This would probably be the last resort but you can manually (SQL) delete the loans that were created with the wrong configurations. This will require deleting their transactions and journal entries too.
You can then recreate them under the correct configurations and make the prepayments on the dates they were made. This will create the correct journal entries. Regards. Wilfred BANKAYO https://bankayo.io/ui On Tue, 30 Sept 2025, 18:05 Bhaskar Tiwari, <[email protected]> wrote: > Hi Team, > > I am currently facing an issue with the Pre-Pay Loan functionality in > Fineract. > Initially, I missed enabling the necessary configurations at the product > level, including: > > > 1. Recalculate interest > 2. Advance payment adjustment type > 3. Pre-closure interest calculation rule > 4. Interest recalculation compounding on > 5. And other related settings > > > As a result, a few loans were disbursed without these configurations. I > have since updated the product setup with all the required parameters, and > new loans are functioning as expected. > > However, I need guidance or a workaround to apply these configurations to > the previously disbursed loans. > > Could you please advise on how to fix the previously disbursed loans? > > Thank you for your help! > > > > > > *"Print this mail only if absolutely necessary. Save Paper. Save Trees."* * > Disclaimer: *“This electronic mail message sent from StrideOne (Stride > Fintree Private Limited) may contain Confidential/Restricted/Internal > information and should only be viewed by the intended recipients. Under no > circumstances may any such information be disclosed, copied, used or > distributed to any unauthorized persons or entities without the written > consent of Strideone. If you are not the intended recipient, any review, > retransmission, dissemination or reliance on the content of these materials > is strictly prohibited and may be the subject of legal action. If you > received this email in error, please notify the sender and delete the > message immediately.” >
