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Posted to issues@fineract.apache.org by "bharath gowda (Jira)" <ji...@apache.org> on 2022/03/25 15:29:00 UTC

[jira] [Created] (FINERACT-1546) Prepayments after Maturity date is not recalculating the interest correctly

bharath gowda created FINERACT-1546:
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             Summary: Prepayments after Maturity date is not recalculating the interest correctly
                 Key: FINERACT-1546
                 URL: https://issues.apache.org/jira/browse/FINERACT-1546
             Project: Apache Fineract
          Issue Type: Bug
    Affects Versions: 1.6.0
            Reporter: bharath gowda


On a daily interest recalculation loan account, when prepayment is collected after the maturity date, interest calculation seems to be wrong

 

To Reproduce

 

1. Create a loan product with daily interest calculation and interest recalculation enabled.

check the attachment for loan product config

2. Create a loan account and make prepayment after the maturity date and check the interest calculation of that repayment.

Refer attached loan example pdf for step- by step reproducible details



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