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Posted to issues@fineract.apache.org by "bharath gowda (Jira)" <ji...@apache.org> on 2022/03/25 15:30:00 UTC
[jira] [Updated] (FINERACT-1546) Prepayments after Maturity date is not recalculating the interest correctly
[ https://issues.apache.org/jira/browse/FINERACT-1546?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
bharath gowda updated FINERACT-1546:
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Attachment: Steps to reproduce the issue FINERACT-1546.docx
> Prepayments after Maturity date is not recalculating the interest correctly
> ---------------------------------------------------------------------------
>
> Key: FINERACT-1546
> URL: https://issues.apache.org/jira/browse/FINERACT-1546
> Project: Apache Fineract
> Issue Type: Bug
> Affects Versions: 1.6.0
> Reporter: bharath gowda
> Priority: Major
> Attachments: Steps to reproduce the issue FINERACT-1546.docx
>
>
> On a daily interest recalculation loan account, when prepayment is collected after the maturity date, interest calculation seems to be wrong
>
> To Reproduce
>
> 1. Create a loan product with daily interest calculation and interest recalculation enabled.
> check the attachment for loan product config
> 2. Create a loan account and make prepayment after the maturity date and check the interest calculation of that repayment.
> Refer attached loan example pdf for step- by step reproducible details
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