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Posted to dev@fineract.apache.org by "Mexina Daniel (JIRA)" <ji...@apache.org> on 2017/04/18 09:43:41 UTC

[jira] [Created] (FINERACT-431) Should not allow more than expected loan term based on 'number of repayments' and 'Repaid every' values.

Mexina Daniel created FINERACT-431:
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             Summary: Should not allow more than expected  loan term based on 'number of repayments' and 'Repaid every' values.
                 Key: FINERACT-431
                 URL: https://issues.apache.org/jira/browse/FINERACT-431
             Project: Apache Fineract
          Issue Type: Bug
          Components: Loan
            Reporter: Mexina Daniel
            Assignee: Markus Geiss
            Priority: Minor


In loan application, the frequency of the loan term has to be the same with the frequency of repaid every (days/weeks/months/years), by this : loan term = number of repayment x repaid every.

e.g 
1. Create a loan product and fill the necessary requirements (put default number of repayment = 6, repaid every = 1 month)
2. Create a loan account to an active client and fill all necessary requirement ( put loan term = 8 months), leave the number of repayment to 6.
The system is allowing the loan term to be greater than (number of repayments x repaid every) and provide the repayment schedule based on 'number of repayments' and 'repaid every' values
It should deny the submission and through an error like when you provide loan term less than (number of repayments x repaid every)



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