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From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Commented] (FINERACT-270) Unable to waive all Loan charges
Date Wed, 14 Jun 2017 09:25:00 GMT

    [ https://issues.apache.org/jira/browse/FINERACT-270?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=16048925#comment-16048925
] 

Santosh Math commented on FINERACT-270:
---------------------------------------

[~nazeer1100126], This issue is  fixed in recent PR. Please close it. 

> Unable to waive all Loan charges
> --------------------------------
>
>                 Key: FINERACT-270
>                 URL: https://issues.apache.org/jira/browse/FINERACT-270
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>         Environment: Reproducible on demo.openmf.org. 
> Create new client Loan with FINERACT_7-MIFOS_2495
>            Reporter: Abdul Aziz Ali
>            Assignee: Shaik Nazeer Hussain
>            Priority: Trivial
>              Labels: p1
>         Attachments: pruned_catalina.log
>
>
> Create Loan and Charge similar to FINERACT-7
> ------------------------------------------------------------------------
> (verbatim from FINERACT-7)
> 1. Create Installment fee for a loan as 100-Flat-Regular. 
> 2. Create loan product with following datasets and attache above installment fee to that.
> Terms vary based on loan cycle :	FALSE
> Principal:	10,000 ( Min: , Max : )
> Number of Repayments:	12 ( Min: , Max
> Repay Every:	1 Months
> Nominal Interest Rate:	1 ( Min: , Max Per month
> Minimum days between disbursal and first repayment date	
> Amortization	Equal installments
> Interest Method	Declining Balance
> Interest Calculation Period	Daily
> Repayment Strategy	Overdue/Due Fee/Int,Principal
> Account moves out of NPA only after all arrears have been cleared?	No
> Days in year	Actual
> Days in month	Actual
> Principal Threshold (%) for Last Instalment	0
> Allow fixing of the installment amount	No
> Interest Recalculation	
> 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	Daily
> Frequency Interval for recalculation	1
> Frequency Date for recalculation	01-Jan-15
> Is Arrears recognization based on original schedule:No.
> 3. Submit new loan application on 01 October 2015. Approve and disburse loan on same
date.
> 4. Click on waive charge and select for 1st repayment.
> 5. Repayment schedule generated after waive charge is not proper
> >Waive charge is happening not for first installment instead for other installment
it is happening.
> 6. For first repayment the due is getting displayed.
> ------------------------------------------------------------------------
> 7. Keep waiving all charges until the last one
> The last one does not get waived nor does the Exception get raised to the UI.



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