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Some events might have further details attributes associated with them, which would allow fine-grained control over the accounting rule to be implemented invoked based on the event detailattribute
Event | Event Attributes | Comments |
Disbursement | Cash Transaction |
|
Check Transaction |
| |
Receipt |
| |
Wire-Transfer |
| |
Mobile Money |
| |
Interest Applied |
|
|
Fee Applied |
|
|
Penalty Applied |
|
|
Principal repayment | Cash Transaction |
|
Check Transaction |
| |
Receipt |
| |
Wire-Transfer |
| |
Mobile Money |
| |
Interest payment | (Same attributes as principal repayment) |
|
Fee payment | (Same attributes as principal repayment) |
|
Penalty payment | (Same attributes as principal repayment) |
|
Interest waiver |
|
|
Fee waiver |
|
|
Penalty waiver |
|
|
Principal write-Off | Non-payment |
|
| Member Death | Needed by GK for posting to Insurance related accounts |
| Spouse Death | Needed by GK for posting to insurance related accounts |
= applicable only when the products use accrual based accounting
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Now consider the following scenarioscenarios
3.2.1 Example 1
An IGL loan is disbursed in Bangalore using M-Pesa
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