Arnold Galovics created FINERACT-2163:
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Summary: Days in month setting is not considered when using daily
interest calculation
Key: FINERACT-2163
URL: https://issues.apache.org/jira/browse/FINERACT-2163
Project: Apache Fineract
Issue Type: Bug
Reporter: Arnold Galovics
Assignee: Arnold Galovics
Repro steps:
# Loan with daily interest calculation
# Days in month is set to 30 days
# Days in year is set to 360 days
# Setup daily interest recalculation with defaults
# Loan is approved and disbursed in 1 Aug 2024
# Loan first repayment period starts on 5 Aug 2024
# Loan interest is charged from set to 1 Aug 2024
Actual result:
Interest is calculated for 31 days in a month instead of 30 days
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