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Posted to dev@fineract.apache.org by George Ng'ang'a <gk...@gmail.com> on 2017/07/24 15:40:15 UTC

Loan prepaid

Client borrowed loan for 6 months repayment. After 3 months he clears the loan. The system still charges interest for the remaining months.

How do i make it not charge interest for only those 3 months.

Re: [Mifos-developer] Loan prepaid

Posted by Ziaur Rahman <zi...@mislbd.com>.

You have to set recalculate profit to true in loan product setup. 

Sent from my iPhone

> On Jul 24, 2017, at 9:40 PM, George Ng'ang'a <gk...@gmail.com> wrote:
> 
> Client borrowed loan for 6 months repayment. After 3 months he clears the loan. The system still charges interest for the remaining months.
> 
> How do i make it not charge interest for only those 3 months.
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