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Manoj Mohanan commented on FINERACT-1443: ----------------------------------------- fixed > Reschedule loan causing wrong interest calculation of last 3-4 installments > --------------------------------------------------------------------------- > > Key: FINERACT-1443 > URL: https://issues.apache.org/jira/browse/FINERACT-1443 > Project: Apache Fineract > Issue Type: Bug > Affects Versions: 1.8.0 > Reporter: bharath gowda > Assignee: Manoj Mohanan > Priority: Major > Fix For: 1.8.0 > > Attachments: Schedule_issue.png, loanproductconfiguration.png, > paramters for rescheduling.png, schedule_beforeissue.png > > > Reschedule loan causing wrong interest calculation of last 3-4 installments > > > To reproduce, > # Create a loan product with the configuration attached > # Create a loan account with a disbursement date as 23-Jan-2021 and the > First repayment date as 01-Mar-2021. > # Approve and disburse the loan as of 23-Jan-2021. > # Make repayment for 01-Mar-2021 > # Now reschedule the loan - CHECK SCREENSHOT FOR RESCHEDULE VALUES (make > sure the configuration > "is-interest-to-be-appropriated-equally-when-greater-than-EMI" is enabled. > # Now check the schedule EMI and total interest. Total interest would be > around 1223 > # Now make repayment for 27-Aug-2021- this will change the interest to 1450 > and a few installments EMI would be changed. > Refer screenshots for more understanding -- This message was sent by Atlassian Jira (v8.20.1#820001)