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Posted to issues@fineract.apache.org by "Aleksandar Vidakovic (Jira)" <ji...@apache.org> on 2022/08/22 12:16:01 UTC

[jira] [Updated] (FINERACT-843) Mifos Calculation of reinstallment day

     [ https://issues.apache.org/jira/browse/FINERACT-843?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Aleksandar Vidakovic updated FINERACT-843:
------------------------------------------
    Fix Version/s: 1.9.0
                       (was: 1.8.0)

> Mifos Calculation of reinstallment day
> --------------------------------------
>
>                 Key: FINERACT-843
>                 URL: https://issues.apache.org/jira/browse/FINERACT-843
>             Project: Apache Fineract
>          Issue Type: New Feature
>          Components: Loan
>    Affects Versions: 1.8.0
>            Reporter: Jose Alberto Hernandez Maldonado
>            Priority: Minor
>              Labels: easyfix, features
>             Fix For: 1.9.0
>
>         Attachments: 01__Terms_Settings.png, 02__Schedule.png
>
>
> Problem
> How to configure a Loan with 2 specific installments in a Month.
>  # The first one occurs every 15th oh the Month.
>  # The Second must occurs the last day of the Month.
> Solution
> We detect two cases:
> If the date is before 15th day, then the next is (fixed) to the 15th day of the current month,
> Else If the date is after 15th day, then the next date will be end of month (calculated) with the java LocalDate method class.
> * In both cases, as Mifos X applies the Business rule for no working days.
>  
> Finally we defined a new EnumType called SemiWeeks for that case



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