > > in database only?
>>> > > > >
>>> > > > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <
>>> > lniyongabo@gmail.com
>>> > > >
>>> > > > > wrote:
>>> > > > >
>>> > > > > > Did anyone experience a redundant journal entry for a standing
>>> > order
>>> > > > > > repaying a loan installment?
>>> > > > > >
>>> > > > > >
>>> > > > > >
>>> > > > > > In the transactions of repayment of a loan installment from a
>>> > saving
>>> > > > > > account, I noticed:
>>> > > > > >
>>> > > > > > 1. 1 Saving Transaction in m_savings_account_transaction
>>> > > > > >
>>> > > > > > 2. 1 Loan Transaction in m_loan_transaction
>>> > > > > >
>>> > > > > > 3. 2 Journal entries in acc_gl_journal_entry:
>>> > > > > >
>>> > > > > > a. 1 Saving entry: debit and credit of same liability
>>> > account,
>>> > > > but
>>> > > > > > for
>>> > > > > > the same installment amount
>>> > > > > >
>>> > > > > > b. 1 Loan entry: debit of the installment amount on the
>>> same
>>> > > > > liability
>>> > > > > > account against a credit of asset account (principal) and
>>> income
>>> > > > account
>>> > > > > > (interest)
>>> > > > > >
>>> > > > > >
>>> > > > > >
>>> > > > > > Did I miss something in the product/standing order setup or the
>>> > first
>>> > > > > > journal saving entry is a requirement by Fineract?
>>> > > > > >
>>> > > > > >
>>> > > > > >
>>> > > > > > Thanks,
>>> > > > > >
>>> > > > > >
>>> > > > > >
>>> > > > > > Louis
>>> > > > > >
>>> > > > > >
>>> > > > > >
>>> > > > > >
>>> > > > >
>>> > > > >
>>> > > > > --
>>> > > > > Thanks & Regards
>>> > > > >
>>> > > > > Santosh Math
>>> > > > >
>>> > > > > *QA Engineer*
>>> > > > >
>>> > > > > *Conflux Technologies Pvt Ltd <
>>> http://www.confluxtechnologies.com/>*
>>> > > > > | *Office*: +91-080-41208662 |
>>> > > > >
>>> > > > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>>> > > > > Bengaluru, Karnataka, 560043 INDIA
>>> > > > >
>>> > > >
>>> > >
>>> > >
>>> > >
>>> > > --
>>> > > Thanks & Regards
>>> > >
>>> > > Santosh Math
>>> > >
>>> > > *QA Engineer*
>>> > >
>>> > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
>>> > > | *Office*: +91-080-41208662 |
>>> > >
>>> > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>>> > > Bengaluru, Karnataka, 560043 INDIA
>>> > >
>>> >
>>>
>>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Louis Niyongabo <ln...@gmail.com>.
ignore last message, finally logged in.
On Thu, Jul 26, 2018 at 12:07 PM Louis Niyongabo <ln...@gmail.com>
wrote:
> Hi Santosh,
> It's the connection to the staging that's failing. I was trying to show
> that even using local client to connect to the staging still fails, yet
> demo works fine for both.
>
> On Thu, Jul 26, 2018 at 12:04 PM Santosh Math <
> santosh@confluxtechnologies.com> wrote:
>
>> Hi Louis,
>> Don't connect your local instance. Just reproduce same scenario on
>> staging.
>>
>>
>> On Thu 26 Jul, 2018, 2:57 PM Louis Niyongabo, <ln...@gmail.com>
>> wrote:
>>
>> > Hi Santosh,
>> > That link tries to load endlessly, it does not show the login page.
>> > This http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/
>> > doesn't
>> > go through either ( Couldn't connect to server. Make sure you are using
>> > correct settings)
>> > But, https://staging.openmf.org#/home and
>> > http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home work
>> just
>> > fine.
>> >
>> >
>> >
>> >
>> > On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
>> > santosh@confluxtechnologies.com> wrote:
>> >
>> > > Hi Louis,
>> > >
>> > > Could you recreate the scenario here and share the link?
>> > >
>> > > https://staging.openmf.org/#/home
>> > >
>> > > On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <
>> lniyongabo@gmail.com>
>> > > wrote:
>> > >
>> > > > Hi Santosh,
>> > > > The journal entry is viewable as well on UI, debit, credit, then
>> > another
>> > > > debit of the same account/amount.
>> > > >
>> > > > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
>> > > > santosh@confluxtechnologies.com> wrote:
>> > > >
>> > > > > Hi Louis,
>> > > > > Is this redundant journal entry viewable on UI or it's just
>> > creating
>> > > it
>> > > > > in database only?
>> > > > >
>> > > > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <
>> > lniyongabo@gmail.com
>> > > >
>> > > > > wrote:
>> > > > >
>> > > > > > Did anyone experience a redundant journal entry for a standing
>> > order
>> > > > > > repaying a loan installment?
>> > > > > >
>> > > > > >
>> > > > > >
>> > > > > > In the transactions of repayment of a loan installment from a
>> > saving
>> > > > > > account, I noticed:
>> > > > > >
>> > > > > > 1. 1 Saving Transaction in m_savings_account_transaction
>> > > > > >
>> > > > > > 2. 1 Loan Transaction in m_loan_transaction
>> > > > > >
>> > > > > > 3. 2 Journal entries in acc_gl_journal_entry:
>> > > > > >
>> > > > > > a. 1 Saving entry: debit and credit of same liability
>> > account,
>> > > > but
>> > > > > > for
>> > > > > > the same installment amount
>> > > > > >
>> > > > > > b. 1 Loan entry: debit of the installment amount on the
>> same
>> > > > > liability
>> > > > > > account against a credit of asset account (principal) and income
>> > > > account
>> > > > > > (interest)
>> > > > > >
>> > > > > >
>> > > > > >
>> > > > > > Did I miss something in the product/standing order setup or the
>> > first
>> > > > > > journal saving entry is a requirement by Fineract?
>> > > > > >
>> > > > > >
>> > > > > >
>> > > > > > Thanks,
>> > > > > >
>> > > > > >
>> > > > > >
>> > > > > > Louis
>> > > > > >
>> > > > > >
>> > > > > >
>> > > > > >
>> > > > >
>> > > > >
>> > > > > --
>> > > > > Thanks & Regards
>> > > > >
>> > > > > Santosh Math
>> > > > >
>> > > > > *QA Engineer*
>> > > > >
>> > > > > *Conflux Technologies Pvt Ltd <
>> http://www.confluxtechnologies.com/>*
>> > > > > | *Office*: +91-080-41208662 |
>> > > > >
>> > > > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>> > > > > Bengaluru, Karnataka, 560043 INDIA
>> > > > >
>> > > >
>> > >
>> > >
>> > >
>> > > --
>> > > Thanks & Regards
>> > >
>> > > Santosh Math
>> > >
>> > > *QA Engineer*
>> > >
>> > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
>> > > | *Office*: +91-080-41208662 |
>> > >
>> > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
>> > > Bengaluru, Karnataka, 560043 INDIA
>> > >
>> >
>>
>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Louis Niyongabo <ln...@gmail.com>.
Hi Santosh,
It's the connection to the staging that's failing. I was trying to show
that even using local client to connect to the staging still fails, yet
demo works fine for both.
On Thu, Jul 26, 2018 at 12:04 PM Santosh Math <
santosh@confluxtechnologies.com> wrote:
> Hi Louis,
> Don't connect your local instance. Just reproduce same scenario on staging.
>
>
> On Thu 26 Jul, 2018, 2:57 PM Louis Niyongabo, <ln...@gmail.com>
> wrote:
>
> > Hi Santosh,
> > That link tries to load endlessly, it does not show the login page.
> > This http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/
> > doesn't
> > go through either ( Couldn't connect to server. Make sure you are using
> > correct settings)
> > But, https://staging.openmf.org#/home and
> > http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home work
> just
> > fine.
> >
> >
> >
> >
> > On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
> > santosh@confluxtechnologies.com> wrote:
> >
> > > Hi Louis,
> > >
> > > Could you recreate the scenario here and share the link?
> > >
> > > https://staging.openmf.org/#/home
> > >
> > > On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <lniyongabo@gmail.com
> >
> > > wrote:
> > >
> > > > Hi Santosh,
> > > > The journal entry is viewable as well on UI, debit, credit, then
> > another
> > > > debit of the same account/amount.
> > > >
> > > > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
> > > > santosh@confluxtechnologies.com> wrote:
> > > >
> > > > > Hi Louis,
> > > > > Is this redundant journal entry viewable on UI or it's just
> > creating
> > > it
> > > > > in database only?
> > > > >
> > > > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <
> > lniyongabo@gmail.com
> > > >
> > > > > wrote:
> > > > >
> > > > > > Did anyone experience a redundant journal entry for a standing
> > order
> > > > > > repaying a loan installment?
> > > > > >
> > > > > >
> > > > > >
> > > > > > In the transactions of repayment of a loan installment from a
> > saving
> > > > > > account, I noticed:
> > > > > >
> > > > > > 1. 1 Saving Transaction in m_savings_account_transaction
> > > > > >
> > > > > > 2. 1 Loan Transaction in m_loan_transaction
> > > > > >
> > > > > > 3. 2 Journal entries in acc_gl_journal_entry:
> > > > > >
> > > > > > a. 1 Saving entry: debit and credit of same liability
> > account,
> > > > but
> > > > > > for
> > > > > > the same installment amount
> > > > > >
> > > > > > b. 1 Loan entry: debit of the installment amount on the same
> > > > > liability
> > > > > > account against a credit of asset account (principal) and income
> > > > account
> > > > > > (interest)
> > > > > >
> > > > > >
> > > > > >
> > > > > > Did I miss something in the product/standing order setup or the
> > first
> > > > > > journal saving entry is a requirement by Fineract?
> > > > > >
> > > > > >
> > > > > >
> > > > > > Thanks,
> > > > > >
> > > > > >
> > > > > >
> > > > > > Louis
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > >
> > > > >
> > > > > --
> > > > > Thanks & Regards
> > > > >
> > > > > Santosh Math
> > > > >
> > > > > *QA Engineer*
> > > > >
> > > > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/
> >*
> > > > > | *Office*: +91-080-41208662 |
> > > > >
> > > > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> > > > > Bengaluru, Karnataka, 560043 INDIA
> > > > >
> > > >
> > >
> > >
> > >
> > > --
> > > Thanks & Regards
> > >
> > > Santosh Math
> > >
> > > *QA Engineer*
> > >
> > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
> > > | *Office*: +91-080-41208662 |
> > >
> > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> > > Bengaluru, Karnataka, 560043 INDIA
> > >
> >
>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Louis,
Don't connect your local instance. Just reproduce same scenario on staging.
On Thu 26 Jul, 2018, 2:57 PM Louis Niyongabo, <ln...@gmail.com> wrote:
> Hi Santosh,
> That link tries to load endlessly, it does not show the login page.
> This http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/
> doesn't
> go through either ( Couldn't connect to server. Make sure you are using
> correct settings)
> But, https://staging.openmf.org#/home and
> http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home work just
> fine.
>
>
>
>
> On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
> santosh@confluxtechnologies.com> wrote:
>
> > Hi Louis,
> >
> > Could you recreate the scenario here and share the link?
> >
> > https://staging.openmf.org/#/home
> >
> > On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <ln...@gmail.com>
> > wrote:
> >
> > > Hi Santosh,
> > > The journal entry is viewable as well on UI, debit, credit, then
> another
> > > debit of the same account/amount.
> > >
> > > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
> > > santosh@confluxtechnologies.com> wrote:
> > >
> > > > Hi Louis,
> > > > Is this redundant journal entry viewable on UI or it's just
> creating
> > it
> > > > in database only?
> > > >
> > > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <
> lniyongabo@gmail.com
> > >
> > > > wrote:
> > > >
> > > > > Did anyone experience a redundant journal entry for a standing
> order
> > > > > repaying a loan installment?
> > > > >
> > > > >
> > > > >
> > > > > In the transactions of repayment of a loan installment from a
> saving
> > > > > account, I noticed:
> > > > >
> > > > > 1. 1 Saving Transaction in m_savings_account_transaction
> > > > >
> > > > > 2. 1 Loan Transaction in m_loan_transaction
> > > > >
> > > > > 3. 2 Journal entries in acc_gl_journal_entry:
> > > > >
> > > > > a. 1 Saving entry: debit and credit of same liability
> account,
> > > but
> > > > > for
> > > > > the same installment amount
> > > > >
> > > > > b. 1 Loan entry: debit of the installment amount on the same
> > > > liability
> > > > > account against a credit of asset account (principal) and income
> > > account
> > > > > (interest)
> > > > >
> > > > >
> > > > >
> > > > > Did I miss something in the product/standing order setup or the
> first
> > > > > journal saving entry is a requirement by Fineract?
> > > > >
> > > > >
> > > > >
> > > > > Thanks,
> > > > >
> > > > >
> > > > >
> > > > > Louis
> > > > >
> > > > >
> > > > >
> > > > >
> > > >
> > > >
> > > > --
> > > > Thanks & Regards
> > > >
> > > > Santosh Math
> > > >
> > > > *QA Engineer*
> > > >
> > > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
> > > > | *Office*: +91-080-41208662 |
> > > >
> > > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> > > > Bengaluru, Karnataka, 560043 INDIA
> > > >
> > >
> >
> >
> >
> > --
> > Thanks & Regards
> >
> > Santosh Math
> >
> > *QA Engineer*
> >
> > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
> > | *Office*: +91-080-41208662 |
> >
> > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> > Bengaluru, Karnataka, 560043 INDIA
> >
>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Louis Niyongabo <ln...@gmail.com>.
Hi Santosh,
That link tries to load endlessly, it does not show the login page.
This http://localhost:9002/?baseApiUrl=https://staging.openmf.org#/ doesn't
go through either ( Couldn't connect to server. Make sure you are using
correct settings)
But, https://staging.openmf.org#/home and
http://localhost:9002/?baseApiUrl=https://demo.openmf.org#/home work just
fine.
On Thu, Jul 26, 2018 at 11:01 AM Santosh Math <
santosh@confluxtechnologies.com> wrote:
> Hi Louis,
>
> Could you recreate the scenario here and share the link?
>
> https://staging.openmf.org/#/home
>
> On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <ln...@gmail.com>
> wrote:
>
> > Hi Santosh,
> > The journal entry is viewable as well on UI, debit, credit, then another
> > debit of the same account/amount.
> >
> > On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
> > santosh@confluxtechnologies.com> wrote:
> >
> > > Hi Louis,
> > > Is this redundant journal entry viewable on UI or it's just creating
> it
> > > in database only?
> > >
> > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <lniyongabo@gmail.com
> >
> > > wrote:
> > >
> > > > Did anyone experience a redundant journal entry for a standing order
> > > > repaying a loan installment?
> > > >
> > > >
> > > >
> > > > In the transactions of repayment of a loan installment from a saving
> > > > account, I noticed:
> > > >
> > > > 1. 1 Saving Transaction in m_savings_account_transaction
> > > >
> > > > 2. 1 Loan Transaction in m_loan_transaction
> > > >
> > > > 3. 2 Journal entries in acc_gl_journal_entry:
> > > >
> > > > a. 1 Saving entry: debit and credit of same liability account,
> > but
> > > > for
> > > > the same installment amount
> > > >
> > > > b. 1 Loan entry: debit of the installment amount on the same
> > > liability
> > > > account against a credit of asset account (principal) and income
> > account
> > > > (interest)
> > > >
> > > >
> > > >
> > > > Did I miss something in the product/standing order setup or the first
> > > > journal saving entry is a requirement by Fineract?
> > > >
> > > >
> > > >
> > > > Thanks,
> > > >
> > > >
> > > >
> > > > Louis
> > > >
> > > >
> > > >
> > > >
> > >
> > >
> > > --
> > > Thanks & Regards
> > >
> > > Santosh Math
> > >
> > > *QA Engineer*
> > >
> > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
> > > | *Office*: +91-080-41208662 |
> > >
> > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> > > Bengaluru, Karnataka, 560043 INDIA
> > >
> >
>
>
>
> --
> Thanks & Regards
>
> Santosh Math
>
> *QA Engineer*
>
> *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
> | *Office*: +91-080-41208662 |
>
> *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> Bengaluru, Karnataka, 560043 INDIA
>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Louis,
Could you recreate the scenario here and share the link?
https://staging.openmf.org/#/home
On Thu, Jul 26, 2018 at 2:25 PM, Louis Niyongabo <ln...@gmail.com>
wrote:
> Hi Santosh,
> The journal entry is viewable as well on UI, debit, credit, then another
> debit of the same account/amount.
>
> On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
> santosh@confluxtechnologies.com> wrote:
>
> > Hi Louis,
> > Is this redundant journal entry viewable on UI or it's just creating it
> > in database only?
> >
> > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <ln...@gmail.com>
> > wrote:
> >
> > > Did anyone experience a redundant journal entry for a standing order
> > > repaying a loan installment?
> > >
> > >
> > >
> > > In the transactions of repayment of a loan installment from a saving
> > > account, I noticed:
> > >
> > > 1. 1 Saving Transaction in m_savings_account_transaction
> > >
> > > 2. 1 Loan Transaction in m_loan_transaction
> > >
> > > 3. 2 Journal entries in acc_gl_journal_entry:
> > >
> > > a. 1 Saving entry: debit and credit of same liability account,
> but
> > > for
> > > the same installment amount
> > >
> > > b. 1 Loan entry: debit of the installment amount on the same
> > liability
> > > account against a credit of asset account (principal) and income
> account
> > > (interest)
> > >
> > >
> > >
> > > Did I miss something in the product/standing order setup or the first
> > > journal saving entry is a requirement by Fineract?
> > >
> > >
> > >
> > > Thanks,
> > >
> > >
> > >
> > > Louis
> > >
> > >
> > >
> > >
> >
> >
> > --
> > Thanks & Regards
> >
> > Santosh Math
> >
> > *QA Engineer*
> >
> > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
> > | *Office*: +91-080-41208662 |
> >
> > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> > Bengaluru, Karnataka, 560043 INDIA
> >
>
--
Thanks & Regards
Santosh Math
*QA Engineer*
*Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
| *Office*: +91-080-41208662 |
*Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
Bengaluru, Karnataka, 560043 INDIA
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Louis Niyongabo <ln...@gmail.com>.
Hi Santosh,
The journal entry is viewable as well on UI, debit, credit, then another
debit of the same account/amount.
On Thu, Jul 26, 2018 at 9:16 AM Santosh Math <
santosh@confluxtechnologies.com> wrote:
> Hi Louis,
> Is this redundant journal entry viewable on UI or it's just creating it
> in database only?
>
> On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <ln...@gmail.com>
> wrote:
>
> > Did anyone experience a redundant journal entry for a standing order
> > repaying a loan installment?
> >
> >
> >
> > In the transactions of repayment of a loan installment from a saving
> > account, I noticed:
> >
> > 1. 1 Saving Transaction in m_savings_account_transaction
> >
> > 2. 1 Loan Transaction in m_loan_transaction
> >
> > 3. 2 Journal entries in acc_gl_journal_entry:
> >
> > a. 1 Saving entry: debit and credit of same liability account, but
> > for
> > the same installment amount
> >
> > b. 1 Loan entry: debit of the installment amount on the same
> liability
> > account against a credit of asset account (principal) and income account
> > (interest)
> >
> >
> >
> > Did I miss something in the product/standing order setup or the first
> > journal saving entry is a requirement by Fineract?
> >
> >
> >
> > Thanks,
> >
> >
> >
> > Louis
> >
> >
> >
> >
>
>
> --
> Thanks & Regards
>
> Santosh Math
>
> *QA Engineer*
>
> *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
> | *Office*: +91-080-41208662 |
>
> *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
> Bengaluru, Karnataka, 560043 INDIA
>
Re: Fineract, Standing Order Loan Repayment generates an extra
journal entry
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Louis,
Is this redundant journal entry viewable on UI or it's just creating it
in database only?
On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <ln...@gmail.com>
wrote:
> Did anyone experience a redundant journal entry for a standing order
> repaying a loan installment?
>
>
>
> In the transactions of repayment of a loan installment from a saving
> account, I noticed:
>
> 1. 1 Saving Transaction in m_savings_account_transaction
>
> 2. 1 Loan Transaction in m_loan_transaction
>
> 3. 2 Journal entries in acc_gl_journal_entry:
>
> a. 1 Saving entry: debit and credit of same liability account, but
> for
> the same installment amount
>
> b. 1 Loan entry: debit of the installment amount on the same liability
> account against a credit of asset account (principal) and income account
> (interest)
>
>
>
> Did I miss something in the product/standing order setup or the first
> journal saving entry is a requirement by Fineract?
>
>
>
> Thanks,
>
>
>
> Louis
>
>
>
>
--
Thanks & Regards
Santosh Math
*QA Engineer*
*Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>*
| *Office*: +91-080-41208662 |
*Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block,
Bengaluru, Karnataka, 560043 INDIA