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https://issues.apache.org/jira/browse/FINERACT-1781?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Dhaval Maniyar updated FINERACT-1781:
-------------------------------------
Description:
Steps to reproduce:
1. create a Loan product as below.
!screencapture-65-0-42-17-8443-community-app-2022-09-15-19_24_16.png|width=428,height=554!
2. set the disbursement date as 06 May 2022.
3. set the first repayment date as 27 May 2022.
4. check the interest for the 1st instalment. It should be 39.94 but it was
57.06 for 21 days.
!Screenshot 2022-10-17 at 3.29.10 PM.png|width=574,height=429!
was:
Steps to reproduce:
1. crea !screencapture-65-0-42-17-8443-community-app-2022-09-15-19_24_16.png!
> Interest is wrong for the first instalment.
> -------------------------------------------
>
> Key: FINERACT-1781
> URL: https://issues.apache.org/jira/browse/FINERACT-1781
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Reporter: Dhaval Maniyar
> Priority: Major
> Fix For: 1.7.0
>
> Attachments: Screenshot 2022-10-17 at 3.29.10 PM.png,
> screencapture-65-0-42-17-8443-community-app-2022-09-15-19_24_16.png
>
>
> Steps to reproduce:
> 1. create a Loan product as below.
> !screencapture-65-0-42-17-8443-community-app-2022-09-15-19_24_16.png|width=428,height=554!
> 2. set the disbursement date as 06 May 2022.
> 3. set the first repayment date as 27 May 2022.
> 4. check the interest for the 1st instalment. It should be 39.94 but it was
> 57.06 for 21 days.
> !Screenshot 2022-10-17 at 3.29.10 PM.png|width=574,height=429!
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