Hi Santosh

I did check it with "Currency multiple of" 1, it still gives wrong interest

https://demo.openmf.org/#/viewloanaccount/625


When you configure loan term in months and repaid every 1 month it give correct interest with both "Currency multiple of" 1 and "Currency multiple of" 100.

Regards

On 02/14/2017 01:40 PM, Santosh Math wrote:
Hi Mexina,

I think  you set 'Currency in Multiple of ' 100 and it is rounding off to
nearest 100th value. Check it again with 'Currency in Multiple of' as 1.

https://demo.openmf.org/#/editloanproduct/144

On Tue, Feb 14, 2017 at 3:36 PM, Mexina Daniel <mex...@singo.co.tz> wrote:

Hi dev!

When you apply a loan and configure loan term 12 weeks, number of
repayment 12 and repaid every 1 week, the system wrongly calculate interest

I reproduced this in https://demo.openmf.org/#/viewloanaccount/624

Am i setting it wrong somewhere?

Thank in advance

--
Mexina M Daniel
Lead Software Developer
Research & Development

Tel:+255 222 618 511 | Mob: +255 712 110 791

Singo Africa Limited
Block G,Mbezi Beach B| 7 Nakawale Road| P.O.Box 78908| 14121 Dar es Salaam

singo.co.tz

Lets grow together




--
Mexina M Daniel
Lead Software Developer
Research & Development

Tel:+255 222 618 511 | Mob: +255 712 110 791

Singo Africa Limited
Block G,Mbezi Beach B| 7 Nakawale Road| P.O.Box 78908| 14121 Dar es Salaam

singo.co.tz

Lets grow together

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