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Posted to issues@fineract.apache.org by "Francis Guchie (Jira)" <ji...@apache.org> on 2023/06/06 11:24:00 UTC

[jira] [Comment Edited] (FINERACT-657) Enhancement of Standing Instruction dealing with insufficient fund in Savings Account

    [ https://issues.apache.org/jira/browse/FINERACT-657?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=17729692#comment-17729692 ] 

Francis Guchie edited comment on FINERACT-657 at 6/6/23 11:23 AM:
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[~rrpawar] [~ikimbrah] [~mkaitesi] [~eroemma] 

I think we just saw this yesterday, and there is a new twist to this to that is connected to FINERACT-894, So besides taking out what is left on the account, we need to also consider the other problem.
If or during the cron job, if one of the accounts has insufficient funds, all the other accounts are ignored and the system will just provide the error log. 

For a successful cron job of standing instructions, all the accounts in the batch should have enough balances. I think the approach used is  *"ALL OR NOTHING"*

 

[~bgowda] have you experienced this before??


was (Author: francisguchie):
[~rrpawar] [~ikimbrah] [~mkaitesi] [~eroemma] 

I think we just saw this yesterday, and there is a new twist to this to that is connected to FINERACT-894, So besides taking out what is left on the account, we need to also consider the other problem.
If or during the cron job, if one of the accounts has insufficient funds, all the other accounts are ignored and the system will just provide the error log. 

For a successful cron job of standing instructions, all the accounts in the batch should have enough balances. I think the approach used is  *"ALL OR NOTHING"*

> Enhancement of Standing Instruction dealing with insufficient  fund in Savings Account
> --------------------------------------------------------------------------------------
>
>                 Key: FINERACT-657
>                 URL: https://issues.apache.org/jira/browse/FINERACT-657
>             Project: Apache Fineract
>          Issue Type: Improvement
>          Components: Loan, Savings
>    Affects Versions: 1.8.0
>            Reporter: Santosh Math
>            Assignee: Rahul Pawar
>            Priority: Major
>              Labels: p2
>             Fix For: 1.9.0
>
>
> (Original Description By  Zayyad in mailing list)
> Current Behaviour:
> If there isn't sufficient funds in the linked savings account, Scheduler jobs for "Execute Standing Instruction" gets failed. And the repayment doesn't happen. 
>  Expected Behaviour:
> We have had an enquiry before that if the linked savings doesn’t have enough, then the system should recover the whole amount available in the account and once the account is credited with any other amount the same is deducted until the amount due is fully collected.



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