/**
* This Source Code Form is subject to the terms of the Mozilla Public
* License, v. 2.0. If a copy of the MPL was not distributed with this file,
* You can obtain one at http://mozilla.org/MPL/2.0/.
*/
package org.mifosplatform.portfolio.loanaccount.domain.transactionprocessor.impl;
import java.util.List;
import org.joda.time.LocalDate;
import org.mifosplatform.organisation.monetary.domain.MonetaryCurrency;
import org.mifosplatform.organisation.monetary.domain.Money;
import org.mifosplatform.portfolio.loanaccount.domain.LoanRepaymentScheduleInstallment;
import org.mifosplatform.portfolio.loanaccount.domain.LoanTransaction;
import org.mifosplatform.portfolio.loanaccount.domain.transactionprocessor.AbstractLoanRepaymentScheduleTransactionProcessor;
import org.mifosplatform.portfolio.loanaccount.domain.transactionprocessor.LoanRepaymentScheduleTransactionProcessor;
/**
* This {@link LoanRepaymentScheduleTransactionProcessor} defaults to having the
* payment order of Interest first, then principal, penalties and fees.
*/
public class EarlyPaymentLoanRepaymentScheduleTransactionProcessor extends AbstractLoanRepaymentScheduleTransactionProcessor {
/**
* For early/'in advance' repayments, pay off in the same way as on-time
* payments, interest first, principal, penalties and charges.
*/
@SuppressWarnings("unused")
@Override
protected Money handleTransactionThatIsPaymentInAdvanceOfInstallment(final LoanRepaymentScheduleInstallment currentInstallment,
final List<LoanRepaymentScheduleInstallment> installments, final LoanTransaction loanTransaction,
final LocalDate transactionDate, final Money paymentInAdvance) {
final MonetaryCurrency currency = paymentInAdvance.getCurrency();
Money transactionAmountRemaining = paymentInAdvance;
Money principalPortion = Money.zero(transactionAmountRemaining.getCurrency());
Money interestPortion = Money.zero(transactionAmountRemaining.getCurrency());
Money feeChargesPortion = Money.zero(transactionAmountRemaining.getCurrency());
Money penaltyChargesPortion = Money.zero(transactionAmountRemaining.getCurrency());
if (loanTransaction.isChargesWaiver()) {
penaltyChargesPortion = currentInstallment.waivePenaltyChargesComponent(transactionDate,
loanTransaction.getPenaltyChargesPortion(currency));
transactionAmountRemaining = transactionAmountRemaining.minus(penaltyChargesPortion);
feeChargesPortion = currentInstallment
.waiveFeeChargesComponent(transactionDate, loanTransaction.getFeeChargesPortion(currency));
transactionAmountRemaining = transactionAmountRemaining.minus(feeChargesPortion);
} else if (loanTransaction.isInterestWaiver()) {
interestPortion = currentInstallment.waiveInterestComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(interestPortion);
loanTransaction.updateComponents(principalPortion, interestPortion, feeChargesPortion, penaltyChargesPortion);
} else if (loanTransaction.isChargePayment()) {
if (loanTransaction.isPenaltyPayment()) {
penaltyChargesPortion = currentInstallment.payPenaltyChargesComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(penaltyChargesPortion);
} else {
feeChargesPortion = currentInstallment.payFeeChargesComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(feeChargesPortion);
}
loanTransaction.updateComponents(principalPortion, interestPortion, feeChargesPortion, penaltyChargesPortion);
} else {
// Only allocate to principal:
principalPortion = currentInstallment.payPrincipalComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(principalPortion);
loanTransaction.updateComponents(principalPortion, interestPortion, feeChargesPortion, penaltyChargesPortion);
}
return transactionAmountRemaining;
}
/**
* For late repayments, pay off in the same way as on-time payments,
* interest first then principal.
*/
@SuppressWarnings("unused")
@Override
protected Money handleTransactionThatIsALateRepaymentOfInstallment(final LoanRepaymentScheduleInstallment currentInstallment,
final List<LoanRepaymentScheduleInstallment> installments, final LoanTransaction loanTransaction,
final Money transactionAmountUnprocessed) {
return handleTransactionThatIsOnTimePaymentOfInstallment(currentInstallment, loanTransaction, transactionAmountUnprocessed);
}
/**
* For normal on-time repayments, pays off interest first, then principal.
*/
@Override
protected Money handleTransactionThatIsOnTimePaymentOfInstallment(final LoanRepaymentScheduleInstallment currentInstallment,
final LoanTransaction loanTransaction, final Money transactionAmountUnprocessed) {
final LocalDate transactionDate = loanTransaction.getTransactionDate();
final MonetaryCurrency currency = transactionAmountUnprocessed.getCurrency();
Money transactionAmountRemaining = transactionAmountUnprocessed;
Money principalPortion = Money.zero(transactionAmountRemaining.getCurrency());
Money interestPortion = Money.zero(transactionAmountRemaining.getCurrency());
Money feeChargesPortion = Money.zero(transactionAmountRemaining.getCurrency());
Money penaltyChargesPortion = Money.zero(transactionAmountRemaining.getCurrency());
if (loanTransaction.isChargesWaiver()) {
// zero this type of transaction and ignore it for now.
transactionAmountRemaining = Money.zero(currency);
} else if (loanTransaction.isInterestWaiver()) {
interestPortion = currentInstallment.waiveInterestComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(interestPortion);
loanTransaction.updateComponents(principalPortion, interestPortion, feeChargesPortion, penaltyChargesPortion);
} else if (loanTransaction.isChargePayment()) {
if (loanTransaction.isPenaltyPayment()) {
penaltyChargesPortion = currentInstallment.payPenaltyChargesComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(penaltyChargesPortion);
} else {
feeChargesPortion = currentInstallment.payFeeChargesComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(feeChargesPortion);
}
loanTransaction.updateComponents(principalPortion, interestPortion, feeChargesPortion, penaltyChargesPortion);
} else {
interestPortion = currentInstallment.payInterestComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(interestPortion);
principalPortion = currentInstallment.payPrincipalComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(principalPortion);
penaltyChargesPortion = currentInstallment.payPenaltyChargesComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(penaltyChargesPortion);
feeChargesPortion = currentInstallment.payFeeChargesComponent(transactionDate, transactionAmountRemaining);
transactionAmountRemaining = transactionAmountRemaining.minus(feeChargesPortion);
loanTransaction.updateComponents(principalPortion, interestPortion, feeChargesPortion, penaltyChargesPortion);
}
return transactionAmountRemaining;
}
}