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https://issues.apache.org/jira/browse/FINERACT-2143?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
Mihaly Dallos updated FINERACT-2143:
------------------------------------
Description:
h4. *Steps to reproduce:*
# Dusburse a loan of a dynamic loan product
# make a repayment in between two instalments
# compare the transaction and the schedule
*Actual result:*
The schedule shows that the paid amount reduces the principal, and interest is
calculated accordingly which remains outstanding. The transaction amount is
allocated differently though, it shows that the interest is paid and only the
remaining amount is spent on the principal.
Schedule:
!image-2024-10-18-10-06-00-062.png!
Transaction:
!image-2024-10-18-10-14-41-963.png!
h4. Expected result:
The payment is spent on the interest until payment date. The remaining spent on
the balance and interest due is calculated for the rest of the days till next
installment due.
!image-2024-10-18-10-19-50-306.png!
was:
h4. Steps to reproduce:
# Dusburse a loan of a dynamic loan product
# make a repayment in between two instalments
# compare the transaction and the schedule
*Actual result:*
The schedule shows that the paid amount reduces the principal, and interest is
calculated accordingly which remains outstanding. The transaction amount is
allocated differently though, it shows that the interest is paid and only the
remaining amount is spent on the principal.
Schedule:
!image-2024-10-18-10-06-00-062.png!
Transaction:
!image-2024-10-18-10-14-41-963.png!
h4. Expected result:
The payment is spent on the interest until payment date. The remaining spent on
the balance and interest due is calculated for the rest of the days till next
installment due.
!image-2024-10-18-10-19-50-306.png!
> Dynamic loan product prepayment results mismatching Schedule and accounting
> ---------------------------------------------------------------------------
>
> Key: FINERACT-2143
> URL: https://issues.apache.org/jira/browse/FINERACT-2143
> Project: Apache Fineract
> Issue Type: Bug
> Reporter: Mihaly Dallos
> Priority: Major
> Attachments: image-2024-10-18-10-06-00-062.png,
> image-2024-10-18-10-14-41-963.png, image-2024-10-18-10-19-50-306.png
>
>
> h4. *Steps to reproduce:*
> # Dusburse a loan of a dynamic loan product
> # make a repayment in between two instalments
> # compare the transaction and the schedule
> *Actual result:*
> The schedule shows that the paid amount reduces the principal, and interest
> is calculated accordingly which remains outstanding. The transaction amount
> is allocated differently though, it shows that the interest is paid and only
> the remaining amount is spent on the principal.
> Schedule:
> !image-2024-10-18-10-06-00-062.png!
> Transaction:
> !image-2024-10-18-10-14-41-963.png!
> h4. Expected result:
> The payment is spent on the interest until payment date. The remaining spent
> on the balance and interest due is calculated for the rest of the days till
> next installment due.
> !image-2024-10-18-10-19-50-306.png!
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