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Posted to issues@fineract.apache.org by "Jose Alberto Hernandez (Jira)" <ji...@apache.org> on 2025/10/22 01:11:00 UTC
[jira] [Created] (FINERACT-2398) Re-amortization for Interest bearing products
Jose Alberto Hernandez created FINERACT-2398:
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Summary: Re-amortization for Interest bearing products
Key: FINERACT-2398
URL: https://issues.apache.org/jira/browse/FINERACT-2398
Project: Apache Fineract
Issue Type: New Feature
Affects Versions: 1.12.1
Reporter: Jose Alberto Hernandez
Assignee: Adam Saghy
Fix For: 1.14.0
h3. Re-Aging Requirement Details
# Allow re-aging from any date of loan cycle.
# Re-aging date should not be before the last repayment date.
# Charge-back interest and Principal amount of previous will be split accordingly.
# Can be applied on charge-off loan account as well.
# N+1 Installment amount will be adjusted as part of reverse replay.
# Backdated repayment or reversal are allowed- re-aging will be reversed and replayed accordingly.
# Re-aging can be reversed - until it is the latest transaction on the loan.
# Charges/fees with due-date after the re-age date will be waived off.
# Charges/fees with due-date before the re-age date will be split equally among new installments.
# The charge/fees equal split is applicable for non-interest bearing loans as well(previous implementation on charge handling to be changed)
# Down-payment amounts will not have any impact from re-aging
# Partial Paid amount on the installments before re-aging will remain as is, only unpaid amount will be re-aged.
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