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Posted to issues@fineract.apache.org by "Vikranth Ramasami (Jira)" <ji...@apache.org> on 2022/06/15 09:32:00 UTC
[jira] [Updated] (FINERACT-1638) Overdraft is extended or partially repaid, the interest is not being calculated correctly as it is not including previous days interest when calculating new interest posting
[ https://issues.apache.org/jira/browse/FINERACT-1638?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
Vikranth Ramasami updated FINERACT-1638:
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Attachment: 1638.JPG
> Overdraft is extended or partially repaid, the interest is not being calculated correctly as it is not including previous days interest when calculating new interest posting
> -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
>
> Key: FINERACT-1638
> URL: https://issues.apache.org/jira/browse/FINERACT-1638
> Project: Apache Fineract
> Issue Type: Bug
> Reporter: Vikranth Ramasami
> Priority: Major
> Attachments: 1638.JPG
>
>
> !https://mail.google.com/mail/u/1?ui=2&ik=2423ca4ec6&attid=0.2&permmsgid=msg-a:r8091266288710511693&th=1814cf2f3bd55e6b&view=fimg&fur=ip&sz=s0-l75-ft&attbid=ANGjdJ_8U3tz-Ke5-AD-zP0NuVFNuwfkCidmoREyjtbX2ykOJy5z3wF80Ng1t44FY08gCNiTv-SZ1q8qyzU8uziXNIpL49tDsERoLUb5qF_-hjBK_7XqjHkLLSh9YgQ&disp=emb&realattid=1814ceff6a3692e332!
>
> * We are expecting the interest applied on 8{^}th{^} June to be 12.78 i.e. 1% of 1277.95 (i.e the account balance including previous days interest).{+}{+}{+}{+}
> * Instead the interest is being posted as 12.57 which is 1% of 1257.45 (which is the sum of only the withdrawal and withdrawal entries).
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