[jira] [Updated] (FINERACT-2152) Pause Interest Calculation for certain days

["Bharath Gowda (Jira)" <ji...@apache.org>]

     [ https://issues.apache.org/jira/browse/FINERACT-2152?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Bharath Gowda updated FINERACT-2152:
------------------------------------
    Fix Version/s: 1.11.0

> Pause Interest Calculation for certain days
> -------------------------------------------
>
>                 Key: FINERACT-2152
>                 URL: https://issues.apache.org/jira/browse/FINERACT-2152
>             Project: Apache Fineract
>          Issue Type: New Feature
>            Reporter: Bharath Gowda
>            Priority: Major
>             Fix For: 1.11.0
>
>
> *Requirement*
> Ability to pause interest calculation and accrual. While paused, no interest will be calculated. On resume, interest calculation accrual would start at the loan defined interest rate.
>  
> *Acceptance criteria*
>  # *It is only supported for progressive loans and with recalculate interest = true*
>  # User should be able to Pause Interest between any dates in the loan life cycle with start and end date parameters
>  # No Interest will be calculated for the days ‘interest pause’ is applied for
>  # Multiple Interest pause can happen in a loan life cycle, but no overlapping should be allowed
>  # No resume option required
>  # Start date can be any date as far as it is the latest transaction date(but cannot be on or after maturity date)
>  # End date cannot go beyond maturity date
>  # The Interest pause calculation will remains same for pay-off, charge-off,reschedule calculation as well
>  # No Accrual transaction will be posted for the pause period dates



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