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https://issues.apache.org/jira/browse/FINERACT-318?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Santosh Math updated FINERACT-318:
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Labels: p2 (was: )
> For multi tranche loan ability to auto generate installment amount with
> respect to approved amount If "Allow fixing of the installment amount"
> checkbox is not checked in the loan product level
> ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
>
> Key: FINERACT-318
> URL: https://issues.apache.org/jira/browse/FINERACT-318
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Reporter: Santosh Math
> Assignee: Markus Geiss
> Labels: p2
> Attachments: Installment calculation.xlsx
>
>
> Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-2262
> Original Description:
> Currently installment amount is getting adjusted with respect to disbursed
> amount if "Allow fixing of the installment amount" check box is not not
> checked in loan product level.
> Eg. If loan product with 2 tranche is defined and in first tranche 5000 is
> disbursed, then installment amount is calculated accordingly. If after some
> time 2nd tranche of 5000 is disbursed then what ever installment amount
> created previously (repayment schedule before second tranche disbursement) is
> getting modified and new installment amount is getting generated considering
> 10000 as disbursed amount.
> So It would be better if user can be able to configure
> 1. Whether installment amount should get set with respect to approved amount
> or disbursed amount,
> 2. Whether number of repayments should get adjusted with respect to
> installment amount or reduce the installment amount keeping number of
> repayments as same as original schedule.
> Please refer the excel sheet attached for more clarity.
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