Santosh Math created FINERACT-351:
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Summary: Issue with Individual Collection Sheet related to Waiving
Interest
Key: FINERACT-351
URL: https://issues.apache.org/jira/browse/FINERACT-351
Project: Apache Fineract
Issue Type: Bug
Components: Loan
Reporter: Santosh Math
Assignee: Markus Geiss
Steps to reproduce:
1. Create a client under Head Office
2. Create a loan account (with assigned staff) for a client with following data
set:
Principal: 10,000
Nominal Interest Rate: 12% per year
Repaid Every: 1 week
Number of Repayments: 12
Interest Recalculation: No
2. Submit , approve and Disburse it on 02 January 2015.
3. Waive Interest for his/her first repayment which scheduled for 09 January
2016.(Go to Loan account page, click on 'More'>>Waive Interest)
4. Go to Individual Collection Sheet and enter following details
Branch Office: Head Office
Repayment Date: 09 January 2015
Staff: *select the same staff assigned for loan account*
5. Click on collection sheet.
>The collection sheet is displaying the amount equal to 'principal + interest'
>though we have waived interest.
>If we submit the collection sheet, in Repayment Schedule, the first payment
>is done without interest and remaining amount is paid as 'advance'.
Check the attached files with this issue.
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