Title: Message Title
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Change By:
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Madhukar Lingala
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Attachment:
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Interest Calculations (Declining Balance-EMI).xls
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Compared the schedule generated in mifosx with mifos 2.x and omni. The total outstanding amount in mifos x was quite different from the schedule generated by mifos 2.x and omni. The comparison of the schedules can be found in the attachment.
The same issue exists when Interest type 'Flat' is selected.
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