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Posted to dev@fineract.apache.org by "Santosh Math (JIRA)" <ji...@apache.org> on 2017/01/19 09:02:26 UTC

[jira] [Commented] (FINERACT-20) Improper Interest Calculation for Overdue/Due/Fee/Int/Prin

    [ https://issues.apache.org/jira/browse/FINERACT-20?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=15829553#comment-15829553 ] 

Santosh Math commented on FINERACT-20:
--------------------------------------

Tested it on 16.12.01.RELEASE. The issue still exists.

> Improper Interest Calculation for Overdue/Due/Fee/Int/Prin
> ----------------------------------------------------------
>
>                 Key: FINERACT-20
>                 URL: https://issues.apache.org/jira/browse/FINERACT-20
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Dayna Harp
>            Assignee: Markus Geiss
>            Priority: Critical
>              Labels: confirm, p3
>
> https://mifosforge.jira.com/browse/MIFOSX-2396 - see attachments
> In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest recalculation enabled, early repayment interest computation is not proper if interest calculation period is daily and rest frequency as same as repayment period
> In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest recalculation enabled, early repayment interest computation is not proper if interest calculation period is daily and rest frequency as same as repayment period



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