Reccuring Revenue - Finovara

Hello everyone!

A while ago, I added a new setting to the Finovara app.

What did I add?

I added a user setting for recurring revenue.

The user specifies the:

• recurring revenue amount
• revenue category
• start date
• frequency of revenue generation (daily, weekly, monthly)

How does it work?

The scheduler runs cron daily (currently every minute as a test, but will run daily at midnight).

The cron runs and checks if the revenue generation date matches.
If so, we check the condition in the code.
If it matches, a recurring revenue is created.

This is what an example implementation in a processor looks like:

for (User user : users) {
            RevenueSettings settings = user.getRevenueSettings();
            if(settings == null) continue;
            while(settings.isRecurringRevenuesEnable() && settings.getNextExecutionDate() != null && !settings.getNextExecutionDate().isAfter(today)){
                createRecurringRevenue(user, settings);
                switch (settings.getRecurringStrategy()) {
                    case DAILY -> settings.setNextExecutionDate(settings.getNextExecutionDate().plusDays(1));
                    case WEEKLY -> settings.setNextExecutionDate(settings.getNextExecutionDate().plusWeeks(1));
                    case MONTHLY -> settings.setNextExecutionDate(settings.getNextExecutionDate().plusMonths(1));
                }
            }
        }