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Posted to dev@fineract.apache.org by "Abdul Aziz Ali (JIRA)" <ji...@apache.org> on 2016/12/06 11:11:35 UTC

[jira] [Created] (FINERACT-270) Unable to waive all Loan charges

Abdul Aziz Ali created FINERACT-270:
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             Summary: Unable to waive all Loan charges
                 Key: FINERACT-270
                 URL: https://issues.apache.org/jira/browse/FINERACT-270
             Project: Apache Fineract
          Issue Type: Bug
          Components: Loan
         Environment: Reproducible on demo.openmf.org. 
Create new client Loan with FINERACT_7-MIFOS_2495
            Reporter: Abdul Aziz Ali
            Assignee: Markus Geiss
            Priority: Trivial
         Attachments: pruned_catalina.log

Create Loan and Charge similar to FINERACT-7
------------------------------------------------------------------------
(verbatim from FINERACT-7)
1. Create Installment fee for a loan as 100-Flat-Regular. 
2. Create loan product with following datasets and attache above installment fee to that.
Terms vary based on loan cycle :	FALSE
Principal:	10,000 ( Min: , Max : )
Number of Repayments:	12 ( Min: , Max
Repay Every:	1 Months
Nominal Interest Rate:	1 ( Min: , Max Per month
Minimum days between disbursal and first repayment date	
Amortization	Equal installments
Interest Method	Declining Balance
Interest Calculation Period	Daily
Repayment Strategy	Overdue/Due Fee/Int,Principal
Account moves out of NPA only after all arrears have been cleared?	No
Days in year	Actual
Days in month	Actual
Principal Threshold (%) for Last Instalment	0
Allow fixing of the installment amount	No
Interest Recalculation	
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-Jan-15
Is Arrears recognization based on original schedule:No.
3. Submit new loan application on 01 October 2015. Approve and disburse loan on same date.
4. Click on waive charge and select for 1st repayment.
5. Repayment schedule generated after waive charge is not proper
>Waive charge is happening not for first installment instead for other installment it is happening.
6. For first repayment the due is getting displayed.
------------------------------------------------------------------------
7. Keep waiving all charges until the last one
The last one does not get waived nor does the Exception get raised to the UI.






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