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Posted to dev@fineract.apache.org by Stephen Agyepong <st...@gmail.com> on 2017/11/07 15:06:56 UTC

Initial Setup Issues - Repayment Scheduleing Type List is Empty

On Tue, Nov 7, 2017 at 9:48 AM, Stephen Agyepong <st...@gmail.com>
wrote:

> Ed,
>
> I am running
> mifosplatform-17.07.01.release
> fineract 1.0.0
>
> Thanks
>
> On Tue, Nov 7, 2017 at 9:39 AM, Ed Cable <ed...@mifos.org> wrote:
>
>> So stephen you don't see the two values in the dropdown here? What
>> version are you running?
>>
>>
>> ​
>>
>> On Tue, Nov 7, 2017 at 6:26 AM, Stephen Agyepong <
>> stephenagyepong@gmail.com> wrote:
>>
>>> Hi,
>>>
>>> I am trying to setup a New Head Office on my local machine (Windows 10)
>>> but
>>> have issues.
>>> For example, the "Repayment Scheduleing Type" of the "Create Holiday"
>>> feature's dropdown list is empty.
>>> How does it get populated?
>>> I am following this link:
>>> https://mifosforge.jira.com/wiki/spaces/docs/pages/67895348/
>>> Initial+System+Set+Up?preview
>>>
>>> What am I missing?
>>>
>>> Thanks
>>>
>>> Stephen
>>>
>>> On Tue, Oct 31, 2017 at 12:25 PM, Ed Cable <ed...@mifos.org> wrote:
>>>
>>> > Thanks Santosh. I added bullet loan to the title for people that search
>>> > that.
>>> >
>>> > Ed
>>> >
>>> > On Tue, Oct 31, 2017 at 9:21 AM, Santosh Math <
>>> > santosh@confluxtechnologies.com> wrote:
>>> >
>>> > > Hi Ed,
>>> > >
>>> > > I documented it here with little more and concise description:
>>> > >
>>> > > http://mifos.cloud.answerhub.com/questions/2393/how-to-pay-
>>> > > whole-principal-or-whole-principalinter.html?
>>> > childToView=2394#answer-2394
>>> > >
>>> > > Related to variable instalment, I will reproduce the scenario and
>>> let me
>>> > > come back on that.
>>> > >
>>> > > Thanks
>>> > > Santosh
>>> > >
>>> > > On Tue, Oct 31, 2017 at 9:29 PM, Ed Cable <ed...@mifos.org> wrote:
>>> > >
>>> > >> Santosh,
>>> > >>
>>> > >> Could we document that as a solution in AnswerHub?
>>> > >>
>>> > >> Ed
>>> > >>
>>> > >> On Tue, Oct 31, 2017 at 8:25 AM, Santosh Math <
>>> > >> santosh@confluxtechnologies.com> wrote:
>>> > >>
>>> > >>> Hi Ed,
>>> > >>>
>>> > >>> I created one scenario here- all principal only paid at last
>>> > instalment-
>>> > >>> using moratorium on Principal payment.
>>> > >>>
>>> > >>> https://demo.openmf.org/#/viewloanaccount/1722
>>> > >>>
>>> > >>> If number of instalments are 'n' and then set moratorium on
>>> principal
>>> > >>> payment as 'n-1'
>>> > >>>
>>> > >>> in above link n=4.
>>> > >>>
>>> > >>>
>>> > >>> Thanks
>>> > >>> Santosh
>>> > >>>
>>> > >>> On Tue, Oct 31, 2017 at 7:59 PM, Ed Cable <ed...@mifos.org>
>>> wrote:
>>> > >>>
>>> > >>>> Santosh or others,
>>> > >>>>
>>> > >>>> I was trying to test out configuration of a bullet loan (all
>>> principal
>>> > >>>> or principal/interest) to be repaid in the final installment of
>>> the
>>> > loan.
>>> > >>>>
>>> > >>>> I was going to try two approaches and ended up doing mix of the
>>> two to
>>> > >>>> achieve my purpose but I think it could be made easier.
>>> > >>>>
>>> > >>>> *Approach 1: *
>>> > >>>> - Set loan term to # of months for total maturity of loan (i.e. 24
>>> > >>>> months)
>>> > >>>> - Set # of repayments to 1.
>>> > >>>>
>>> > >>>> Expected: Repayment schedule has the 1 one repayment as the final
>>> date
>>> > >>>> in the maturity of the loan
>>> > >>>>
>>> > >>>> Actual: Repayment date is first due after disbursal (i.e. first
>>> > month).
>>> > >>>>
>>> > >>>> Approach 2:
>>> > >>>>
>>> > >>>> - Create a full schedule
>>> > >>>> - Modify repayment schedule and delete all the payments except the
>>> > last
>>> > >>>> one and modify installments amount to be total.
>>> > >>>>
>>> > >>>> Expected: successful loan creation
>>> > >>>>
>>> > >>>> Actual: got several different errors even though I had set max
>>> gap in
>>> > >>>> installment to be greater than the gap I was testing.
>>> > >>>>
>>> > >>>> validation.msg.loan.variable.schedule.date.must.be.in.min.ma
>>> x.range
>>> > >>>>
>>> > >>>>
>>> > >>>> Blended Approach:
>>> > >>>>
>>> > >>>> - At last I just did what I did in approach 1 and then i modified
>>> > >>>> repayment schedule to adjust the installment date till the
>>> maturity
>>> > date.
>>> > >>>> Originally I thought i had to do find this maturity date on my own
>>> > but then
>>> > >>>> I realize it was displayed so this isn't too bad.
>>> > >>>>
>>> > >>>> Alternatively one could specify first repayment date as this
>>> maturity
>>> > >>>> date too.
>>> > >>>>
>>> > >>>> Is this the approach one should take?
>>> > >>>>
>>> > >>>> --
>>> > >>>> *Ed Cable*
>>> > >>>> President/CEO, Mifos Initiative
>>> > >>>> edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>>> > >>>> <(484)%20477-8649>
>>> > >>>>
>>> > >>>> *Collectively Creating a World of 3 Billion Maries | *
>>> > http://mifos.org
>>> > >>>> <http://facebook.com/mifos>  <http://www.twitter.com/mifos>
>>> > >>>>
>>> > >>>>
>>> > >>>
>>> > >>
>>> > >>
>>> > >> --
>>> > >> *Ed Cable*
>>> > >> President/CEO, Mifos Initiative
>>> > >> edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>>> > >> <(484)%20477-8649>
>>> > >>
>>> > >> *Collectively Creating a World of 3 Billion Maries | *
>>> http://mifos.org
>>> > >> <http://facebook.com/mifos>  <http://www.twitter.com/mifos>
>>> > >>
>>> > >>
>>> > >
>>> >
>>> >
>>> > --
>>> > *Ed Cable*
>>> > President/CEO, Mifos Initiative
>>> > edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>>> >
>>> > *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
>>> > <http://facebook.com/mifos>  <http://www.twitter.com/mifos>
>>> >
>>>
>>
>>
>>
>> --
>> *Ed Cable*
>> President/CEO, Mifos Initiative
>> edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>> <(484)%20477-8649>
>>
>> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
>> <http://facebook.com/mifos>  <http://www.twitter.com/mifos>
>>
>>
>