bharath gowda created FINERACT-1443: ---------------------------------------
Summary: 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 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 -- This message was sent by Atlassian Jira (v8.20.1#820001)