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  1. Apache Fineract
  2. FINERACT-916

New Type Of Charge Time Type



    • New Feature
    • Status: Resolved
    • Major
    • Resolution: Duplicate
    • 1.4.0
    • 1.4.0
    • Charges, Savings
    • None


      A charge time type element has to be developed in Fineract. This event is similar to other events of a banking cycle such as Withdrawal, disbursement, account activation(for eg savings activation) The time type is association with Fund Transfer action.

      The event is associated with a following specific scenario to Merchant (M) and his Merchant Account (MA). Merchants can hold multiple account by Fineract definition I.E MA1, MA2

      1. Whenever a Merchant Account(MA)receives Fund via Transfer from other existing customer accounts in Fineract.
      2. Not applicable if MA receives fund via Deposit.
      3. Not applicable if MA receives fund via a reversal of a txn from its own MA account.
      4. Not applicable if MA1 receives fund from MA2 i.e from one account of same Merchant to another. The Non-applicability is also extended if MA receives fund from other merchants for eg- Merchant 1 receives from Merchant 2 via an inter account txn such as Merchant1A/C -Merchant2A/C

      This feature can be called as Fund transfer time type. When a Charge is configured with this time type, the Said charge will Calculate and post this charge to Merchant Account and will obviously show in Charges.





            Unassigned Unassigned
            saransh Saransh Sharma
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