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https://issues.apache.org/jira/browse/FINERACT-175?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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subramanyasn updated FINERACT-175:
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Summary: In a installment if more amount is repaid and then the loan is
foreclosed then it is moving to overpaid state with loan balance in last
repayment as negative (was: In a installment if more amount is repaid and then
the loan is foreclosed then it is moving to overpaid state)
> In a installment if more amount is repaid and then the loan is foreclosed
> then it is moving to overpaid state with loan balance in last repayment as
> negative
> -------------------------------------------------------------------------------------------------------------------------------------------------------------
>
> Key: FINERACT-175
> URL: https://issues.apache.org/jira/browse/FINERACT-175
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Reporter: subramanyasn
> Assignee: Markus Geiss
> Priority: Critical
> Attachments: foreclosure loan6.png
>
>
> 1. Create a simple loan product with interest calculation as same as
> repayment, principal 10000, ROI 12% pa, repaid every 1 month, declining
> balance.
> 2. Submit new loan application for a client on 01 May 2016, approve and
> disburse on same date.
> 3. Make repayment of 5600 on 03 June 2016.
> 4. Foreclosure the loan on 16 June 2016.
> > The loan is moving to overpaid state then getting closed.
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