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] [Updated] (FINERACT-312) For Loan with interest recalculation periodic accrual with respect to current date is not getting modified after repayment in Transaction page
Date Tue, 20 Dec 2016 04:18:58 GMT

     [ https://issues.apache.org/jira/browse/FINERACT-312?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]

Santosh Math updated FINERACT-312:
----------------------------------
    Component/s: Loan

> For Loan with interest recalculation periodic accrual with respect to current date is
not getting modified after repayment in Transaction page
> ----------------------------------------------------------------------------------------------------------------------------------------------
>
>                 Key: FINERACT-312
>                 URL: https://issues.apache.org/jira/browse/FINERACT-312
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Santosh Math
>            Assignee: Markus Geiss
>         Attachments: 35.png, 36.png, 37.png
>
>
> Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-2119
> Original Description:
> 1. Create a loan product with following datasets:
> Principal: 10000, no. of Installments: 12, repaid every 1 month, Nominal interest rate:
1%pm,Amortization: Equal installments, Interest Method: Declining Balance, Interest Calculation
Period: Same as repayment period,Repayment Strategy:RBI (India),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: Same as repayment period, with accounting enabled for
periodic accrual.
> 2. Submit new loan application for a client on 01 March 2015 approve and disburse on
same date.
> 3. Click on Admin -> system -> Scheduler job - run scheduler job "Add Periodic
Accrual Transactions".
> 4. Navigate back to Transactions page and verify the accrued interest as on current date.
> 5. Make first repayment on exact due date then verify the transaction page the accrued
interest as on current date is not modified.
> > The accrued interest as on current date is not getting modified even after multiple
repayments. 
> Please refer the screen shot attached.



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

Mime
View raw message