[jira] [Created] (FINERACT-1729) Overdraft Interest Calculated Wrongly

["Frank Nkuyahaga (Jira)" <ji...@apache.org>]

Frank Nkuyahaga created FINERACT-1729:
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             Summary: Overdraft Interest Calculated Wrongly
                 Key: FINERACT-1729
                 URL: https://issues.apache.org/jira/browse/FINERACT-1729
             Project: Apache Fineract
          Issue Type: Bug
            Reporter: Frank Nkuyahaga
         Attachments: Screenshot 2022-09-08 at 10.16.51.png

*Steps to Reproduce*
 # Create a savings account with overdraft setup (say 365% per year which is approx. 1% per day)
 # Make a withdrawal to take the account into overdraft. Backdate this withdrawal a few days
 # Run the interest posting job
 # Go back to the account and observe the interest postings

*Expected* 

Interest should be posted correctly for all the days since the withdraw date to the current date. That means, the interest posted on the first day should affect the end of day balance for the first day and this should be taken into account when posting interest for the second day and so on.

*Actual*

The overdraft interest amount is wrong and it's the same for all the days. See attachment.



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