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https://issues.apache.org/jira/browse/FINERACT-1443?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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bharath gowda updated FINERACT-1443:
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Attachment: loanproductconfiguration.png
paramters for rescheduling.png
schedule_beforeissue.png
Schedule_issue.png
> Reschedule loan causing wrong interest calculation of last 3-4 installments
> ---------------------------------------------------------------------------
>
> Key: FINERACT-1443
> URL: https://issues.apache.org/jira/browse/FINERACT-1443
> Project: Apache Fineract
> Issue Type: Bug
> Affects Versions: 1.5.0
> Reporter: bharath gowda
> Priority: Major
> Fix For: 1.6.0
>
> Attachments: Schedule_issue.png, loanproductconfiguration.png,
> paramters for rescheduling.png, schedule_beforeissue.png
>
>
> Reschedule loan causing wrong interest calculation of last 3-4 installments
>
>
> To reproduce,
> # Create a loan product with the configuration attached
> # Create a loan account with a disbursement date as 23-Jan-2021 and the
> First repayment date as 01-Mar-2021.
> # Approve and disburse the loan as of 23-Jan-2021.
> # Make repayment for 01-Mar-2021
> # Now reschedule the loan - CHECK SCREENSHOT FOR RESCHEDULE VALUES (make
> sure the configuration
> "is-interest-to-be-appropriated-equally-when-greater-than-EMI" is enabled.
> # Now check the schedule EMI and total interest. Total interest would be
> around 1223
> # Now make repayment for 27-Aug-2021- this will change the interest to 1450
> and a few installments EMI would be changed.
> Refer screenshots for more understanding
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