[jira] [Resolved] (FINERACT-1638) Overdraft is extended or partially repaid, the interest is not being calculated correctly as it is not including previous days interest when calculating new interest posting

["Dhaval Maniyar (Jira)" <ji...@apache.org>]

     [ https://issues.apache.org/jira/browse/FINERACT-1638?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Dhaval Maniyar resolved FINERACT-1638.
--------------------------------------
    Fix Version/s: 1.7.0
         Assignee: Dhaval Maniyar
       Resolution: Fixed

> Overdraft is extended or partially repaid, the interest is not being calculated correctly as it is not including previous days interest when calculating new interest posting
> -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
>
>                 Key: FINERACT-1638
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1638
>             Project: Apache Fineract
>          Issue Type: Bug
>            Reporter: Vikranth Ramasami
>            Assignee: Dhaval Maniyar
>            Priority: Major
>             Fix For: 1.7.0
>
>         Attachments: 1638.JPG
>
>
> !1638.JPG!
>  
>  * We are expecting the interest applied on 8{^}th{^} June to be 12.78 i.e. 1% of 1277.95 (i.e the account balance including previous days interest).{+}{{+}}{+}{{+}}
>  * Instead the interest is being posted as 12.57 which is 1% of 1257.45 (which is the sum of only the withdrawal and withdrawal entries).
>  The same issue will happen if you say do a withdrawal today and then do a partial deposit or another withdrawal the interest posted tomorrow will be incorrect 



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