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From "ASF GitHub Bot (JIRA)" <j...@apache.org>
Subject [jira] [Commented] (FINERACT-7) Repayment Schedule after waive fee not correct
Date Fri, 23 Dec 2016 09:07:58 GMT

    [ https://issues.apache.org/jira/browse/FINERACT-7?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=15772367#comment-15772367
] 

ASF GitHub Bot commented on FINERACT-7:
---------------------------------------

Github user nazeer1100126 commented on the issue:

    https://github.com/apache/incubator-fineract/pull/256
  
    @abdulazizali77 I am seeing following integration test failure with these changes ClientLoanIntegrationTest.testLoanScheduleWithInterestRecalculation_WITH_REST_SAME_AS_REPAYMENT_INTEREST_COMPOUND_NONE_STRATEGY_REDUCE_EMI_WITH_INSTALLMENT_CHARGE()
    Have you run integration tests before sending this PR?


> Repayment Schedule after waive fee not correct
> ----------------------------------------------
>
>                 Key: FINERACT-7
>                 URL: https://issues.apache.org/jira/browse/FINERACT-7
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Dayna Harp
>            Assignee: Markus Geiss
>         Attachments: 1.jpg, 2.jpg, 3.jpg
>
>
> https://mifosforge.jira.com/browse/MIFOSX-2495
> After waive installment fee the repayment schedule generated is not proper
> 1. Create Installment fee for a loan as 100-Flat-Regular. 
> 2. Create loan product with following datasets and attache above installment fee to that.
> Terms vary based on loan cycle :	FALSE
> Principal:	10,000   ( Min: , Max : )
> Number of Repayments:	12   ( Min: , Max
> Repay Every:	1  Months
> Nominal Interest Rate:	1   ( Min: , Max  Per month
> Minimum days between disbursal and first repayment date	
> Amortization	Equal installments
> Interest Method	Declining Balance
> Interest Calculation Period	Daily
> Repayment Strategy	Overdue/Due Fee/Int,Principal
> Account moves out of NPA only after all arrears have been cleared?	No
> Days in year	Actual
> Days in month	Actual
> Principal Threshold (%) for Last Instalment	0
> Allow fixing of the installment amount	No
> Interest Recalculation	
> Recalculate Interest	Yes
> Advance payments adjustment type	Reduce number of installments
> Pre-closure interest calculation rule	Calculate till pre closure date
> Interest recalculation compounding on	None
> Frequency for recalculate Outstanding Principal	Daily
> Frequency Interval for recalculation	1
> Frequency Date for recalculation	01-Jan-15
> Is Arrears recognization based on original schedule:No.
> 3. Submit new loan application on 01 October 2015. Approve and disburse loan on same
date.
> 4. Click on waive charge and select for 1st repayment.
> 5. Repayment schedule generated after waive charge is not proper
> >Waive charge is happening not for first installment instead for other installment
it is happening.
> 6. For first repayment the due is getting displayed.
> Attachments here: https://mifosforge.jira.com/browse/MIFOSX-2495



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