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From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Created] (FINERACT-302) Principal Threshold (%) for Last Instalment is not working as expected
Date Tue, 13 Dec 2016 04:27:58 GMT
Santosh Math created FINERACT-302:
-------------------------------------

             Summary: Principal Threshold (%) for Last Instalment is not working as expected
                 Key: FINERACT-302
                 URL: https://issues.apache.org/jira/browse/FINERACT-302
             Project: Apache Fineract
          Issue Type: Bug
          Components: Loan
            Reporter: Santosh Math
            Assignee: Markus Geiss
         Attachments: Scr-664.png

Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-2031

Original Desription:

1. Create loan product with out mentioning any thing in the "Principal Threshold (%) for Last
Instalment" - by default it is getting set to zero
Instead it should get set to 50%
2, Create a client and submit new loan application wit the above mentioned loan product on
01 Jan 2015 with interest recalculation -> Approve and disburse on same date.
3. The last installment is getting collected more amount than EMI.
If the "Principal Threshold (%) for Last Instalment" is set to zero then then the last installment
should never be combined with the previous installment even if the last installment amount
is of a very small value.
But here it is displaying the amount>last installment amount




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