Bharath Gowda created FINERACT-2413:
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Summary: Extend Re-amortization feature to interest bearing loan
products
Key: FINERACT-2413
URL: https://issues.apache.org/jira/browse/FINERACT-2413
Project: Apache Fineract
Issue Type: Improvement
Affects Versions: 1.13.0
Reporter: Bharath Gowda
Background and Details
Currently Re-amortization feature works only with zero interest rate loan
products, this ticket is to extend the feature to interest-bearing loan
products as well
*Requirement Details*
* The system should allow any type of transactions and features to work
normally on the re-amortization schedule.
* This behaviour is applicable for *interest bearing, interest
recalculation=true* loan accounts
* Credit transactions like disbursements, capitalised income allowed and works
normally on the re-amortization schedule
* Interest calculation will follow the re-amortization interest handling
setting
Possible scenarios to test
# Disbursements after Re-amortization date
# Capitalised income after Re-amortization date
# Interest pause on re-amortization loan
# Reschedule on re-amortization loan
# Re-amortization on Disbursement date
# Contract termination after re-amortization
# Write-off after re-amortization
# Charge-off after re-amortization
*NOTE:- All above feature schedule work normally on the re-amortization
schedule as well, Interest calculation will follow the re-amortization interest
handling setting*
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