[ https://issues.apache.org/jira/browse/FINERACT-1350?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=17353105#comment-17353105 ]
Vikranth Ramasami commented on FINERACT-1350: --------------------------------------------- Hello [~Luis.Espinoza], I have attached the product configuration and Loan account details for your reference. Thanks > System is creating a incorrect entry in the repayment schedule on performing > a bulk posting towards more than 1 overdue EMI > --------------------------------------------------------------------------------------------------------------------------- > > Key: FINERACT-1350 > URL: https://issues.apache.org/jira/browse/FINERACT-1350 > Project: Apache Fineract > Issue Type: Bug > Components: Loan > Reporter: Vikranth Ramasami > Priority: Major > Labels: repayment, schedule > Attachments: Issue_Screenshot_Repayment.docx, Loan Set up.png, Loan > Set up.png, Product set up.png, Product set up.png > > > Steps To Reproduce: > * Create a lease with 12 payments, which is having the repayment strategy - > Interest, Principal, Penalties, Fees Order > * Repayment on 1st of every month > * First repayment date = 1st February 2021 > * Current date = 30th April 2021 > * EMI amount = 14578 > * perform a repayment with the transaction date as 30th April 2021 with the > transaction amount as 20,000 > > Actual Behavior: > System is clearing the complete 01st February 2021 installment and partially > clearing the 01st March 2021 Interest but it is creating a installment on > 30th April 2021 with principal 0 and interest amount for the 29 days and the > 1st may installment is adjusted with the interest amount of 1 day > > Expected Behavior: > System on performing a repayment should clear the EMI of 1st February 2021 > and Partial interest of 1st march 2021 and it should not create a new > installment. > > CC [~avikg] , [~fynmanoj] -- This message was sent by Atlassian Jira (v8.3.4#803005)