Hi Roshan,
How did you preclose the loan? Using Precose loan button or directly paying
through 'Make Repayment' button?

 Is your loan product enabled with IR? What is the interest calculation
period?

On Fri, Apr 19, 2019 at 12:42 PM Roshan Ratnaweera <[email protected]>
wrote:

> Dear Community,
>
> Could someone explain me this ?
>
> On Tue, Apr 16, 2019, 8:44 PM Roshan Ratnaweera <[email protected]>
> wrote:
>
>> Dear All,
>>
>> I have doubt about interest income recognition when a loan is settled
>> before expected mature done date.
>>
>> I retrieved account entries of early settled loan from database. Its sum
>> of income interest is less than actual interest portion.
>>
>> So please kindly let me know, how effect above scenario for income
>> statement report.
>>
>> Here with attached loan information, Repayment schedule, Transactions,
>> All account entries, Interest income account entries, Loan product account
>> information of above mentioned loan.
>>
>> Your earliest attention is highly appreciated.
>>
>> Thanks & Regards
>>
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