[jira] [Updated] (FINERACT-1384) Installment rounding of Interest amount

["Petri Tuomola (Jira)" <ji...@apache.org>]

     [ https://issues.apache.org/jira/browse/FINERACT-1384?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Petri Tuomola updated FINERACT-1384:
------------------------------------
    Fix Version/s:     (was: 1.5.1)

> Installment rounding of Interest amount
> ---------------------------------------
>
>                 Key: FINERACT-1384
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1384
>             Project: Apache Fineract
>          Issue Type: New Feature
>          Components: Loan
>    Affects Versions: 1.5.0
>            Reporter: bharath gowda
>            Priority: Major
>         Attachments: image-2021-08-16-19-17-41-919.png, interest rounding method.xlsx
>
>
> Current loan repayment schedule, the system has an option to round off an installment amount (in multiples of) which rounds of the principal amount.
>  
> But few prospects in the Uganda region do the installment rounding with the interest rounding method.
> We have to enhance the application to support interest amount rounding.
> there can be a selection to round principal or interest when the rounding is defined at the loan product level.
>  
> have attached sample excel and screenshot for reference
> !image-2021-08-16-19-17-41-919.png!



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