At Centers there is a probability of transactions being entered incorrectly and detected much later. How to correct such transactions?
Only the last applied transaction will be allowed to be corrected. Mifos already supports this feature.
Offline collection sheet will provide facility to correct the latest transactions of the following types:
Loan interest repayments
Loan principal repayments etc.
Any corrections prior to the last transaction, will need to done using other manual workarounds in Mifos (Loan reversal and redo loan or applying a deposit or withdrawal on the savings)