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Posted to issues@fineract.apache.org by "Adam Saghy (Jira)" <ji...@apache.org> on 2023/04/11 09:02:00 UTC

[jira] [Commented] (FINERACT-1919) Loan Schedule due dates are lessened when a smaller month comes in between

    [ https://issues.apache.org/jira/browse/FINERACT-1919?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=17710832#comment-17710832 ] 

Adam Saghy commented on FINERACT-1919:
--------------------------------------

[~bgowda] FYI

> Loan Schedule due dates are lessened when a smaller month comes in between 
> ---------------------------------------------------------------------------
>
>                 Key: FINERACT-1919
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1919
>             Project: Apache Fineract
>          Issue Type: Bug
>    Affects Versions: 1.8.4
>            Reporter: Mohit Sinha
>            Assignee: Mohit Sinha
>            Priority: Major
>             Fix For: 1.9.0
>
>         Attachments: Screenshot 2023-04-06 at 5.13.52 PM.png, Screenshot 2023-04-06 at 5.15.14 PM.png, Screenshot 2023-04-06 at 5.15.41 PM.png
>
>
> When we create a monthly loan, with first Repayment Date as 31-(Jan,Mar,May,....) or 
> 30-(Jan,Mar,Apr,....) then from March onwards, the dueDate will reduce to 28/29 depending upon whether it is a leap year or not.
> This behaviour should also happen when we create a loan with firstRepaymentDate as 31 May, then from June/July onwards the due date will be set to 30.
> It should ideally be set to the date at which the firstRepayment started if it is possible in that month.
> To reproduce, 
> disburse a loan on 31 December 2022.
> first repayment date as 31 January 2023
> loan tenure - 12 months



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