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Posted to issues@fineract.apache.org by "Adam Saghy (Jira)" <ji...@apache.org> on 2025/05/12 08:50:00 UTC

[jira] [Resolved] (FINERACT-2211) Progressive Loan - Incorrect LoanSchedule after Full Refund on 12m interest bearing Term loan

     [ https://issues.apache.org/jira/browse/FINERACT-2211?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Adam Saghy resolved FINERACT-2211.
----------------------------------
    Resolution: Fixed

> Progressive Loan - Incorrect LoanSchedule after Full Refund on 12m interest bearing Term loan
> ---------------------------------------------------------------------------------------------
>
>                 Key: FINERACT-2211
>                 URL: https://issues.apache.org/jira/browse/FINERACT-2211
>             Project: Apache Fineract
>          Issue Type: Bug
>    Affects Versions: 1.11.0
>            Reporter: Adam Saghy
>            Priority: Major
>             Fix For: 1.12.0
>
>
> Incorrect LoanSchedule after Full Refund on 12m Term loan.
> Steps to produce:
>  # Loan product: Progressive, 26% interest, interest recalculation = true, number of repayment: 12, repay every 1 month
>  ## Merchant issued Refund transaction use LAST_INSTALLMENT allocation for in advance payments
>  # Create a Loan and Disburse on 03/11/2025 with amount $200
>  # Issue - Merchant issued refund with $200 on 03/11/2025
> *Currently*
> Repayment schedule is wrong, there is a period in the middle of the schedule where the balances are 0
> *Expectation*
> There should be no gap in the periods



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