fineract-dev mailing list archives

Site index · List index
Message view « Date » · « Thread »
Top « Date » · « Thread »
From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Created] (FINERACT-303) "% Loan Amount + Interest or %Amount" if collected as disbursement fees it is not working as expected
Date Tue, 13 Dec 2016 04:30:58 GMT
Santosh Math created FINERACT-303:
-------------------------------------

             Summary: "% Loan Amount + Interest or %Amount" if collected as disbursement fees
it is not working as expected
                 Key: FINERACT-303
                 URL: https://issues.apache.org/jira/browse/FINERACT-303
             Project: Apache Fineract
          Issue Type: Bug
          Components: Loan
            Reporter: Santosh Math
            Assignee: Markus Geiss


Reported  by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-2056
Original  Description:
1. Create a charge of 1% as Disbursement fees as "% Loan Amount + Interest or % Approved Amount".
2. Create a loan product with 2 tranche and amount as 10000 and add above mentioned charge
to it.
3. Create a client and submit new loan application with above mentioned loan product on 01
May 2015 with 2 tranches added
first tranche on 01 May 2015 and amount as 5000.
Second tranche on 15 May 2015 and amount as 5000.
4. Approve and disburse first tranche on 01 May 2015.
> Since charge applied on %loan amount total+interest, it should collect charge as 109.39,
but it is collecting 59.39.
5. After making the second disbursement on 15 May 2015 it is getting collected 109.39,
but in charges it is displaying as 50 outstanding.
6. If the disbursement amount is modified during loan approval then in repayment schedule
the charge is not getting updated. (eg. submit loan application with first tranch 5000 and
second tranch 5000, during approval change amount as 4000 and 4000 for first and second tranch.
then %amount charge is displaying with respect to first tranche amount only.)




--
This message was sent by Atlassian JIRA
(v6.3.4#6332)

Mime
View raw message