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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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