Santosh Math created FINERACT-312:
-------------------------------------
Summary: For Loan with interest recalculation periodic accrual
with respect to current date is not getting modified after repayment in
Transaction page
Key: FINERACT-312
URL: https://issues.apache.org/jira/browse/FINERACT-312
Project: Apache Fineract
Issue Type: Bug
Reporter: Santosh Math
Assignee: Markus Geiss
Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-2119
Original Description:
1. Create a loan product with following datasets:
Principal: 10000, no. of Installments: 12, repaid every 1 month, Nominal
interest rate: 1%pm,Amortization: Equal installments, Interest Method:
Declining Balance, Interest Calculation Period: Same as repayment
period,Repayment Strategy:RBI (India),Recalculate Interest: Yes,Advance
payments adjustment type: Reduce number of installments, Pre-closure interest
calculation rule: Calculate till pre closure date, Interest recalculation
compounding on:None, Frequency for recalculate Outstanding Principal: Same as
repayment period, with accounting enabled for periodic accrual.
2. Submit new loan application for a client on 01 March 2015 approve and
disburse on same date.
3. Click on Admin -> system -> Scheduler job - run scheduler job "Add Periodic
Accrual Transactions".
4. Navigate back to Transactions page and verify the accrued interest as on
current date.
5. Make first repayment on exact due date then verify the transaction page the
accrued interest as on current date is not modified.
> The accrued interest as on current date is not getting modified even after
> multiple repayments.
Please refer the screen shot attached.
--
This message was sent by Atlassian JIRA
(v6.3.4#6332)
