[jira] [Assigned] (FINERACT-13) Multi-tranche Loan repayment on 2nd tranche incorrect

["Michael Vorburger (Jira)" <ji...@apache.org>]

     [ https://issues.apache.org/jira/browse/FINERACT-13?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Michael Vorburger reassigned FINERACT-13:
-----------------------------------------

    Assignee:     (was: Shruthi  M R)

Dear current assignee of this issue, related to FINERACT-1000 and to clean up our shiny brand new JIRA Dashboard on https://issues.apache.org/jira/secure/Dashboard.jspa?selectPageId=12335824 I'm doing a little bit of "release management" today, and because you have no updated in a very long time, have taken the liberty to assume that you have lost interest to contribute to this issue (the Fineract project is sad to have lost you!), and am therefore un-assigning it from you (in a "bulk" update, this message is not personal but is being commented in tens of issues today).

Un-assigning it from you makes it clear to other contributors that this issue would be available for them to work on, in the (rather unlikely, yes) case that they could be so inclined. Should this be a misunderstanding on my part, I apologize, ask you to clarify your intentions for this issue by replying by commenting back here - and do re-assigning it back to you!

> Multi-tranche Loan repayment on 2nd tranche incorrect
> -----------------------------------------------------
>
>                 Key: FINERACT-13
>                 URL: https://issues.apache.org/jira/browse/FINERACT-13
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Dayna Harp
>            Priority: Major
>              Labels: Volunteer, gsoc, p1
>             Fix For: 1.5.0
>
>   Original Estimate: 10h
>  Remaining Estimate: 10h
>
> https://mifosforge.jira.com/browse/MIFOSX-2398 - See for attachments
> 1. Create a loan product with following data sets,
> Principal:	10,000   ( Min: , Max : )
> Number of Repayments:	12   ( Min: , Max)
> Repay Every:	1  Months
> Nominal Interest Rate:	1   ( Min: , Max)  Per month
> Amortization	Equal installments
> Interest Method	Declining Balance
> Interest Calculation Period	Daily
> Repayment Strategy	Penalties, Fees, Interest, Principal order
> Days in year	Actual
> Days in month	Actual
> Principal Threshold (%) for Last Instalment	0
> Recalculate Interest	Yes
> Advance payments adjustment type	Reduce number of installments
> Pre-closure interest calculation rule	Calculate till pre closure date
> Interest recalculation compounding on	None
> Frequency for recalculate Outstanding Principal	Daily
> Frequency Interval for recalculation	1
> Frequency Date for recalculation	01-Sep-15
> Enable Multiple Disbursals	TRUE
> Maximum Tranche count	2
> Maximum allowed outstanding balance	10000
> 2. Create specified due date charge 1% of amount and attache to the above loan product,
> 3. Submit new loan application for a client on 01 September 2015 with first tranche of 5000 on same date and second tranche on 01 November 2015 and amount 5000. Add specified due date charge date as 15 September 2015.
> 4. Make repayment on 01 October 2015 in which charge applied on 15 September 2015 got collected and amount as 50 (1% of disbursed amount).
> 5. Disburse 2nd tranche as 5000 on 01 November 2015.
> > In the repayment schedule 50 is displaying as balance in 01 October 2015 repayment.
> > Application Should not allowed to modify or apply charge for the repayment which is already paid



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