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https://issues.apache.org/jira/browse/FINERACT-2179?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Adam Saghy resolved FINERACT-2179.
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Resolution: Fixed
> Introduce Next/Last in future allocation rule for Progressive loans
> -------------------------------------------------------------------
>
> Key: FINERACT-2179
> URL: https://issues.apache.org/jira/browse/FINERACT-2179
> Project: Apache Fineract
> Issue Type: Sub-task
> Reporter: Adam Saghy
> Priority: Trivial
> Fix For: 1.12
>
>
> *Business requirements*
> # Configuration to select the Next/Last Installment option as future
> allocation rule as part of Advanced payment allocation strategy
> # Any advance amount should first allocate to the next (current) installment
> (as Next installment strategy) and remaining should allocate to last
> installment (as Last installment strategy)
> # If advance payment comes on the current installment due date then the
> payment should be allocate to the last Installment as "Last installment
> strategy"
>
> *Steps*
> * Introduce a new option to “Future Installment allocation rule”:
> ** Next / Last installment
> * If repayment date is before the current installment due date
> ** “Next” rule: Allocate any advanced payment to current installment first
> (as Next installment strategy)
> *** Current installment is behave as next installment while current date is
> before the installment due date
> ** “Last” rule: If current installment fully paid, allocate any in advance
> portions to Last installment (as Last installment strategy)
> * If repayment date is on the current installment due date
> ** “Next” rule is skipped
> ** “Last” rule: Allocate any in advanced portions as “Last installment
> strategy”
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