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https://issues.apache.org/jira/browse/FINERACT-1397?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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James Dailey updated FINERACT-1397:
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Fix Version/s: 1.11.0
bouncing to next planned release 1.11.0 from 1.10.0
> Interest calculation issue when repayment is made on the disbursement day
> -------------------------------------------------------------------------
>
> Key: FINERACT-1397
> URL: https://issues.apache.org/jira/browse/FINERACT-1397
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Affects Versions: 1.5.0
> Reporter: Bharath Gowda
> Assignee: Avik Ganguly
> Priority: Major
> Fix For: 1.10.0, 1.11.0
>
> Attachments: interest calculation issue.xlsx, product
> configuration.png
>
>
> Interest calculation is wrong when repayment is made on the disbursement day
> for the daily interest loan product
>
> To reproduce the issue
> 1. Create a loan product with daily interest calculation and interest
> recalculation enabled.(have attached the screenshot of the loan product
> configuration)
> 2. Create/approve/disburse a loan account with a first repayment date of 30
> days gap from the disbursement date.
> 3. Make the repayment on the same day of the disbursement date and verify the
> interest
>
> check excel calculation for example issue and expected result.
>
> Any other date apart from the disbursement date repayment the interest
> calculation is happening currently.
>
>
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