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Posted to dev@fineract.apache.org by Lionel Raymundi - Poincenot <li...@poincenot.com> on 2017/03/06 20:25:14 UTC
Penalties generated late
Hi guys,
We have noticed that penalty charges are being generated one day late for
some cases. For example:
.- Lets suppose the due date of an installment is on march the 5th.
.- Overdue penalty is configured as 1% of installment interest, charged
daily.
.- System configuration has Grace on Penalty posting = 0 and
penalty-wait-period = 0
.- Run the Apply penalties to Overdued Loans job.
.- Today is march the 7th, so I would expect to see penalties on that
installment on the repayment schedule considering the following:
a) Client didn't pay On march 5th. One penalty charge should be generated.
b) Client didn't pay On march 6th. Two penalty charges should be generated.
.- I would also expect to see the charge generated with due as of date 05
and 06 March 2017 under "Charges" tab. But I only see one penalty, as of 05.
https://demo.openmf.org/#/viewloanaccount/748
A shorter version of this would be: If I run the job on the N day, y would
expect to see charges until N-1 (the day before N). But I see only charges
generated until N-2 (Two days before).
I know that maybe the tenant timezone and the computer where fineract is
running the demo version can be different, but I tested it on my local
environment with all timezones set correctly and noticed this behaviour. Is
this a bug or is it working as expected?
Let me know if I was not clear enough...
Thanks
Lionel
Re: Penalties generated late
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Lionel,
I checked your file attached in Jira. The result is showing right. By the
way, did you check with back dates, like first repayment was 01 February
2016?. Keep charge frequency as monthly.
Thanks
Santosh
On Tue, Mar 14, 2017 at 3:54 AM, Lionel Raymundi - Poincenot <
lionel@poincenot.com> wrote:
> Hi guys,
>
> I've made locally some modifications regarding this issue and I would like
> to share the test's results with you before creating a PR, as I think that
> maybe this modifications has deeper consequences which I am missing.
>
> Please take a look at the results (attached) and let me know if they are
> ok, or if you think it would be necessary to test any other scenario.
> I've also uploaded the document to the jira issue.
>
> Thanks
>
> Lionel
>
>
>
> 2017-03-09 11:31 GMT-03:00 Santosh Math <sa...@confluxtechnologies.com>:
>
>> Hi Lionel,
>> You are right. It must be applied to all loans as there are already two
>> configurations
>>
>> Thanks
>> Santosh
>>
>> On Mar 9, 2017 7:57 PM, "Lionel Raymundi - Poincenot" <
>> lionel@poincenot.com>
>> wrote:
>>
>> > Ok, I created it as improvement :)
>> >
>> > I think we can work on this issue and create a PR for you to check it.
>> > Just to be sure, if we make the fix it would apply to every loan... or
>> do
>> > you want it to be configurable somehow?
>> >
>> > Anyway, I think the configuration is via the two properties Grace on
>> > Penalty posting and penalty-wait-period, so it would be ok if the fix
>> > applies to all loans.
>> > I mean, if penalty-wait-period = 2, I would expect to see penalties up
>> to 3
>> > days before the date the job was run, but right now I see up to N-4
>> >
>> > Thanks again,
>> >
>> > Lionel
>> >
>> >
>> >
>> >
>> > 2017-03-09 11:08 GMT-03:00 Santosh Math <santosh@confluxtechnologies.c
>> om>:
>> >
>> > > *Delays in applying penalties .. little correction in above mail. :)
>> > >
>> > > On Mar 9, 2017 7:35 PM, "Santosh Math" <santosh@confluxtechnologies.c
>> om>
>> > > wrote:
>> > >
>> > > > Hi Lionel,
>> > > > In my opinion, I don't like to consider it's bug (but still it is)
>> as
>> > I
>> > > > would like to be bit soft-corner when it comes to penalties in MFIs.
>> > :) .
>> > > > It must be fixed, nonetheless.
>> > > >
>> > > > Regards
>> > > > Santosh
>> > > >
>> > > >
>> > > > On Mar 9, 2017 7:03 PM, "Lionel Raymundi - Poincenot" <
>> > > > lionel@poincenot.com> wrote:
>> > > >
>> > > >> Hi Santosh!
>> > > >>
>> > > >> Ok, thanks for your answer.
>> > > >> I have created https://issues.apache.org/jira/browse/FINERACT-418.
>> > When
>> > > >> you
>> > > >> said "enhancement" did you mean i should create the ticket on JIRA
>> as
>> > > >> "Improvement"?
>> > > >> or is it a bug?
>> > > >>
>> > > >>
>> > > >>
>> > > >> El 8 mar. 2017 11:45 p. m., "Santosh Math"
>> > > <santosh@confluxtechnologies.c
>> > > >> om>
>> > > >> escribió:
>> > > >>
>> > > >> > Hi Lionel,
>> > > >> > Sorry for delayed reply. I reproduced your issue. You can rise
>> Jira
>> > as
>> > > >> > enhancement.
>> > > >> >
>> > > >> > Thanks
>> > > >> > Santosh
>> > > >> >
>> > > >> > On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
>> > > >> > lionel@poincenot.com>
>> > > >> > wrote:
>> > > >> >
>> > > >> > > Hi guys,
>> > > >> > >
>> > > >> > > We have noticed that penalty charges are being generated one
>> day
>> > > late
>> > > >> for
>> > > >> > > some cases. For example:
>> > > >> > > .- Lets suppose the due date of an installment is on march the
>> > 5th.
>> > > >> > > .- Overdue penalty is configured as 1% of installment interest,
>> > > >> charged
>> > > >> > > daily.
>> > > >> > > .- System configuration has Grace on Penalty posting = 0 and
>> > > >> > > penalty-wait-period = 0
>> > > >> > > .- Run the Apply penalties to Overdued Loans job.
>> > > >> > > .- Today is march the 7th, so I would expect to see penalties
>> on
>> > > that
>> > > >> > > installment on the repayment schedule considering the
>> following:
>> > > >> > > a) Client didn't pay On march 5th. One penalty charge should be
>> > > >> > generated.
>> > > >> > > b) Client didn't pay On march 6th. Two penalty charges should
>> be
>> > > >> > generated.
>> > > >> > >
>> > > >> > > .- I would also expect to see the charge generated with due as
>> of
>> > > >> date 05
>> > > >> > > and 06 March 2017 under "Charges" tab. But I only see one
>> penalty,
>> > > as
>> > > >> of
>> > > >> > > 05.
>> > > >> > >
>> > > >> > > https://demo.openmf.org/#/viewloanaccount/748
>> > > >> > >
>> > > >> > > A shorter version of this would be: If I run the job on the N
>> > day, y
>> > > >> > would
>> > > >> > > expect to see charges until N-1 (the day before N). But I see
>> only
>> > > >> > charges
>> > > >> > > generated until N-2 (Two days before).
>> > > >> > >
>> > > >> > > I know that maybe the tenant timezone and the computer where
>> > > fineract
>> > > >> is
>> > > >> > > running the demo version can be different, but I tested it on
>> my
>> > > local
>> > > >> > > environment with all timezones set correctly and noticed this
>> > > >> behaviour.
>> > > >> > Is
>> > > >> > > this a bug or is it working as expected?
>> > > >> > >
>> > > >> > > Let me know if I was not clear enough...
>> > > >> > >
>> > > >> > > Thanks
>> > > >> > >
>> > > >> > > Lionel
>> > > >> > >
>> > > >> >
>> > > >>
>> > > >
>> > >
>> >
>>
>
>
--
Thanks and Regards
Santosh
QA Team
Conflux Technologies Pvt Ltd, Bengaluru
Skype:santoshmath99
Re: Penalties generated late
Posted by Lionel Raymundi - Poincenot <li...@poincenot.com>.
Hi guys,
I've made locally some modifications regarding this issue and I would like
to share the test's results with you before creating a PR, as I think that
maybe this modifications has deeper consequences which I am missing.
Please take a look at the results (attached) and let me know if they are
ok, or if you think it would be necessary to test any other scenario.
I've also uploaded the document to the jira issue.
Thanks
Lionel
2017-03-09 11:31 GMT-03:00 Santosh Math <sa...@confluxtechnologies.com>:
> Hi Lionel,
> You are right. It must be applied to all loans as there are already two
> configurations
>
> Thanks
> Santosh
>
> On Mar 9, 2017 7:57 PM, "Lionel Raymundi - Poincenot" <
> lionel@poincenot.com>
> wrote:
>
> > Ok, I created it as improvement :)
> >
> > I think we can work on this issue and create a PR for you to check it.
> > Just to be sure, if we make the fix it would apply to every loan... or do
> > you want it to be configurable somehow?
> >
> > Anyway, I think the configuration is via the two properties Grace on
> > Penalty posting and penalty-wait-period, so it would be ok if the fix
> > applies to all loans.
> > I mean, if penalty-wait-period = 2, I would expect to see penalties up
> to 3
> > days before the date the job was run, but right now I see up to N-4
> >
> > Thanks again,
> >
> > Lionel
> >
> >
> >
> >
> > 2017-03-09 11:08 GMT-03:00 Santosh Math <santosh@confluxtechnologies.com
> >:
> >
> > > *Delays in applying penalties .. little correction in above mail. :)
> > >
> > > On Mar 9, 2017 7:35 PM, "Santosh Math" <santosh@confluxtechnologies.
> com>
> > > wrote:
> > >
> > > > Hi Lionel,
> > > > In my opinion, I don't like to consider it's bug (but still it is) as
> > I
> > > > would like to be bit soft-corner when it comes to penalties in MFIs.
> > :) .
> > > > It must be fixed, nonetheless.
> > > >
> > > > Regards
> > > > Santosh
> > > >
> > > >
> > > > On Mar 9, 2017 7:03 PM, "Lionel Raymundi - Poincenot" <
> > > > lionel@poincenot.com> wrote:
> > > >
> > > >> Hi Santosh!
> > > >>
> > > >> Ok, thanks for your answer.
> > > >> I have created https://issues.apache.org/jira/browse/FINERACT-418.
> > When
> > > >> you
> > > >> said "enhancement" did you mean i should create the ticket on JIRA
> as
> > > >> "Improvement"?
> > > >> or is it a bug?
> > > >>
> > > >>
> > > >>
> > > >> El 8 mar. 2017 11:45 p. m., "Santosh Math"
> > > <santosh@confluxtechnologies.c
> > > >> om>
> > > >> escribió:
> > > >>
> > > >> > Hi Lionel,
> > > >> > Sorry for delayed reply. I reproduced your issue. You can rise
> Jira
> > as
> > > >> > enhancement.
> > > >> >
> > > >> > Thanks
> > > >> > Santosh
> > > >> >
> > > >> > On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
> > > >> > lionel@poincenot.com>
> > > >> > wrote:
> > > >> >
> > > >> > > Hi guys,
> > > >> > >
> > > >> > > We have noticed that penalty charges are being generated one day
> > > late
> > > >> for
> > > >> > > some cases. For example:
> > > >> > > .- Lets suppose the due date of an installment is on march the
> > 5th.
> > > >> > > .- Overdue penalty is configured as 1% of installment interest,
> > > >> charged
> > > >> > > daily.
> > > >> > > .- System configuration has Grace on Penalty posting = 0 and
> > > >> > > penalty-wait-period = 0
> > > >> > > .- Run the Apply penalties to Overdued Loans job.
> > > >> > > .- Today is march the 7th, so I would expect to see penalties on
> > > that
> > > >> > > installment on the repayment schedule considering the following:
> > > >> > > a) Client didn't pay On march 5th. One penalty charge should be
> > > >> > generated.
> > > >> > > b) Client didn't pay On march 6th. Two penalty charges should be
> > > >> > generated.
> > > >> > >
> > > >> > > .- I would also expect to see the charge generated with due as
> of
> > > >> date 05
> > > >> > > and 06 March 2017 under "Charges" tab. But I only see one
> penalty,
> > > as
> > > >> of
> > > >> > > 05.
> > > >> > >
> > > >> > > https://demo.openmf.org/#/viewloanaccount/748
> > > >> > >
> > > >> > > A shorter version of this would be: If I run the job on the N
> > day, y
> > > >> > would
> > > >> > > expect to see charges until N-1 (the day before N). But I see
> only
> > > >> > charges
> > > >> > > generated until N-2 (Two days before).
> > > >> > >
> > > >> > > I know that maybe the tenant timezone and the computer where
> > > fineract
> > > >> is
> > > >> > > running the demo version can be different, but I tested it on my
> > > local
> > > >> > > environment with all timezones set correctly and noticed this
> > > >> behaviour.
> > > >> > Is
> > > >> > > this a bug or is it working as expected?
> > > >> > >
> > > >> > > Let me know if I was not clear enough...
> > > >> > >
> > > >> > > Thanks
> > > >> > >
> > > >> > > Lionel
> > > >> > >
> > > >> >
> > > >>
> > > >
> > >
> >
>
Re: Penalties generated late
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Lionel,
You are right. It must be applied to all loans as there are already two
configurations
Thanks
Santosh
On Mar 9, 2017 7:57 PM, "Lionel Raymundi - Poincenot" <li...@poincenot.com>
wrote:
> Ok, I created it as improvement :)
>
> I think we can work on this issue and create a PR for you to check it.
> Just to be sure, if we make the fix it would apply to every loan... or do
> you want it to be configurable somehow?
>
> Anyway, I think the configuration is via the two properties Grace on
> Penalty posting and penalty-wait-period, so it would be ok if the fix
> applies to all loans.
> I mean, if penalty-wait-period = 2, I would expect to see penalties up to 3
> days before the date the job was run, but right now I see up to N-4
>
> Thanks again,
>
> Lionel
>
>
>
>
> 2017-03-09 11:08 GMT-03:00 Santosh Math <sa...@confluxtechnologies.com>:
>
> > *Delays in applying penalties .. little correction in above mail. :)
> >
> > On Mar 9, 2017 7:35 PM, "Santosh Math" <sa...@confluxtechnologies.com>
> > wrote:
> >
> > > Hi Lionel,
> > > In my opinion, I don't like to consider it's bug (but still it is) as
> I
> > > would like to be bit soft-corner when it comes to penalties in MFIs.
> :) .
> > > It must be fixed, nonetheless.
> > >
> > > Regards
> > > Santosh
> > >
> > >
> > > On Mar 9, 2017 7:03 PM, "Lionel Raymundi - Poincenot" <
> > > lionel@poincenot.com> wrote:
> > >
> > >> Hi Santosh!
> > >>
> > >> Ok, thanks for your answer.
> > >> I have created https://issues.apache.org/jira/browse/FINERACT-418.
> When
> > >> you
> > >> said "enhancement" did you mean i should create the ticket on JIRA as
> > >> "Improvement"?
> > >> or is it a bug?
> > >>
> > >>
> > >>
> > >> El 8 mar. 2017 11:45 p. m., "Santosh Math"
> > <santosh@confluxtechnologies.c
> > >> om>
> > >> escribió:
> > >>
> > >> > Hi Lionel,
> > >> > Sorry for delayed reply. I reproduced your issue. You can rise Jira
> as
> > >> > enhancement.
> > >> >
> > >> > Thanks
> > >> > Santosh
> > >> >
> > >> > On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
> > >> > lionel@poincenot.com>
> > >> > wrote:
> > >> >
> > >> > > Hi guys,
> > >> > >
> > >> > > We have noticed that penalty charges are being generated one day
> > late
> > >> for
> > >> > > some cases. For example:
> > >> > > .- Lets suppose the due date of an installment is on march the
> 5th.
> > >> > > .- Overdue penalty is configured as 1% of installment interest,
> > >> charged
> > >> > > daily.
> > >> > > .- System configuration has Grace on Penalty posting = 0 and
> > >> > > penalty-wait-period = 0
> > >> > > .- Run the Apply penalties to Overdued Loans job.
> > >> > > .- Today is march the 7th, so I would expect to see penalties on
> > that
> > >> > > installment on the repayment schedule considering the following:
> > >> > > a) Client didn't pay On march 5th. One penalty charge should be
> > >> > generated.
> > >> > > b) Client didn't pay On march 6th. Two penalty charges should be
> > >> > generated.
> > >> > >
> > >> > > .- I would also expect to see the charge generated with due as of
> > >> date 05
> > >> > > and 06 March 2017 under "Charges" tab. But I only see one penalty,
> > as
> > >> of
> > >> > > 05.
> > >> > >
> > >> > > https://demo.openmf.org/#/viewloanaccount/748
> > >> > >
> > >> > > A shorter version of this would be: If I run the job on the N
> day, y
> > >> > would
> > >> > > expect to see charges until N-1 (the day before N). But I see only
> > >> > charges
> > >> > > generated until N-2 (Two days before).
> > >> > >
> > >> > > I know that maybe the tenant timezone and the computer where
> > fineract
> > >> is
> > >> > > running the demo version can be different, but I tested it on my
> > local
> > >> > > environment with all timezones set correctly and noticed this
> > >> behaviour.
> > >> > Is
> > >> > > this a bug or is it working as expected?
> > >> > >
> > >> > > Let me know if I was not clear enough...
> > >> > >
> > >> > > Thanks
> > >> > >
> > >> > > Lionel
> > >> > >
> > >> >
> > >>
> > >
> >
>
Re: Penalties generated late
Posted by Lionel Raymundi - Poincenot <li...@poincenot.com>.
Ok, I created it as improvement :)
I think we can work on this issue and create a PR for you to check it.
Just to be sure, if we make the fix it would apply to every loan... or do
you want it to be configurable somehow?
Anyway, I think the configuration is via the two properties Grace on
Penalty posting and penalty-wait-period, so it would be ok if the fix
applies to all loans.
I mean, if penalty-wait-period = 2, I would expect to see penalties up to 3
days before the date the job was run, but right now I see up to N-4
Thanks again,
Lionel
2017-03-09 11:08 GMT-03:00 Santosh Math <sa...@confluxtechnologies.com>:
> *Delays in applying penalties .. little correction in above mail. :)
>
> On Mar 9, 2017 7:35 PM, "Santosh Math" <sa...@confluxtechnologies.com>
> wrote:
>
> > Hi Lionel,
> > In my opinion, I don't like to consider it's bug (but still it is) as I
> > would like to be bit soft-corner when it comes to penalties in MFIs. :) .
> > It must be fixed, nonetheless.
> >
> > Regards
> > Santosh
> >
> >
> > On Mar 9, 2017 7:03 PM, "Lionel Raymundi - Poincenot" <
> > lionel@poincenot.com> wrote:
> >
> >> Hi Santosh!
> >>
> >> Ok, thanks for your answer.
> >> I have created https://issues.apache.org/jira/browse/FINERACT-418. When
> >> you
> >> said "enhancement" did you mean i should create the ticket on JIRA as
> >> "Improvement"?
> >> or is it a bug?
> >>
> >>
> >>
> >> El 8 mar. 2017 11:45 p. m., "Santosh Math"
> <santosh@confluxtechnologies.c
> >> om>
> >> escribió:
> >>
> >> > Hi Lionel,
> >> > Sorry for delayed reply. I reproduced your issue. You can rise Jira as
> >> > enhancement.
> >> >
> >> > Thanks
> >> > Santosh
> >> >
> >> > On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
> >> > lionel@poincenot.com>
> >> > wrote:
> >> >
> >> > > Hi guys,
> >> > >
> >> > > We have noticed that penalty charges are being generated one day
> late
> >> for
> >> > > some cases. For example:
> >> > > .- Lets suppose the due date of an installment is on march the 5th.
> >> > > .- Overdue penalty is configured as 1% of installment interest,
> >> charged
> >> > > daily.
> >> > > .- System configuration has Grace on Penalty posting = 0 and
> >> > > penalty-wait-period = 0
> >> > > .- Run the Apply penalties to Overdued Loans job.
> >> > > .- Today is march the 7th, so I would expect to see penalties on
> that
> >> > > installment on the repayment schedule considering the following:
> >> > > a) Client didn't pay On march 5th. One penalty charge should be
> >> > generated.
> >> > > b) Client didn't pay On march 6th. Two penalty charges should be
> >> > generated.
> >> > >
> >> > > .- I would also expect to see the charge generated with due as of
> >> date 05
> >> > > and 06 March 2017 under "Charges" tab. But I only see one penalty,
> as
> >> of
> >> > > 05.
> >> > >
> >> > > https://demo.openmf.org/#/viewloanaccount/748
> >> > >
> >> > > A shorter version of this would be: If I run the job on the N day, y
> >> > would
> >> > > expect to see charges until N-1 (the day before N). But I see only
> >> > charges
> >> > > generated until N-2 (Two days before).
> >> > >
> >> > > I know that maybe the tenant timezone and the computer where
> fineract
> >> is
> >> > > running the demo version can be different, but I tested it on my
> local
> >> > > environment with all timezones set correctly and noticed this
> >> behaviour.
> >> > Is
> >> > > this a bug or is it working as expected?
> >> > >
> >> > > Let me know if I was not clear enough...
> >> > >
> >> > > Thanks
> >> > >
> >> > > Lionel
> >> > >
> >> >
> >>
> >
>
Re: Penalties generated late
Posted by Santosh Math <sa...@confluxtechnologies.com>.
*Delays in applying penalties .. little correction in above mail. :)
On Mar 9, 2017 7:35 PM, "Santosh Math" <sa...@confluxtechnologies.com>
wrote:
> Hi Lionel,
> In my opinion, I don't like to consider it's bug (but still it is) as I
> would like to be bit soft-corner when it comes to penalties in MFIs. :) .
> It must be fixed, nonetheless.
>
> Regards
> Santosh
>
>
> On Mar 9, 2017 7:03 PM, "Lionel Raymundi - Poincenot" <
> lionel@poincenot.com> wrote:
>
>> Hi Santosh!
>>
>> Ok, thanks for your answer.
>> I have created https://issues.apache.org/jira/browse/FINERACT-418. When
>> you
>> said "enhancement" did you mean i should create the ticket on JIRA as
>> "Improvement"?
>> or is it a bug?
>>
>>
>>
>> El 8 mar. 2017 11:45 p. m., "Santosh Math" <santosh@confluxtechnologies.c
>> om>
>> escribió:
>>
>> > Hi Lionel,
>> > Sorry for delayed reply. I reproduced your issue. You can rise Jira as
>> > enhancement.
>> >
>> > Thanks
>> > Santosh
>> >
>> > On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
>> > lionel@poincenot.com>
>> > wrote:
>> >
>> > > Hi guys,
>> > >
>> > > We have noticed that penalty charges are being generated one day late
>> for
>> > > some cases. For example:
>> > > .- Lets suppose the due date of an installment is on march the 5th.
>> > > .- Overdue penalty is configured as 1% of installment interest,
>> charged
>> > > daily.
>> > > .- System configuration has Grace on Penalty posting = 0 and
>> > > penalty-wait-period = 0
>> > > .- Run the Apply penalties to Overdued Loans job.
>> > > .- Today is march the 7th, so I would expect to see penalties on that
>> > > installment on the repayment schedule considering the following:
>> > > a) Client didn't pay On march 5th. One penalty charge should be
>> > generated.
>> > > b) Client didn't pay On march 6th. Two penalty charges should be
>> > generated.
>> > >
>> > > .- I would also expect to see the charge generated with due as of
>> date 05
>> > > and 06 March 2017 under "Charges" tab. But I only see one penalty, as
>> of
>> > > 05.
>> > >
>> > > https://demo.openmf.org/#/viewloanaccount/748
>> > >
>> > > A shorter version of this would be: If I run the job on the N day, y
>> > would
>> > > expect to see charges until N-1 (the day before N). But I see only
>> > charges
>> > > generated until N-2 (Two days before).
>> > >
>> > > I know that maybe the tenant timezone and the computer where fineract
>> is
>> > > running the demo version can be different, but I tested it on my local
>> > > environment with all timezones set correctly and noticed this
>> behaviour.
>> > Is
>> > > this a bug or is it working as expected?
>> > >
>> > > Let me know if I was not clear enough...
>> > >
>> > > Thanks
>> > >
>> > > Lionel
>> > >
>> >
>>
>
Re: Penalties generated late
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Lionel,
In my opinion, I don't like to consider it's bug (but still it is) as I
would like to be bit soft-corner when it comes to penalties in MFIs. :) .
It must be fixed, nonetheless.
Regards
Santosh
On Mar 9, 2017 7:03 PM, "Lionel Raymundi - Poincenot" <li...@poincenot.com>
wrote:
> Hi Santosh!
>
> Ok, thanks for your answer.
> I have created https://issues.apache.org/jira/browse/FINERACT-418. When
> you
> said "enhancement" did you mean i should create the ticket on JIRA as
> "Improvement"?
> or is it a bug?
>
>
>
> El 8 mar. 2017 11:45 p. m., "Santosh Math" <santosh@confluxtechnologies.
> com>
> escribió:
>
> > Hi Lionel,
> > Sorry for delayed reply. I reproduced your issue. You can rise Jira as
> > enhancement.
> >
> > Thanks
> > Santosh
> >
> > On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
> > lionel@poincenot.com>
> > wrote:
> >
> > > Hi guys,
> > >
> > > We have noticed that penalty charges are being generated one day late
> for
> > > some cases. For example:
> > > .- Lets suppose the due date of an installment is on march the 5th.
> > > .- Overdue penalty is configured as 1% of installment interest, charged
> > > daily.
> > > .- System configuration has Grace on Penalty posting = 0 and
> > > penalty-wait-period = 0
> > > .- Run the Apply penalties to Overdued Loans job.
> > > .- Today is march the 7th, so I would expect to see penalties on that
> > > installment on the repayment schedule considering the following:
> > > a) Client didn't pay On march 5th. One penalty charge should be
> > generated.
> > > b) Client didn't pay On march 6th. Two penalty charges should be
> > generated.
> > >
> > > .- I would also expect to see the charge generated with due as of date
> 05
> > > and 06 March 2017 under "Charges" tab. But I only see one penalty, as
> of
> > > 05.
> > >
> > > https://demo.openmf.org/#/viewloanaccount/748
> > >
> > > A shorter version of this would be: If I run the job on the N day, y
> > would
> > > expect to see charges until N-1 (the day before N). But I see only
> > charges
> > > generated until N-2 (Two days before).
> > >
> > > I know that maybe the tenant timezone and the computer where fineract
> is
> > > running the demo version can be different, but I tested it on my local
> > > environment with all timezones set correctly and noticed this
> behaviour.
> > Is
> > > this a bug or is it working as expected?
> > >
> > > Let me know if I was not clear enough...
> > >
> > > Thanks
> > >
> > > Lionel
> > >
> >
>
Re: Penalties generated late
Posted by Lionel Raymundi - Poincenot <li...@poincenot.com>.
Hi Santosh!
Ok, thanks for your answer.
I have created https://issues.apache.org/jira/browse/FINERACT-418. When you
said "enhancement" did you mean i should create the ticket on JIRA as
"Improvement"?
or is it a bug?
El 8 mar. 2017 11:45 p. m., "Santosh Math" <sa...@confluxtechnologies.com>
escribió:
> Hi Lionel,
> Sorry for delayed reply. I reproduced your issue. You can rise Jira as
> enhancement.
>
> Thanks
> Santosh
>
> On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <
> lionel@poincenot.com>
> wrote:
>
> > Hi guys,
> >
> > We have noticed that penalty charges are being generated one day late for
> > some cases. For example:
> > .- Lets suppose the due date of an installment is on march the 5th.
> > .- Overdue penalty is configured as 1% of installment interest, charged
> > daily.
> > .- System configuration has Grace on Penalty posting = 0 and
> > penalty-wait-period = 0
> > .- Run the Apply penalties to Overdued Loans job.
> > .- Today is march the 7th, so I would expect to see penalties on that
> > installment on the repayment schedule considering the following:
> > a) Client didn't pay On march 5th. One penalty charge should be
> generated.
> > b) Client didn't pay On march 6th. Two penalty charges should be
> generated.
> >
> > .- I would also expect to see the charge generated with due as of date 05
> > and 06 March 2017 under "Charges" tab. But I only see one penalty, as of
> > 05.
> >
> > https://demo.openmf.org/#/viewloanaccount/748
> >
> > A shorter version of this would be: If I run the job on the N day, y
> would
> > expect to see charges until N-1 (the day before N). But I see only
> charges
> > generated until N-2 (Two days before).
> >
> > I know that maybe the tenant timezone and the computer where fineract is
> > running the demo version can be different, but I tested it on my local
> > environment with all timezones set correctly and noticed this behaviour.
> Is
> > this a bug or is it working as expected?
> >
> > Let me know if I was not clear enough...
> >
> > Thanks
> >
> > Lionel
> >
>
Re: Penalties generated late
Posted by Santosh Math <sa...@confluxtechnologies.com>.
Hi Lionel,
Sorry for delayed reply. I reproduced your issue. You can rise Jira as
enhancement.
Thanks
Santosh
On Mar 7, 2017 1:55 AM, "Lionel Raymundi - Poincenot" <li...@poincenot.com>
wrote:
> Hi guys,
>
> We have noticed that penalty charges are being generated one day late for
> some cases. For example:
> .- Lets suppose the due date of an installment is on march the 5th.
> .- Overdue penalty is configured as 1% of installment interest, charged
> daily.
> .- System configuration has Grace on Penalty posting = 0 and
> penalty-wait-period = 0
> .- Run the Apply penalties to Overdued Loans job.
> .- Today is march the 7th, so I would expect to see penalties on that
> installment on the repayment schedule considering the following:
> a) Client didn't pay On march 5th. One penalty charge should be generated.
> b) Client didn't pay On march 6th. Two penalty charges should be generated.
>
> .- I would also expect to see the charge generated with due as of date 05
> and 06 March 2017 under "Charges" tab. But I only see one penalty, as of
> 05.
>
> https://demo.openmf.org/#/viewloanaccount/748
>
> A shorter version of this would be: If I run the job on the N day, y would
> expect to see charges until N-1 (the day before N). But I see only charges
> generated until N-2 (Two days before).
>
> I know that maybe the tenant timezone and the computer where fineract is
> running the demo version can be different, but I tested it on my local
> environment with all timezones set correctly and noticed this behaviour. Is
> this a bug or is it working as expected?
>
> Let me know if I was not clear enough...
>
> Thanks
>
> Lionel
>