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 > >