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https://issues.apache.org/jira/browse/FINERACT-95?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Michael Vorburger updated FINERACT-95:
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Labels: functional (was: )
> Reversal of interest accrued for NPAs
> -------------------------------------
>
> Key: FINERACT-95
> URL: https://issues.apache.org/jira/browse/FINERACT-95
> Project: Apache Fineract
> Issue Type: New Feature
> Reporter: Emmanuel Nnaa
> Priority: Major
> Labels: functional
>
> any income accrued on loans classified as non-performing (normally 30 days),
> should be reversed using the following booking:
> Dr. Interest Income
> Cr. Suspended Interest
> Whenever a loan that was non-performing starts repayment on time and is
> therefore no longer non-performing, then the Suspended Interest should be
> booked back into the Interest Income Account.
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