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From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Updated] (FINERACT-302) Principal Threshold (%) for Last Instalment is not working as expected
Date Wed, 09 Aug 2017 12:33:00 GMT

     [ https://issues.apache.org/jira/browse/FINERACT-302?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]

Santosh Math updated FINERACT-302:
----------------------------------
    Labels: fineract-gci p1  (was: fineract-gci p2)

> Principal Threshold (%) for Last Instalment is not working as expected
> ----------------------------------------------------------------------
>
>                 Key: FINERACT-302
>                 URL: https://issues.apache.org/jira/browse/FINERACT-302
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Santosh Math
>            Assignee: Markus Geiss
>              Labels: fineract-gci, p1
>         Attachments: Scr-664.png
>
>
> Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-2031
> Original Desription:
> 1. Create loan product with out mentioning any thing in the "Principal Threshold (%)
for Last Instalment" - by default it is getting set to zero
> Instead it should get set to 50%
> 2, Create a client and submit new loan application wit the above mentioned loan product
on 01 Jan 2015 with interest recalculation -> Approve and disburse on same date.
> 3. The last installment is getting collected more amount than EMI.
> If the "Principal Threshold (%) for Last Instalment" is set to zero then then the last
installment should never be combined with the previous installment even if the last installment
amount is of a very small value.
> But here it is displaying the amount>last installment amount



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