[jira] [Updated] (FINERACT-156) After Waive specified due date charge (penalty) repayment schedule generated is not proper

["Edward Cable (JIRA)" <ji...@apache.org>]

     [ https://issues.apache.org/jira/browse/FINERACT-156?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Edward Cable updated FINERACT-156:
----------------------------------
    Component/s: Charges

> After Waive specified due date charge (penalty) repayment schedule generated is not proper
> ------------------------------------------------------------------------------------------
>
>                 Key: FINERACT-156
>                 URL: https://issues.apache.org/jira/browse/FINERACT-156
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Charges, Loan
>            Reporter: subramanyasn
>            Assignee: Markus Geiss
>         Attachments: Waive specified due date penalty.png
>
>
> 1. Create a loan product with following datasets,
> Repayment Strategy:Overdue/Due Fee/Int,Principal
> Repayments:12 every 1 Months on  
> Amortization:Equal installments
> Interest:12 per annum (1%  Per month) - Declining Balance
> Interest Calculation Period:Daily
> Interest Type:Declining Balance
> Recalculate Interest:Yes
> Days in year:Actual
> Days in month:Actual
> Interest recalculation compounding on:None
> Advance payments adjustment type:Reduce number of installments
> Frequency for recalculate Outstanding Principal:Every -1 days
> 2. Submit new loan application for a client on 01 Jan 2016, add specified due date charge (created as penalty Flat 100) on 15 Jan 2016.
> 3.Approve and disburse the loan on 01 Jan 2016.
> 4. Click on Charges and Waive the charge applied.
> 5. Click on the repayment schedule in which the first repayment is got modified.



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