Financial Year Feature

Description

Mifos should have support for basing transactions on financial year instead of calendar year.

For accounting purposes, should be able to close on financial year (i.e. Apr 1 to Mar 31).

from Amit Jain via mailing list:

What will be the benefits?
As we all knows that HUGO is developing the accounting module for Mifos, that will be add soon in Mifos X or earlier Might be it is usefull because it is a basic accounting principle.

1.The transaction will have a restriction of financial year.
2.Reports like active loan summary will be based on financial year.
3.You can analyses the data based on years.
A pre step towards accounting in Mifos.
4.Once the financial year closed no back dated entries are allowed to disturb the book of any MFI.

Presently I feel this is the lacking in MIfos.
The community will tell more on this.I any one have question in mind please let me know.

Environment

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Activity

Show:
Ed Cable
September 21, 2012, 5:59 PM

This needs an estimate.

Assignee

Unassigned

Reporter

AMIT JAIN

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Time remaining

40h

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Fix versions

Priority

Minor
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