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  1. Apache Fineract
  2. FINERACT-688

Periodic Accrual accounting: Accrue fees when paid

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    Details

    • Type: Improvement
    • Status: Open
    • Priority: Major
    • Resolution: Unresolved
    • Affects Version/s: 1.1.0
    • Fix Version/s: None
    • Component/s: Loan
    • Labels:
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      Description

      As per periodic accrual accounting method, charges are accrued when they become due. Ideally, as per standard industry practice, charges should accrue when borrower actually pays them, not prior to that.

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            • Assignee:
              Unassigned
              Reporter:
              sapana sapana
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              Dates

              • Created:
                Updated: