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Posted to dev@fineract.apache.org by "Shaik Nazeer Hussain (JIRA)" <ji...@apache.org> on 2017/05/16 07:29:04 UTC

[jira] [Resolved] (FINERACT-166) Installment fee should not get collected if the prepay of loan is done before first repayment

     [ https://issues.apache.org/jira/browse/FINERACT-166?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Shaik Nazeer Hussain resolved FINERACT-166.
-------------------------------------------
       Resolution: Fixed
         Assignee: Santosh Math  (was: Shaik Nazeer Hussain)
    Fix Version/s: 1.0.0

> Installment fee should not get collected if the prepay of loan is done before first repayment
> ---------------------------------------------------------------------------------------------
>
>                 Key: FINERACT-166
>                 URL: https://issues.apache.org/jira/browse/FINERACT-166
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Charges, Loan
>            Reporter: subramanyasn
>            Assignee: Santosh Math
>              Labels: p1
>             Fix For: 1.0.0
>
>
> 1. Create a loan product with interest recalculation and with installment fee attached. 
> 2. Submit new loan application for a client on 01 Jan 2015. Approve and disburse on same date.
> 3. Prepay the loan on 15 Jan 2015, in prepay loan page the amount displayed is including the charge. but loan get closed. 
> > the charge amount should not get collected in prepay page.



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