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https://issues.apache.org/jira/browse/FINERACT-13?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=16712140#comment-16712140
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Edward Cable commented on FINERACT-13:
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[~santoshmath] this still exists correct?

 

 

> Multi-tranche Loan repayment on 2nd tranche incorrect
> -----------------------------------------------------
>
>                 Key: FINERACT-13
>                 URL: https://issues.apache.org/jira/browse/FINERACT-13
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Dayna Harp
>            Assignee: Markus Geiss
>            Priority: Major
>              Labels: Volunteer, p1
>             Fix For: 1.3.0
>
>
> https://mifosforge.jira.com/browse/MIFOSX-2398 - See for attachments
> 1. Create a loan product with following data sets,
> Principal:    10,000   ( Min: , Max : )
> Number of Repayments: 12   ( Min: , Max)
> Repay Every:  1  Months
> Nominal Interest Rate:        1   ( Min: , Max)  Per month
> Amortization  Equal installments
> Interest Method       Declining Balance
> Interest Calculation Period   Daily
> Repayment Strategy    Penalties, Fees, Interest, Principal order
> Days in year  Actual
> Days in month Actual
> Principal Threshold (%) for Last Instalment   0
> 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       Daily
> Frequency Interval for recalculation  1
> Frequency Date for recalculation      01-Sep-15
> Enable Multiple Disbursals    TRUE
> Maximum Tranche count 2
> Maximum allowed outstanding balance   10000
> 2. Create specified due date charge 1% of amount and attache to the above 
> loan product,
> 3. Submit new loan application for a client on 01 September 2015 with first 
> tranche of 5000 on same date and second tranche on 01 November 2015 and 
> amount 5000. Add specified due date charge date as 15 September 2015.
> 4. Make repayment on 01 October 2015 in which charge applied on 15 September 
> 2015 got collected and amount as 50 (1% of disbursed amount).
> 5. Disburse 2nd tranche as 5000 on 01 November 2015.
> > In the repayment schedule 50 is displaying as balance in 01 October 2015 
> > repayment.
> > Application Should not allowed to modify or apply charge for the repayment 
> > which is already paid



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