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https://issues.apache.org/jira/browse/FINERACT-13?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Adam Saghy updated FINERACT-13:
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Fix Version/s: (was: 3.0.0)
> Multi-tranche Loan repayment on 2nd tranche incorrect
> -----------------------------------------------------
>
> Key: FINERACT-13
> URL: https://issues.apache.org/jira/browse/FINERACT-13
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Affects Versions: 1.8.0
> Reporter: Dayna Harp
> Priority: Major
> Labels: Volunteer, gsoc, p1, triage
> Original Estimate: 10h
> Remaining Estimate: 10h
>
> https://mifosforge.jira.com/browse/MIFOSX-2398 - See for attachments
> 1. Create a loan product with following data sets,
> Principal: 10,000 ( Min: , Max : )
> Number of Repayments: 12 ( Min: , Max)
> Repay Every: 1 Months
> Nominal Interest Rate: 1 ( Min: , Max) Per month
> Amortization Equal installments
> Interest Method Declining Balance
> Interest Calculation Period Daily
> Repayment Strategy Penalties, Fees, Interest, Principal order
> Days in year Actual
> Days in month Actual
> Principal Threshold (%) for Last Instalment 0
> Recalculate Interest Yes
> Advance payments adjustment type Reduce number of installments
> Pre-closure interest calculation rule Calculate till pre closure date
> Interest recalculation compounding on None
> Frequency for recalculate Outstanding Principal Daily
> Frequency Interval for recalculation 1
> Frequency Date for recalculation 01-Sep-15
> Enable Multiple Disbursals TRUE
> Maximum Tranche count 2
> Maximum allowed outstanding balance 10000
> 2. Create specified due date charge 1% of amount and attache to the above
> loan product,
> 3. Submit new loan application for a client on 01 September 2015 with first
> tranche of 5000 on same date and second tranche on 01 November 2015 and
> amount 5000. Add specified due date charge date as 15 September 2015.
> 4. Make repayment on 01 October 2015 in which charge applied on 15 September
> 2015 got collected and amount as 50 (1% of disbursed amount).
> 5. Disburse 2nd tranche as 5000 on 01 November 2015.
> > In the repayment schedule 50 is displaying as balance in 01 October 2015
> > repayment.
> > Application Should not allowed to modify or apply charge for the repayment
> > which is already paid
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