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Date: Wed, 11 Oct 2017 11:57:00 +0000 (UTC)
From: "ASF GitHub Bot (JIRA)" <jira@apache.org>
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Subject: [jira] [Commented] (FINERACT-7) Repayment Schedule after waive fee
 not correct
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archived-at: Wed, 11 Oct 2017 11:57:05 -0000


    [ https://issues.apache.org/jira/browse/FINERACT-7?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=16200147#comment-16200147 ] 

ASF GitHub Bot commented on FINERACT-7:
---------------------------------------

Github user abdulazizali77 commented on the issue:

    https://github.com/apache/fineract/pull/256
  
    @avikganguly01 Apologies, would take a bit of effort to reverify this, potentially code has diverged a lot in the time when this PR had been submitted


> Repayment Schedule after waive fee not correct
> ----------------------------------------------
>
>                 Key: FINERACT-7
>                 URL: https://issues.apache.org/jira/browse/FINERACT-7
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Dayna Harp
>            Assignee: Markus Geiss
>         Attachments: 1.jpg, 2.jpg, 3.jpg
>
>
> https://mifosforge.jira.com/browse/MIFOSX-2495
> After waive installment fee the repayment schedule generated is not proper
> 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.
> Attachments here: https://mifosforge.jira.com/browse/MIFOSX-2495


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