[jira] [Commented] (FINERACT-1746) Random Installments Generation Issue

["ibrahim kimbugwe (Jira)" <ji...@apache.org>]

    [ https://issues.apache.org/jira/browse/FINERACT-1746?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=17611732#comment-17611732 ] 

ibrahim kimbugwe commented on FINERACT-1746:
--------------------------------------------

Thanks [~bgowda] for raising this issue as I was about to raise it. The same affects the Pentaho loan repayment schedule.  !image-2022-09-30-22-33-23-554.png|width=554,height=269!

[~francisguchie] and [~eroemma] kindly look into this issue as well.

 

Thank you

> Random Installments Generation Issue
> ------------------------------------
>
>                 Key: FINERACT-1746
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1746
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>    Affects Versions: 1.7.0
>            Reporter: bharath gowda
>            Priority: Critical
>         Attachments: after.png, before.png, image-2022-09-30-22-33-23-554.png, last installment issue.png, loan product.png
>
>
> In an interest recalculation enabled loan, we are noticing the EMI of the last installment is going wrong for the following scenario 
>  
> To reproduce
>  # Create the loan product as per the config attached
>  # Have working day configured from Monday to Friday with "move to next working day"
>  # Create a loan account and disburse with the following parameters
>  ## Disbursement date: 28 January 2022
>  ## First Repayment date: 1 March 2022
>  ## amount: 1000
>  ## repayment: 12 every 1 month
>  ## interest rate 23.9 per annum (which will get you an EMI 94.35
>  ## Now make the repayments in the following order
>  ### 01-March-2022 - 94.35
>  ### 01-April-2022 - 94.35
>  ### 03-May-2022 - 94.35
>  ### 01-June-2022 - 94.35
>  ### 01-July-2022 - 94.35
>  ### 01-August-2022 - 94.35
>  ## Now check the repayment schedule & EMI & Interest
>  ### The whole Installments would be wrong
>  ### The last installment amount will be showing the wrong amount.
>  ### check the interest amount collected - this is going wrong too
>  # Check the schedule screenshot for examples



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