If you have opened an account with a past date, then till the present date interest will be calculated on outstanding principal balance as you have enabled interest recalculation. It will recalculate the interest till the present date.
On Tue, Aug 10, 2021 at 6:55 PM Arjune Vasantharajan <aarju...@gmail.com> wrote: > > Hello everyone! > > I was wondering if anyone could help me on this issue I am facing. I have > chosen recalculate interest as yes for a loan product. In the loan account, > the interest and principal is same for a few installments. I do not know > how to fix this. Please anyone could help me, I'd be glad. > > Thank you > V Arjune > _______________________________________________ > Mifos-users mailing list > Mifos-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/mifos-users >
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