Vladyslav Samchenko created FINERACT-3014:
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Summary: Progressive loan with daily interest recalculation
understates accrued interest after early fee charge payment
Key: FINERACT-3014
URL: https://issues.apache.org/jira/browse/FINERACT-3014
Project: Apache Fineract
Issue Type: Bug
Reporter: Vladyslav Samchenko
Assignee: Vladyslav Samchenko
For a progressive loan ({{{}ADVANCED_PAYMENT_ALLOCATION_STRATEGY{}}},
{{EQUAL_INSTALLMENTS}} amortization, {{DAILY}}
{{{}interestCalculationPeriodType{}}},
{{{}isInterestRecalculationEnabled=true{}}}, and
{{{}recalculationRestFrequencyType=DAILY{}}}), paying a due-date fee charge
early through an account-transfer charge payment
({{{}chargePaymentMode=ACCOUNT_TRANSFER{}}}) causes the accrued interest for
the first installment period to be understated, even though the charge payment
should have no impact on interest accrual.
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