System picks incorrect GLs for Loan Disbursement Entries

[eroemma]

Hello, I have a situation with how the system makes System Entries at disbursement
I have the GLs configured and mapped respectively for all Loan products and Savings products
Loan product Configuration;
Accounting = ACCRUAL UPFRONT
Fund source = Till Cash (Account Type) Asset GL

Scenario:

At loan disbursement
Expected Entries
Loan product (individual Business Loan)/Asset GL = Debited
Till Cash (Asset GL) = Credited

Actual Entries (system entries)
Loan product (individual Business Loan)/Asset GL = Debited
Accounts Payable- suppliers (Liability GL) = Credited

The problem here is the system selects Accounts payable -suppliers (Liability GL) instead of Till Cash (Asset GL)

What could cause such a thing?
How can I fix this issue and maybe how can transfers these balances to the Till Cash GL?

[francisguchie]

Hello, I have a situation with how the system makes System Entries at disbursement
I have the GLs configured and mapped respectively for all Loan products and Savings products
Loan product Configuration;
Accounting = ACCRUAL UPFRONT
Fund source = Till Cash (Account Type) Asset GL

Scenario:

At loan disbursement
Expected Entries
Loan product (individual Business Loan)/Asset GL = Debited
Till Cash (Asset GL) = Credited

Actual Entries (system entries)
Loan product (individual Business Loan)/Asset GL = Debited
Accounts Payable- suppliers (Liability GL) = Credited

The problem here is the system selects Accounts payable -suppliers (Liability GL) instead of Till Cash (Asset GL)

What could cause such a thing?
How can I fix this issue and maybe how can transfers these balances to the Till Cash GL?

Kindly mention the version of Fineract you are using

[francisguchie]

@eroemma

This could be a fineract issue as I have had this kind of issue before but i have not seen this again see this link https://issues.apache.org/jira/browse/FINERACT-1308

[eroemma]

@francisguchie
Fineract Release Apache Fineract v1.5.0

Running on Version 17.07.01.RELEASE, then I restored the DB and upgraded it to Version 18.03.01.RELEASE and still the issue has not persisted.

[francisguchie]

@eroemma
I think you are confusing these releases with fineract versions. They tease me too sometimes

Kindly stick to the latest release which is 21.07.01 (i.e Fineract v1.5.0) see https://github.com/apache/fineract/releases and the latest release files in zip folder here https://sourceforge.net/projects/mifos/files/

Just follow instructions here https://mifosforge.jira.com/wiki/spaces/docs/pages/2807201793/Mifos+X+21.07.01+Installation+Guide+with+Pentaho+plugin
and stick with the latest - pack porting errors found in 17.07.01 and 18.03.01 might be a longer process for you

[eroemma]

@francis Guchie ***@***.***> thank you for throwing more light on the versions and release. I will focus on the latest and test it. Best regards.

…

On Fri, Aug 20, 2021 at 1:59 AM Guchie ***@***.***> wrote: @eroemma <https://github.com/eroemma> I think you are confusing these releases with fineract versions. They tease me too sometimes Kindly stick to the latest release which is 21.07.01 (i.e Fineract v1.5.0) see https://github.com/apache/fineract/releases and the latest release files in zip folder here https://sourceforge.net/projects/mifos/files/ — You are receiving this because you were mentioned. Reply to this email directly, view it on GitHub <#3416 (comment)>, or unsubscribe <https://github.com/notifications/unsubscribe-auth/AOR5DSARVA3OSSGY5QLFXDLT5WEGLANCNFSM5CMZK4OA> .

[eroemma]

@francisguchie, I finally got the root of the issue and it was Financial Activity mapping, once the changes were done, all was something worth to smile about. cheers and thanks for guidance.

Best regard.

[eroemma]

The issue is sorted out