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https://issues.apache.org/jira/browse/FINERACT-2229?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Adam Saghy resolved FINERACT-2229.
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Resolution: Fixed
> Incorrect repayment schedule after full Merchant issued refund
> --------------------------------------------------------------
>
> Key: FINERACT-2229
> URL: https://issues.apache.org/jira/browse/FINERACT-2229
> Project: Apache Fineract
> Issue Type: Bug
> Reporter: Adam Saghy
> Priority: Major
> Fix For: 1.12.0
>
>
> *Loan product:*
> progressive, interest bearing, interest: 12.23%, number of repayment: 24,
> MERCHANT_ISSUED_REFUND in future payment allocation is LAST_INSTALLMENT,
> INTEREST_REFUND in future payment allocation is LAST_INTALLMENT,
> automatically create interest refund for MERCHANT_ISSUED_REFUND
> *Steps:*
> - Create, Approve, and Disburse Loan for $1383 on Mar 28, 2025
> - Increase business date to next day (Mar 29, 2025) and run COB
> - Create Merchant Issued full refund $1383 for Mar 29, 2025
> *Expectation:*
> - Interest refund allocated to interest
> - Loan is fully paid off with no outstanding amount.
> *Actual:*
> - Interest refund allocated to principal
> - Loan shows current balance as zero, but repayment schedule shows
> outstanding amount of 0.45.
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