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Posted to issues@fineract.apache.org by "Adam Saghy (Jira)" <ji...@apache.org> on 2026/09/04 11:48:00 UTC

[jira] [Commented] (FINERACT-789) Wrong Journal Entry Posting on Disburse to savings.

    [ https://issues.apache.org/jira/browse/FINERACT-789?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=18111526#comment-18111526 ] 

Adam Saghy commented on FINERACT-789:
-------------------------------------

[~bgowda] Can you please verify this?

> Wrong Journal Entry Posting on Disburse to savings.
> ---------------------------------------------------
>
>                 Key: FINERACT-789
>                 URL: https://issues.apache.org/jira/browse/FINERACT-789
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>    Affects Versions: 1.3.1, 1.8.0
>         Environment: All
>            Reporter: Nyota Macharia
>            Priority: Critical
>              Labels: p1
>
> When a loan with a fee charged at disbursement is disbursed to savings the the journal entries happen as follows:  Eg. Loan of 50,000 with 1% processing fees charged at disbursement.
>  # Loan Portfolio is debited by by 50,000. This is okay.
>  # Liability Transfer is credited by 50,000. This is okay.
>  # Fee income is credited with 500. This is okay.
>  # Loan fund source is debit with 500. This is the error, Liability Transfer should be debited.
>  # Savings Portfolio is credited with 49,500. This is okay.
>  # Liability transfer is debited with 49,500. this is okay.
> As you can see the end result is that liability transfer is left with a balance with in fact it is a control account.
>  



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