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  1. Apache Fineract
  2. FINERACT-1761

New Charge-adjustment Transaction

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Details

    • New Feature
    • Status: Closed
    • Major
    • Resolution: Fixed
    • None
    • 1.9.0
    • None

    Description

      As a user with 'NEW'“ permission
      I want to add a new charge adjustment transaction
      in order to post the charge adjustment benefit provided to the customer

      User Cases/Background and details:
      The previous solution provided by Fineract of Charge waive (for an unpaid charge) and charge refund(for a paid charge) had its own constraints with respect to

      1. Restrictions on reversal of previous transactions.
      2. Reverse replays for charge refunds
      3. Accounting.

      Proposed the new solution will satisfy all the requirements with new adjustment transaction:

      1. A single transaction can be used to adjust both paid and unpaid charges.
      2. Since it is always posted at the current date, reversal of the previous transaction should not be a problem.
      3. The proper linkage between the new charge adjustment transaction with the loan charge.

      Linking

      • The new charge adjustment transaction type requires a reference to the charge to which it is being adjusted. This will be the transaction ID added as a link to the loan_charge. Only the new transaction points to an existing loan_charge.
      • Details of the existing loan charge should be provided manually by the user
      Acceptance Criteria
      1. New charge adjustment transaction behaviour is the same as the goodwill credit transaction Behaviour
      2. Only difference is “charge adjustment transaction should be linked to the “loan charge account”.

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              adamsaghy Adam Saghy
              mdallos Mihaly Dallos
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              Dates

                Created:
                Updated:
                Resolved: