d) If any interest (or fee) was waived on an account - and the interest (or fee) changes due to the recalculations - then the waived amount will not be automatically changed by Mifos. The only situation when Mifos will automatically change the waived amount is when the total recalculated interest (or fee) due is less than the waived amount.
Total Interest dues: Apr-14 - 300, May-14 - 250 and Jun-14 - 200
The waived amount remains as 300 (i.e. April's interest of 250 is waived and from May's interest - 50 is waived. If other behavior is needed, then user has to reverse the earlier waiver and then apply interest recalculation and then re-do the waiving with new amount).
The only situation when Mifos will automatically change the waived amount is when the total recalculated interest (or fee) due is less than the waived amount. In such a case, the waived amount is reduced to the recalculated amount.
e) If a fee is already paid and due to the recalculations if the fee is reduced (or increased), then the fee paid transaction is not altered. Any excess fees already paid in can be refunded at the end of the tenure of the loan (as then it will show that the account is overpaid). If there is an increase in fee due to the recalculations, then the additional fee can be collected.
For Loan Products and Loan Accounts