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Loan Module

Posted: Mon Jul 14, 2008 7:37 pm
by allan.registos
Hi to all,
I am a PHP newbie.
I am currently developing a Payroll system based on PHP. I have difficulty for creating the code for the loan module. Is there any thread that already discuss this or any help out there on how to implement this? I just want to have these inputs for loan module:
Employee Name:
Date of Loan:
Type of Loan:
Loan Amount:
Terms of Payment by Years and Months only:
Amortization(can be automatically computed by javascript):
Date of Deduction started:
Months already paid:
Then the code will compute the future dates of payments every 15th and last day of the month as long as the balance is not equal to zero as deducted by the amount of amortization..
Then store all these in the mysql table.

Thank you...
Allan

Re: Loan Module

Posted: Mon Jul 14, 2008 7:49 pm
by alex.barylski
No disscussions here I dought...to specific...we have mostly theoretical disscussions about application design in general not implementation specifics for given areas, except maybe content management systems.

Try finding a open source project which does financial stuff and ask there as I am sure those people would be more inclined to get into how best to implement financial modules.

Cheers :)

Re: Loan Module

Posted: Mon Jul 14, 2008 7:58 pm
by allan.registos
Hockey wrote:No disscussions here I dought...to specific...we have mostly theoretical disscussions about application design in general not implementation specifics for given areas, except maybe content management systems.

Try finding a open source project which does financial stuff and ask there as I am sure those people would be more inclined to get into how best to implement financial modules.

Cheers :)
Thanks for your quick reply...
Actually I am working on top of an open source project, but it was still in alpha state. This project was based on webERP and actually another person originally started this project two years ago.
And I am starting to look into the code and at the same time learning. I was afraid before posting here that the forum can be more up to design rather than the specific codes I want. Anyway, I will stay here for good.

Thanks again...

Re: Loan Module

Posted: Mon Jul 14, 2008 10:03 pm
by allan.registos
Message was edited, response is no longer needed...
Thanks, ;)

Re: Loan Module

Posted: Tue Jul 22, 2008 12:11 am
by safrina
Hi friends, I am 22 years old student. For this fall semester I didn’t expect to get anything for financial aid, so I applied for a third party student loan and I was approved, but haven’t accepted it yet. However I did receive financial aid, so now I have extra money available. If I take it, will that affect my financial aid in the nearby future? Let me know your idea. Thanks a lot.

Re: Loan Module

Posted: Mon Jul 28, 2008 7:24 pm
by allan.registos
How can we implement scheduling in PHP? I need to store future dates this way:

Every last day of the month
and every 15th of the month

These values will be stored in a mysql table...

Any help?