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1. Create a Tranche Loan product with the following datasets, Loan amount:100000, ROI: 1.5% per month, No. of repayments:18 months, Repaid every: 1 month, Submitted on: 1 Feb 2014, Expected disbursement on:1 Feb 2014, For First Tranche the amount is: 75000 on 1 Feb 2014, For Second Tranche the amount is: 25000 1 May 2014, Enter Installment amount as 6800. Equal installments, declining balance, Mifos style. 2. Create a client and submit a new loan application with the above mentioned loan product for that client. 3. Submit the loan application. 4. Click on the clients -> select the above mentioned client -> Select the submitted loan application -> Click on Modify the Loan application. 5. Modify the Installment amount field as 6500 and click on preview repayment schedule. Expected Result: The Last repayment is <=6500.
Actual Result: Last repayment is >6500 (In that case repayment should get added such that last repayment <=6500).
Similarly if the Installment amount is 7000 then also able to get similar issue.
Actual result: Not able to submit the new loan application result with error message as "Sum of tranche principal must equal to total principal".
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