[jira] [Updated] (FINERACT-1397) Interest calculation issue when repayment is made on the disbursement day

["Aleksandar Vidakovic (Jira)" <ji...@apache.org>]

     [ https://issues.apache.org/jira/browse/FINERACT-1397?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Aleksandar Vidakovic updated FINERACT-1397:
-------------------------------------------
    Fix Version/s: 1.9.0
                       (was: 1.8.0)

> Interest calculation issue when repayment is made on the disbursement day
> -------------------------------------------------------------------------
>
>                 Key: FINERACT-1397
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1397
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>    Affects Versions: 1.5.0
>            Reporter: bharath gowda
>            Assignee: Avik Ganguly
>            Priority: Major
>             Fix For: 1.9.0
>
>         Attachments: interest calculation issue.xlsx, product configuration.png
>
>
> Interest calculation is wrong when repayment is made on the disbursement day for the daily interest loan product
>  
> To reproduce the issue
> 1. Create a loan product with daily interest calculation and interest recalculation enabled.(have attached the screenshot of the loan product configuration)
> 2. Create/approve/disburse a loan account with a first repayment date of 30 days gap from the disbursement date.
> 3. Make the repayment on the same day of the disbursement date and verify the interest 
>  
> check excel calculation for example issue and expected result.
>  
> Any other date apart from the disbursement date repayment the interest calculation is happening currently.
>  
>  



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