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Date: Tue, 9 May 2017 05:03:04 +0000 (UTC)
From: "Santosh Math (JIRA)" <jira@apache.org>
To: dev@fineract.incubator.apache.org
Message-ID: <JIRA.13029338.1482206288000.160146.1494306184218@Atlassian.JIRA>
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References: <JIRA.13029338.1482206288000@Atlassian.JIRA> <JIRA.13029338.1482206288582@jira-lw-us.apache.org>
Subject: [jira] [Assigned] (FINERACT-312) For Loan with interest
 recalculation periodic accrual with respect to current date is not getting
 modified after repayment in Transaction page
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archived-at: Tue, 09 May 2017 05:03:08 -0000


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

Santosh Math reassigned FINERACT-312:
-------------------------------------

    Assignee: Santosh Math  (was: Shaik Nazeer Hussain)

> 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: Santosh Math
>              Labels: p1
>             Fix For: 1.0.0
>
>         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.


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