bharath gowda created FINERACT-1384:
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Summary: Installment rounding of Interest amount
Key: FINERACT-1384
URL: https://issues.apache.org/jira/browse/FINERACT-1384
Project: Apache Fineract
Issue Type: New Feature
Components: Loan
Affects Versions: 1.5.0
Reporter: bharath gowda
Fix For: 1.5.1
Attachments: image-2021-08-16-19-17-41-919.png, interest rounding
method.xlsx
Current loan repayment schedule, the system has an option to round off an
installment amount (in multiples of) which rounds of the principal amount.
But few prospects in the Uganda region do the installment rounding with the
interest rounding method.
We have to enhance the application to support interest amount rounding.
there can be a selection to round principal or interest when the rounding is
defined at the loan product level.
have attached sample excel and screenshot for reference
!image-2021-08-16-19-17-41-919.png!
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