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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:
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Fix Version/s: (was: 1.7.0)
> 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
> Affects Versions: 1.7
> Reporter: Dhaval Maniyar
> Assignee: Dhaval Maniyar
> Priority: Major
> 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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