bharath gowda created FINERACT-1525:
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Summary: Interest calculation & Schedule Issue with repayments
after Maturity Date
Key: FINERACT-1525
URL: https://issues.apache.org/jira/browse/FINERACT-1525
Project: Apache Fineract
Issue Type: Bug
Components: Loan
Affects Versions: 1.5.0
Reporter: bharath gowda
On a daily interest recalculation loan account, when repayment is collected
after the maturity date, interest calculation seems to be wrong and repayment
schedule allocation is also not happening correctly.
To Reproduce
1. Create a loan product with daily interest calculation and interest
recalculation enabled.
check the attached loan product config for reference
2. Create a loan account and make repayment after the maturity date and check
the interest calculation of that repayment.
Refer attached loan example pdf for step- by step reproducible details
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