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Mifos X Generates incorrect repayment schedules:
a) Loan Amount: 10 million Number of installments: 24 monthly installments Principal only moratorium: 5 Generates a repayment schedule with 15 installments. Example: BGS Monthly Loan 2(#000004869) on demo server
b) Loan Amount: 10 million Number of installments: 24 monthly installments Principal only moratorium: 0 Generates a repayment schedule with 24 installments, but with a balloon principal payment at the last installment (and no principal being collected for other installments) Example: BGS Monthly Loan 2(#000004868)
This could be because of one or more of the following factors:
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the loan amount is large (10 million)
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currency in multiples of is set to 100
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Repayment Strategy is set to "Early Repayment Strategy"
Example: BGS Monthly Loan 2(#000004869) on demo server
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