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http://mifosforge.jira.com/browse/MIFOS-2024?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
keithwoodlock updated MIFOS-2024:
---------------------------------
Fix Version/s: (was: Mifos Backlog)
Unscheduled
> Rounding a loan's payments may produce slightly incorrect fee payment
> schedules for loans with two or more account fees.
> ------------------------------------------------------------------------------------------------------------------------
>
> Key: MIFOS-2024
> URL: http://mifosforge.jira.com/browse/MIFOS-2024
> Project: mifos
> Issue Type: Bug
> Components: Loan Account
> Affects Versions: Release 1.1
> Environment: Platform: All, OS: All
> Reporter: Keith Pierce
> Assignee: mifosdeveloperqueue
> Priority: Major
> Fix For: Unscheduled
>
>
> When rounding is applied to a loan's installments, the the installments'
> account
> fees are first totalled
> exactly, then rounded using currency precision. Each installment's fees are
> then
> rounded, except that
> the last installment's fees are adjusted so that the rounded installment fees
> add up to the rounded total.
> If the loan has two or more account fees, the system does not keep track of
> running totals for each individual fee, but combines them all together.
> The last installment's fees are adjusted by picking one of them at random and
> adjusting it so that the total of actual fees across the installments adds up
> to
> the rounded total. This can cause one fee to be slightly over-paid and the
> other
> slightly under-paid.
> The correct fix is to keep track of each account fee separately, and adjust
> them
> separately.
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