...
Payment is applied to every member loan account and also information about payment is updated applied on Group loan account.
3.2 User can apply payment (with amount greater than installment amount) to entire Group Loan account
Actors
- User with permissions to create and display Group Loan accounts
- User with permissions to apply payments to Group Loan accounts
Preconditions
- Group Loan account permission: "Can make payment to the account"
Preconditions
- New GLIM Loan account was previously created
Basic Flow
- User opens Group Loan account details page
- User clicks on 'Loan repaymentApply payment' button
- Amount is automatically deducted according to contribution of every member in Group Loan account
- In the next step, user has possibility to has to edit payment amount for every member
- User clicks 'Submit' button
...
- First the whole installment amount is repaid on individual member accounts and also information about payment is updated on Group loan account. . After that overpayment amount is applied to the next installment on individual member accounts and also information about payment is updated overpayment amount is applied on Group loan account.
- Amount of interest for next installment is recalculated according to the decreased principal amount.
3.3 User can apply payment (with amount partial installment amount) to entire Group Loan account
Actors
- User with permissions to create and display Group Loan accounts
- User with permissions to apply payments to Group Loan accounts
Preconditions
- Group Loan account permission: "Can make payment to the account"
Preconditions
- New GLIM Loan account was previously created
Basic Flow
- User opens Group Loan account details page
- User clicks on 'Loan repaymentApply payment' button
- Amount is automatically deducted according to contribution of every member in Group Loan account account
- In the next step, user has possibility to has to edit payment amount for every member
- User clicks 'Submit' button
...