[ https://issues.apache.org/jira/browse/FINERACT-19?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
Santosh Math reopened FINERACT-19: ---------------------------------- > On time loan payment, Overdue Charge should be principal ony > ------------------------------------------------------------ > > Key: FINERACT-19 > URL: https://issues.apache.org/jira/browse/FINERACT-19 > Project: Apache Fineract > Issue Type: Bug > Components: Loan > Reporter: Dayna Harp > Assignee: Markus Geiss > Priority: Major > Labels: Volunteer, p1 > > https://mifosforge.jira.com/browse/MIFOSX-2400 - see for attachments > 1. Create a simple loan product with with monthly repayment and overdue > charge as flat 100 attached. > 2. Create a client and submit new loan application for a client on 01 > September 2015 approve and disburse on same date. > 3. Execute scheduler job "Apply penalty for overdue loans". > 4. Now overdue charge got applied for 01 October 2015, 01 November 2015 and > 01 December 2015 repayments. > 5. Make back dated repayment with the amount displayed in repayment schedule > on 01 October 2015. > Expected behavior: > .Since the repayment is done on time the extra amount ie 100 paid should go > to the principal only. > Actual behavior: > The extra amount 100 is getting collected as advance payment for the > immediate next repayment. > Also for the 1st of January the penalty displayed wrongly. -- This message was sent by Atlassian JIRA (v7.6.3#76005)