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Posted to issues@fineract.apache.org by "Vikranth Ramasami (Jira)" <ji...@apache.org> on 2022/03/24 15:33:00 UTC
[jira] [Created] (FINERACT-1543) System is reducing the number of payments after rescheduling when the loan has late payment
Vikranth Ramasami created FINERACT-1543:
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Summary: System is reducing the number of payments after rescheduling when the loan has late payment
Key: FINERACT-1543
URL: https://issues.apache.org/jira/browse/FINERACT-1543
Project: Apache Fineract
Issue Type: Bug
Reporter: Vikranth Ramasami
Attachments: System is reducing the installments when the user performs a late payment and then again performs a rescheduling.docx
Steps to Reproduce:
# Create a working day in the System -> organization.
# Set up the Saturday and Sunday as non-working days
# Create a loan with Principal = 12000, Number of repayments = 12, rate of interest = 12%
# Keep the disbursement date = 10th May 2021
# Keep the first repayment date = 14th June 2021
# Perform a date payment on 14th June
# Make the repayment of 14th July on 15th July
# In this case system will create a new installment on 15th July making total of 13 installments
# Perform a rescheduling for the loan
# the system is changing the installments from 13 to 12.
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