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http://mifosforge.jira.com/browse/MIFOS-4662?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
Deepak Paramasivam closed MIFOS-4662.
-------------------------------------
Resolution: Won't Fix
Grace period with Declining Balance Interest Recalculation loan is disabled for
the Release-F
> Incorrect first installment interest value while loan creation with grace
> period
> --------------------------------------------------------------------------------
>
> Key: MIFOS-4662
> URL: http://mifosforge.jira.com/browse/MIFOS-4662
> Project: mifos
> Issue Type: Bug
> Components: Loan Account
> Affects Versions: Elsie F - Iteration 10
> Environment: f-release branch
> Reporter: Deepak Paramasivam
> Priority: Major
> Fix For: Elsie F - Iteration 11
>
>
> Create a loan product of
> Interest Type: Declining Balance Interest Recalculation
> Grace Period Type: For Principal only
> Grace Period: 1 installment
> For a loan account that is created for the above loan product,
> LSIM:On
> Disbursal Date : 11-10-2010
> meeting schedule : first day of every month
> first installment interest value while loan creation, is calculated for 30
> days instead of 20 days.
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