Hi Santosh, The journal entry is viewable as well on UI, debit, credit, then another debit of the same account/amount.
On Thu, Jul 26, 2018 at 9:16 AM Santosh Math < [email protected]> wrote: > Hi Louis, > Is this redundant journal entry viewable on UI or it's just creating it > in database only? > > On Wed, Jul 25, 2018 at 8:50 PM, Louis Niyongabo <[email protected]> > wrote: > > > Did anyone experience a redundant journal entry for a standing order > > repaying a loan installment? > > > > > > > > In the transactions of repayment of a loan installment from a saving > > account, I noticed: > > > > 1. 1 Saving Transaction in m_savings_account_transaction > > > > 2. 1 Loan Transaction in m_loan_transaction > > > > 3. 2 Journal entries in acc_gl_journal_entry: > > > > a. 1 Saving entry: debit and credit of same liability account, but > > for > > the same installment amount > > > > b. 1 Loan entry: debit of the installment amount on the same > liability > > account against a credit of asset account (principal) and income account > > (interest) > > > > > > > > Did I miss something in the product/standing order setup or the first > > journal saving entry is a requirement by Fineract? > > > > > > > > Thanks, > > > > > > > > Louis > > > > > > > > > > > -- > Thanks & Regards > > Santosh Math > > *QA Engineer* > > *Conflux Technologies Pvt Ltd <http://www.confluxtechnologies.com/>* > | *Office*: +91-080-41208662 | > > *Address*: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block, > Bengaluru, Karnataka, 560043 INDIA >
