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https://issues.apache.org/jira/browse/FINERACT-2281?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Adam Saghy updated FINERACT-2281:
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Fix Version/s: 1.12.0
> Interest Activities Not Posting For Loan With Repayment Reversal
> ----------------------------------------------------------------
>
> Key: FINERACT-2281
> URL: https://issues.apache.org/jira/browse/FINERACT-2281
> Project: Apache Fineract
> Issue Type: Bug
> Reporter: Bharath Gowda
> Priority: Major
> Fix For: 1.12.0
>
> Attachments: Screenshot 2025-05-06 at 2.06.30 PM.png, Screenshot
> 2025-05-06 at 2.06.40 PM.png, Screenshot 2025-05-06 at 2.07.05 PM.png,
> image-2025-05-15-19-13-16-281.png
>
>
> When a loan has a repayment, full refund, goodwill credit, and then a
> repayment reversal, the accrual does not start at the repayment reversal
> date. Instead, the accruals start in the next installment period.
> Loan product major pointers:
> * check product related screenshots below
>
>
>
> *Steps to reproduce*
>
> {{1. Set busniess date to `2025-03-21`
> 2. Create Loan with the request body:
> ```
> {
> "clientId": {{{}clientId{}}},
> "productId": 1,
> "principal": 242.46,
> "loanTermFrequency": 12,
> "loanTermFrequencyType": 2,
> "numberOfRepayments": 12,
> "repaymentEvery": 1,
> "repaymentFrequencyType": 2,
> "interestRatePerPeriod": 29.99,
> "amortizationType": 1,
> "isEqualAmortization": false,
> "interestType": 0,
> "interestCalculationPeriodType": 0,
> "allowPartialPeriodInterestCalcualtion": false,
> "transactionProcessingStrategyCode": "advanced-payment-allocation-strategy",
> "maxOutstandingLoanBalance": 10000,
> "rates": [],
> "locale": "en_US",
> "dateFormat": "MM/dd/yyyy",
> "loanType": "individual",
> "enableDownPayment": false,
> "expectedDisbursementDate": "03/21/2025",
> "submittedOnDate": "03/21/2025"
> }
> ```
> 3. Approve & disburse (without downpayment) $242.46 on 2025-03-21
> 4. Create Repayment of $100 on 2025-03-21
> 5. Create MIR of $242.46 on 2025-03-21
> 6. Update Business date to 2025-03-28 and run COB
> 7. Create CBR of $100 on 2025-03-28
> 8. Update Business date to 2025-04-02 and run COB
> 9. Reverse the repayment of step 4 on 2025-04-02
> 10. Update business date to 2025-04-21 and run COB. No `ACCRUAL`s were
> created.
> 11. Update business date to 2025-04-22 and run COB. No `ACCRUAL`s were
> created.
> 12. Update business date to 2025-04-23 and run COB. After this day, should
> observe `ACCRUAL`s created after COB every day. }}
> *Expectation:*
> * Interest accruals start on day of repayment reversal (2025-04-02)
> *What we are seeing:*
> * Interest accruals start in next repayment schedule (2025-04-22)
> *
> **
> *Acceptance criteria*
> * In case of CBR (Credit Balance Refund) is replayed and the overpayment
> amount is not lower then the CBR amount, we need to reflect it as “credit” on
> the EmiModel and calculate interest based on the outstanding amount!
> * CBR in this case should behave like Chargeback, so the actual, current
> installment EMI got increased!
> * *In this example, as the time pass, each day the 1st installment interest
> got recalculated till we reach the maturity date*
> **
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