Santosh Math created FINERACT-302:
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Summary: Principal Threshold (%) for Last Instalment is not
working as expected
Key: FINERACT-302
URL: https://issues.apache.org/jira/browse/FINERACT-302
Project: Apache Fineract
Issue Type: Bug
Components: Loan
Reporter: Santosh Math
Assignee: Markus Geiss
Attachments: Scr-664.png
Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-2031
Original Desription:
1. Create loan product with out mentioning any thing in the "Principal
Threshold (%) for Last Instalment" - by default it is getting set to zero
Instead it should get set to 50%
2, Create a client and submit new loan application wit the above mentioned loan
product on 01 Jan 2015 with interest recalculation -> Approve and disburse on
same date.
3. The last installment is getting collected more amount than EMI.
If the "Principal Threshold (%) for Last Instalment" is set to zero then then
the last installment should never be combined with the previous installment
even if the last installment amount is of a very small value.
But here it is displaying the amount>last installment amount
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