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http://mifosforge.jira.com/browse/MIFOS-4326?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Deepak Paramasivam closed MIFOS-4326.
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> Overdue interest gets knocked off on repeated payment, for pawdep loan
> ----------------------------------------------------------------------
>
> Key: MIFOS-4326
> URL: http://mifosforge.jira.com/browse/MIFOS-4326
> Project: mifos
> Issue Type: Bug
> Components: Loan Account
> Affects Versions: Elsie F - Iteration 6
> Reporter: Deepak Paramasivam
> Assignee: Deepak Paramasivam
> Fix For: Elsie F - Iteration 6
>
> Attachments: MultiplePaymentOverdueKnocks.zip
>
>
> For a loan with
> interest:20%
> Loan amount: 1000
> Disbursal Date: 11th Oct
> Fee: 10 per every installment
> First Installment: 19th Oct (weekly loan)
> Meeting date: every week Tuesday
> Payment Date: 21st Oct
> On making subsequent payment of 5,7,102.4 the overdue interest of 0.3 added
> to second installment interest gets knocked off and end of the third payment.
> Screenshots attached.
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