Hi Mexina,

Could you give me the formula which you are using to calculate interest?



On Feb 14, 2017 6:38 PM, "Mexina Daniel" <mex...@singo.co.tz> wrote:

> Hi Santosh
>
> I did check it with "Currency multiple of" 1, it still gives wrong interest
>
> https://demo.openmf.org/#/viewloanaccount/625
>
>
> When you configure loan term in months and repaid every 1 month it give
> correct interest with both "Currency multiple of" 1 and "Currency multiple
> of" 100.
>
> Regards
>
> On 02/14/2017 01:40 PM, Santosh Math wrote:
>
>> Hi Mexina,
>>
>> I think  you set 'Currency in Multiple of ' 100 and it is rounding off to
>> nearest 100th value. Check it again with 'Currency in Multiple of' as 1.
>>
>> https://demo.openmf.org/#/editloanproduct/144
>>
>> On Tue, Feb 14, 2017 at 3:36 PM, Mexina Daniel <mex...@singo.co.tz>
>> wrote:
>>
>> Hi dev!
>>>
>>> When you apply a loan and configure loan term 12 weeks, number of
>>> repayment 12 and repaid every 1 week, the system wrongly calculate
>>> interest
>>>
>>> I reproduced this in https://demo.openmf.org/#/viewloanaccount/624
>>>
>>> Am i setting it wrong somewhere?
>>>
>>> Thank in advance
>>>
>>> --
>>> Mexina M Daniel
>>> Lead Software Developer
>>> Research & Development
>>>
>>> Tel:+255 222 618 511 | Mob: +255 712 110 791
>>>
>>> Singo Africa Limited
>>> Block G,Mbezi Beach B| 7 Nakawale Road| P.O.Box 78908| 14121 Dar es
>>> Salaam
>>>
>>> singo.co.tz
>>>
>>> Lets grow together
>>>
>>>
>>>
>>
> --
> Mexina M Daniel
> Lead Software Developer
> Research & Development
>
> Tel:+255 222 618 511 | Mob: +255 712 110 791
>
> Singo Africa Limited
> Block G,Mbezi Beach B| 7 Nakawale Road| P.O.Box 78908| 14121 Dar es Salaam
>
> singo.co.tz
>
> Lets grow together
>
>

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