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Posted to issues@fineract.apache.org by "Luis Espinoza (Jira)" <ji...@apache.org> on 2021/06/04 13:57:00 UTC
[jira] [Commented] (FINERACT-1350) System is creating a incorrect
entry in the repayment schedule on performing a bulk posting towards more
than 1 overdue EMI
[ https://issues.apache.org/jira/browse/FINERACT-1350?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=17357376#comment-17357376 ]
Luis Espinoza commented on FINERACT-1350:
-----------------------------------------
[~vikranth] sorry for the late response. I've tried to reproduce this issue on the demo environment but was not successful.
Is it possible that you have a specific customization on your instance that is not present on the current Fineract version? Are you using version 1.4?
Here's the credit I've generated to test this issue: [https://demo.mifos.io/#/viewloanaccount/4588]
Hope this helps
> System is creating a incorrect entry in the repayment schedule on performing a bulk posting towards more than 1 overdue EMI
> ---------------------------------------------------------------------------------------------------------------------------
>
> Key: FINERACT-1350
> URL: https://issues.apache.org/jira/browse/FINERACT-1350
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Reporter: Vikranth Ramasami
> Priority: Major
> Labels: repayment, schedule
> Attachments: Issue_Screenshot_Repayment.docx, Loan Set up.png, Loan Set up.png, Product set up.png, Product set up.png
>
>
> Steps To Reproduce:
> * Create a lease with 12 payments, which is having the repayment strategy - Interest, Principal, Penalties, Fees Order
> * Repayment on 1st of every month
> * First repayment date = 1st February 2021
> * Current date = 30th April 2021
> * EMI amount = 14578
> * perform a repayment with the transaction date as 30th April 2021 with the transaction amount as 20,000
>
> Actual Behavior:
> System is clearing the complete 01st February 2021 installment and partially clearing the 01st March 2021 Interest but it is creating a installment on 30th April 2021 with principal 0 and interest amount for the 29 days and the 1st may installment is adjusted with the interest amount of 1 day
>
> Expected Behavior:
> System on performing a repayment should clear the EMI of 1st February 2021 and Partial interest of 1st march 2021 and it should not create a new installment.
>
> CC [~avikg] , [~fynmanoj]
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