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From "Edward Cable (JIRA)" <j...@apache.org>
Subject [jira] [Updated] (FINERACT-20) Improper Interest Calculation for Overdue/Due/Fee/Int/Prin
Date Wed, 11 Jan 2017 13:38:58 GMT

     [ https://issues.apache.org/jira/browse/FINERACT-20?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]

Edward Cable updated FINERACT-20:
---------------------------------
    Labels: confirm p3  (was: )

> Improper Interest Calculation for Overdue/Due/Fee/Int/Prin
> ----------------------------------------------------------
>
>                 Key: FINERACT-20
>                 URL: https://issues.apache.org/jira/browse/FINERACT-20
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Dayna Harp
>            Assignee: Markus Geiss
>            Priority: Critical
>              Labels: confirm, p3
>
> https://mifosforge.jira.com/browse/MIFOSX-2396 - see attachments
> In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest recalculation
enabled, early repayment interest computation is not proper if interest calculation period
is daily and rest frequency as same as repayment period
> In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest recalculation
enabled, early repayment interest computation is not proper if interest calculation period
is daily and rest frequency as same as repayment period



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