SaFi Bank Space : Money Movement between account and addresses

Note

All accounts in the smart contract have their Tside (Asset or Liability) and here is the list:

https://docs.thoughtmachine.net/vault-core/4-4/EN/reference/balances/overview/#accounting_model-debits_credits_and_tside

account type	T-Side	net balance
main account	Liability	total credit - total debit
pocket account	Liability	total credit - total debit
loan account	Asset	total debit - total credit
TEST_ASSET_INTERNAL_ACCOUNT	Asset	total debit - total credit
LOAN_PENALTIES_UNPAID_INTERNAL	Liability	total credit - total debit

2. Money movements

We opened a loan as below:

Loan installment plan calculation

Parameter Name	Value	Description
Principal	30000
loan interest	0.031
denomination	PHP
terms	6
repayment day	19	repay at 19th of every month
loan open date	2022-01-19T16:00:00Z
emi	5045.31	last term’s emi will be different

installment plan:

Installment Number	Due Date	principal	interest	total(emi)
1	2022-02-19	4966.32	78.99	5045.31
2	2022-03-19	4985.78	59.53	5045.31
3	2022-04-19	4992.53	52.78	5045.31
4	2022-05-19	5006.95	38.36	5045.31
5	2022-06-19	5018.85	26.46	5045.31
6	2022-07-19	5029.57	12.82	5042.39

Money movement history:

loan open:

2022-01-19T16:00:00Z
Postings:
- LOAN_ACCOUNT:PRINCIPAL -> DUMMY_DEPOSITING_ACCOUNT:DEFAULT 30000PHP
  Payment of 30000 of loan principal
LOAN_ACCOUNT balances:
- PRINCIPAL: 30000PHP

Daily accrue interest

2022-01-21T16:00:01Z
Postings:
- LOAN_ACCOUNT:ACCRUED_INTEREST -> LOAN_ACCOUNT:INTERNAL_CONTRA 2.54795PHP
  Daily interest accrued at 0.008493% on outstanding principal of 30000
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 5.0959PHP
- INTERNAL_CONTRA: -5.0959PHP
- PRINCIPAL: 30000PHP

due date money movement

2022-02-19T16:01:00Z
Postings:
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:INTERNAL_CONTRA 0.00355PHP
  Extra interest charged to customer from negative remainder due to repayable amount for INTEREST_DUE rounded up
- LOAN_ACCOUNT:PRINCIPAL_DUE -> LOAN_ACCOUNT:PRINCIPAL 4966.32PHP
  Installment 1 principal added to due address: 4966.32
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:ACCRUED_INTEREST 78.98645PHP
  Installment 1 interest added to due address: 78.99
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- INTEREST_DUE: 78.99PHP
- INTERNAL_CONTRA: -78.99PHP
- PRINCIPAL: 25033.68PHP
- PRINCIPAL_DUE: 4966.32PHP

2022-02-19T17:00:00Z
Postings:
- [Unknown PI]
  Paying off 5045.31 from DUMMY_DEPOSITING_ACCOUNT, installment 1
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: -5045.31PHP
- INTEREST_DUE: 78.99PHP
- INTERNAL_CONTRA: -78.99PHP
- PRINCIPAL: 25033.68PHP
- PRINCIPAL_DUE: 4966.32PHP

2022-02-19T17:00:00Z
Postings:
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_PAID 78.99PHP
  Interest payment log for amount 78.99.
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:INTEREST_DUE 78.99PHP
  Paying off 78.99 on INTEREST_DUE, which was at 78.99 - 2022-02-19 17:00:00 from DEFAULT, installment 1
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:PRINCIPAL_DUE 4966.32PHP
  Paying off 4966.32 on PRINCIPAL_DUE, which was at 4966.32 - 2022-02-19 17:00:00 from DEFAULT, installment 1
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 0PHP
- INTEREST_PAID: -78.99PHP
- INTERNAL_CONTRA: 0PHP
- PRINCIPAL: 25033.68PHP
- PRINCIPAL_DUE: 0PHP

2022-03-19T16:01:00Z
Postings:
- LOAN_ACCOUNT:PRINCIPAL_DUE -> LOAN_ACCOUNT:PRINCIPAL 4985.78PHP
  Installment 2 principal added to due address: 4985.78
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:ACCRUED_INTEREST 59.5322PHP
  Installment 2 interest added to due address: 59.53
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_DUE 0.0022PHP
  Extra interest returned to customer from positive remainder due to repayable amount for INTEREST_DUE rounded down
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 59.53PHP
- INTEREST_PAID: -78.99PHP
- INTERNAL_CONTRA: -59.53PHP
- PRINCIPAL: 20047.9PHP
- PRINCIPAL_DUE: 4985.78PHP

2022-03-19T17:00:00Z
Postings:
- [Unknown PI]
  Paying off 5045.31 from DUMMY_DEPOSITING_ACCOUNT, installment 2
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: -5045.31PHP
- INTEREST_DUE: 59.53PHP
- INTEREST_PAID: -78.99PHP
- INTERNAL_CONTRA: -59.53PHP
- PRINCIPAL: 20047.9PHP
- PRINCIPAL_DUE: 4985.78PHP

2022-03-19T17:00:00Z
Postings:
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:INTEREST_DUE 59.53PHP
  Paying off 59.53 on INTEREST_DUE, which was at 59.53 - 2022-03-19 17:00:00 from DEFAULT, installment 2
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_PAID 59.53PHP
  Interest payment log for amount 59.53.
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:PRINCIPAL_DUE 4985.78PHP
  Paying off 4985.78 on PRINCIPAL_DUE, which was at 4985.78 - 2022-03-19 17:00:00 from DEFAULT, installment 2
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 0PHP
- INTEREST_PAID: -138.52PHP
- INTERNAL_CONTRA: 0PHP
- PRINCIPAL: 20047.9PHP
- PRINCIPAL_DUE: 0PHP

2022-04-19T16:01:00Z
Postings:
- LOAN_ACCOUNT:PRINCIPAL_DUE -> LOAN_ACCOUNT:PRINCIPAL 4992.53PHP
  Installment 3 principal added to due address: 4992.53
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:ACCRUED_INTEREST 52.7837PHP
  Installment 3 interest added to due address: 52.78
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_DUE 0.0037PHP
  Extra interest returned to customer from positive remainder due to repayable amount for INTEREST_DUE rounded down
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 52.78PHP
- INTEREST_PAID: -138.52PHP
- INTERNAL_CONTRA: -52.78PHP
- PRINCIPAL: 15055.37PHP
- PRINCIPAL_DUE: 4992.53PHP

2022-04-19T17:00:00Z
Postings:
- [Unknown PI]
  Paying off 5045.31 from DUMMY_DEPOSITING_ACCOUNT, installment 3
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: -5045.31PHP
- INTEREST_DUE: 52.78PHP
- INTEREST_PAID: -138.52PHP
- INTERNAL_CONTRA: -52.78PHP
- PRINCIPAL: 15055.37PHP
- PRINCIPAL_DUE: 4992.53PHP

2022-04-19T17:00:00Z
Postings:
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:INTEREST_DUE 52.78PHP
  Paying off 52.78 on INTEREST_DUE, which was at 52.78 - 2022-04-19 17:00:00 from DEFAULT, installment 3
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:PRINCIPAL_DUE 4992.53PHP
  Paying off 4992.53 on PRINCIPAL_DUE, which was at 4992.53 - 2022-04-19 17:00:00 from DEFAULT, installment 3
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_PAID 52.78PHP
  Interest payment log for amount 52.78.
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 0PHP
- INTEREST_PAID: -191.3PHP
- INTERNAL_CONTRA: 0PHP
- PRINCIPAL: 15055.37PHP
- PRINCIPAL_DUE: 0PHP

2022-05-19T16:01:00Z
Postings:
- LOAN_ACCOUNT:PRINCIPAL_DUE -> LOAN_ACCOUNT:PRINCIPAL 5006.95PHP
  Installment 4 principal added to due address: 5006.95
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:ACCRUED_INTEREST 38.3604PHP
  Installment 4 interest added to due address: 38.36
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_DUE 0.0004PHP
  Extra interest returned to customer from positive remainder due to repayable amount for INTEREST_DUE rounded down
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 38.36PHP
- INTEREST_PAID: -191.3PHP
- INTERNAL_CONTRA: -38.36PHP
- PRINCIPAL: 10048.42PHP
- PRINCIPAL_DUE: 5006.95PHP

2022-05-19T17:00:00Z
Postings:
- [Unknown PI]
  Paying off 5045.31 from DUMMY_DEPOSITING_ACCOUNT, installment 4
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: -5045.31PHP
- INTEREST_DUE: 38.36PHP
- INTEREST_PAID: -191.3PHP
- INTERNAL_CONTRA: -38.36PHP
- PRINCIPAL: 10048.42PHP
- PRINCIPAL_DUE: 5006.95PHP

2022-05-19T17:00:00Z
Postings:
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:PRINCIPAL_DUE 5006.95PHP
  Paying off 5006.95 on PRINCIPAL_DUE, which was at 5006.95 - 2022-05-19 17:00:00 from DEFAULT, installment 4
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:INTEREST_DUE 38.36PHP
  Paying off 38.36 on INTEREST_DUE, which was at 38.36 - 2022-05-19 17:00:00 from DEFAULT, installment 4
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_PAID 38.36PHP
  Interest payment log for amount 38.36.
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 0PHP
- INTEREST_PAID: -229.66PHP
- INTERNAL_CONTRA: 0PHP
- PRINCIPAL: 10048.42PHP
- PRINCIPAL_DUE: 0PHP

2022-06-19T16:01:00Z
Postings:
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:INTERNAL_CONTRA 0.00367PHP
  Extra interest charged to customer from negative remainder due to repayable amount for INTEREST_DUE rounded up
- LOAN_ACCOUNT:PRINCIPAL_DUE -> LOAN_ACCOUNT:PRINCIPAL 5018.85PHP
  Installment 5 principal added to due address: 5018.85
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:ACCRUED_INTEREST 26.45633PHP
  Installment 5 interest added to due address: 26.46
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 26.46PHP
- INTEREST_PAID: -229.66PHP
- INTERNAL_CONTRA: -26.46PHP
- PRINCIPAL: 5029.57PHP
- PRINCIPAL_DUE: 5018.85PHP

2022-06-19T17:00:00Z
Postings:
- [Unknown PI]
  Paying off 5045.31 from DUMMY_DEPOSITING_ACCOUNT, installment 5
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: -5045.31PHP
- INTEREST_DUE: 26.46PHP
- INTEREST_PAID: -229.66PHP
- INTERNAL_CONTRA: -26.46PHP
- PRINCIPAL: 5029.57PHP
- PRINCIPAL_DUE: 5018.85PHP

2022-06-19T17:00:00Z
Postings:
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_PAID 26.46PHP
  Interest payment log for amount 26.46.
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:INTEREST_DUE 26.46PHP
  Paying off 26.46 on INTEREST_DUE, which was at 26.46 - 2022-06-19 17:00:00 from DEFAULT, installment 5
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:PRINCIPAL_DUE 5018.85PHP
  Paying off 5018.85 on PRINCIPAL_DUE, which was at 5018.85 - 2022-06-19 17:00:00 from DEFAULT, installment 5
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 0PHP
- INTEREST_PAID: -256.12PHP
- INTERNAL_CONTRA: 0PHP
- PRINCIPAL: 5029.57PHP
- PRINCIPAL_DUE: 0PHP

2022-07-19T16:01:00Z
Postings:
- LOAN_ACCOUNT:PRINCIPAL_DUE -> LOAN_ACCOUNT:PRINCIPAL 5029.57PHP
  Installment 6 principal added to due address: 5029.57
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:ACCRUED_INTEREST 12.8151PHP
  Installment 6 interest added to due address: 12.82
- LOAN_ACCOUNT:INTEREST_DUE -> LOAN_ACCOUNT:INTERNAL_CONTRA 0.0049PHP
  Extra interest charged to customer from negative remainder due to repayable amount for INTEREST_DUE rounded up
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 12.82PHP
- INTEREST_PAID: -256.12PHP
- INTERNAL_CONTRA: -12.82PHP
- PRINCIPAL: 0PHP
- PRINCIPAL_DUE: 5029.57PHP

2022-07-19T17:00:00Z
Postings:
- [Unknown PI]
  Paying off 5042.39 from DUMMY_DEPOSITING_ACCOUNT, installment 6
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: -5042.39PHP
- INTEREST_DUE: 12.82PHP
- INTEREST_PAID: -256.12PHP
- INTERNAL_CONTRA: -12.82PHP
- PRINCIPAL: 0PHP
- PRINCIPAL_DUE: 5029.57PHP

2022-07-19T17:00:00Z
Postings:
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:INTEREST_DUE 12.82PHP
  Paying off 12.82 on INTEREST_DUE, which was at 12.82 - 2022-07-19 17:00:00 from DEFAULT, installment 6
- LOAN_ACCOUNT:DEFAULT -> LOAN_ACCOUNT:PRINCIPAL_DUE 5029.57PHP
  Paying off 5029.57 on PRINCIPAL_DUE, which was at 5029.57 - 2022-07-19 17:00:00 from DEFAULT, installment 6
- LOAN_ACCOUNT:INTERNAL_CONTRA -> LOAN_ACCOUNT:INTEREST_PAID 12.82PHP
  Interest payment log for amount 12.82.
LOAN_ACCOUNT balances:
- ACCRUED_INTEREST: 0PHP
- DEFAULT: 0PHP
- INTEREST_DUE: 0PHP
- INTEREST_PAID: -268.94PHP
- INTERNAL_CONTRA: 0PHP
- PRINCIPAL: 0PHP
- PRINCIPAL_DUE: 0PHP