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https://issues.apache.org/jira/browse/FINERACT-1981?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Adam Saghy updated FINERACT-1981:
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Description:
*Background and Details*
The Legacy Repayment schedule calculation in Fineract for Multi Tranche Loan is
Recalculating and regenerating the schedule for the whole disbursement amount
(all tranche included when ever a new disbursement comes in)
There should be an option where the Disbursement amount should be distributed
to the future installments only and should not recalculate the schedule or
installments that happened before the disbursement date
This is the expected behavior for products like Wallets, Digital lending, Line
of Credit.
Same can be achieved through configuration where the Legacy calculation is not
impacted
Loan schedule type
* *Cumulative* (by default, legacy): All of the installments are used to split
the newly disbursed amount
* *Progressive* (work in progress): Only the future installments to be used to
split the newly disbursed amount.
was:
*Background and Details*
The Legacy Repayment schedule calculation in Fineract for Multi Tranche Loan is
Recalculating and regenerating the schedule for the whole disbursement amount
(all tranche included when ever a new disbursement comes in)
There should be an option where the Disbursement amount should be distributed
to the future installments only and should not recalculate the schedule or
installments that happened before the disbursement date
This is the expected behavior for products like Wallets, Digital lending, Line
of Credit.
Same can be achieved through configuration where the Legacy calculation is not
impacted
> Multi Disbursement Repayment Schedule calculation Enhancement
> -------------------------------------------------------------
>
> Key: FINERACT-1981
> URL: https://issues.apache.org/jira/browse/FINERACT-1981
> Project: Apache Fineract
> Issue Type: Improvement
> Reporter: Bharath Gowda
> Priority: Major
> Attachments: Repayment schedule handling for mutli disubrsements.xlsx
>
>
> *Background and Details*
> The Legacy Repayment schedule calculation in Fineract for Multi Tranche Loan
> is Recalculating and regenerating the schedule for the whole disbursement
> amount (all tranche included when ever a new disbursement comes in)
> There should be an option where the Disbursement amount should be distributed
> to the future installments only and should not recalculate the schedule or
> installments that happened before the disbursement date
> This is the expected behavior for products like Wallets, Digital lending,
> Line of Credit.
> Same can be achieved through configuration where the Legacy calculation is
> not impacted
> Loan schedule type
> * *Cumulative* (by default, legacy): All of the installments are used to
> split the newly disbursed amount
> * *Progressive* (work in progress): Only the future installments to be used
> to split the newly disbursed amount.
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