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From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Created] (FINERACT-354) Issue with Foreclosure of Loan Account(variable installment enabled)
Date Thu, 29 Dec 2016 08:51:58 GMT
Santosh Math created FINERACT-354:
-------------------------------------

             Summary: Issue with Foreclosure of Loan Account(variable  installment enabled)

                 Key: FINERACT-354
                 URL: https://issues.apache.org/jira/browse/FINERACT-354
             Project: Apache Fineract
          Issue Type: Bug
          Components: Loan
            Reporter: Santosh Math
            Assignee: Markus Geiss


steps to  reproduce:
1. Create  any loan product with variable installment(from 1 to  365 days)
2. Submit loan application with this loan product. Don't approve  it.
3. Go to 'More' and click on 'Edit Repayment Schedule'. Edit first repayment schedule date
so that it falls on disbursement date.(Lets say 01 January 2015 is submitted date, first repayment
date is 01 Feb  2015, let's edit this date to 15 Jan 2015, ie.. disbursement date).
4. Approve the loan  on 01 Jan 2015 and disburse it  on 15 Jan 2015. 
5. On Loan account  page,  Click on Foreclosure and select the foreclosure date as 15 Jan
2015.
>> As Disbursement date  is same as foreclosure date, there should not be any interest
on principal, but it is showing some amount  of interest.
Check the attached files with this issue. Their numbers  are in the order of this process.




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