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Date: Fri, 24 Mar 2017 12:08:41 +0000 (UTC)
From: "ASF GitHub Bot (JIRA)" <jira@apache.org>
To: dev@fineract.incubator.apache.org
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Subject: [jira] [Commented] (FINERACT-303) "% Loan Amount + Interest or
 %Amount" if collected as disbursement fees it is not working as expected
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archived-at: Fri, 24 Mar 2017 12:08:48 -0000


    [ https://issues.apache.org/jira/browse/FINERACT-303?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=15940218#comment-15940218 ] 

ASF GitHub Bot commented on FINERACT-303:
-----------------------------------------

Github user asfgit closed the pull request at:

    https://github.com/apache/incubator-fineract/pull/322


> "% 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: Santosh Math
>              Labels: p1
>             Fix For: 0.7.0-incubating
>
>         Attachments: Scr-689.png, Scr-690.png
>
>
> 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.)


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