[
https://issues.apache.org/jira/browse/FINERACT-312?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
Santosh Math updated FINERACT-312:
----------------------------------
Component/s: Loan
> 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
> Components: Loan
> Reporter: Santosh Math
> Assignee: Markus Geiss
> Attachments: 35.png, 36.png, 37.png
>
>
> 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)
