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https://issues.apache.org/jira/browse/FINERACT-1384?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Adam Saghy closed FINERACT-1384.
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Resolution: Abandoned
> Installment rounding of Interest amount
> ---------------------------------------
>
> Key: FINERACT-1384
> URL: https://issues.apache.org/jira/browse/FINERACT-1384
> Project: Apache Fineract
> Issue Type: New Feature
> Components: Loan
> Affects Versions: 1.5.0
> Reporter: Bharath Gowda
> Priority: Major
> Attachments: image-2021-08-16-19-17-41-919.png, interest rounding
> method.xlsx
>
>
> Current loan repayment schedule, the system has an option to round off an
> installment amount (in multiples of) which rounds of the principal amount.
>
> But few prospects in the Uganda region do the installment rounding with the
> interest rounding method.
> We have to enhance the application to support interest amount rounding.
> there can be a selection to round principal or interest when the rounding is
> defined at the loan product level.
>
> have attached sample excel and screenshot for reference
> !image-2021-08-16-19-17-41-919.png!
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