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From "subramanyasn (JIRA)" <j...@apache.org>
Subject [jira] [Created] (FINERACT-175) In a installment if more amount is repaid and then the loan is foreclosed then it is moving to overpaid state
Date Thu, 16 Jun 2016 08:55:05 GMT
subramanyasn created FINERACT-175:
-------------------------------------

             Summary: In a installment if more amount is repaid and then the loan is foreclosed
then it is moving to overpaid state
                 Key: FINERACT-175
                 URL: https://issues.apache.org/jira/browse/FINERACT-175
             Project: Apache Fineract
          Issue Type: Bug
          Components: Loan
            Reporter: subramanyasn
            Assignee: Markus Geiss


1. Create a simple loan product with interest calculation as same as repayment, principal
10000, ROI 12% pa, repaid every 1 month, declining balance.
2. Submit new loan application for a client on 01 May 2016, approve and disburse on same date.
3. Make repayment of 5600 on 03 June 2016.
4. Foreclosure the loan on 16 June 2016. 
> The loan is moving to overpaid state then getting closed.



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