[ https://issues.apache.org/jira/browse/FINERACT-12?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
James Dailey updated FINERACT-12: --------------------------------- Labels: Volunteer cleanup22 gci gsoc p1 (was: Volunteer gci gsoc p1) > For Overdue/Due Fee/Int,Principal strategy with variable installment, late > repayment is not working as expected > --------------------------------------------------------------------------------------------------------------- > > Key: FINERACT-12 > URL: https://issues.apache.org/jira/browse/FINERACT-12 > Project: Apache Fineract > Issue Type: Bug > Components: Loan > Affects Versions: 1.8.0 > Reporter: Dayna Harp > Priority: Major > Labels: Volunteer, cleanup22, gci, gsoc, p1 > Fix For: 1.9.0 > > > https://mifosforge.jira.com/browse/MIFOSX-2401 > 1. Create loan product with following datasets, > Terms > Terms vary based on loan cycle : false > Principal: 10,000 ( Min: , Max : ) > Number of Repayments: 12 ( Min: , Max) > Repay Every: 1 Months > Nominal Interest Rate: 1 ( Min: , Max) Per month > Minimum days between disbursal and first repayment date > Settings > Amortization Equal installments > Interest Method Declining Balance > Interest Calculation Period Daily > Arrears Tolerance > Repayment Strategy Overdue/Due Fee/Int,Principal > Days in year Actual > Days in month Actual > Principal Threshold (%) for Last Instalment 0 > Allow fixing of the installment amount No > Variable Installments (Min:0 , Max:365) > Interest Recalculation > Recalculate Interest Yes > Advance payments adjustment type Reduce number of installments > Pre-closure interest calculation rule Calculate till pre closure date > Interest recalculation compounding on None > Frequency for recalculate Outstanding Principal Daily > Frequency Interval for recalculation 1 > Frequency Date for recalculation 01 October 2015 > Is Arrears recognization based on original schedule No > 2. Create a client and submit new loan application on 01 October 2015. > 3. Click on More -> Edit repayment schedule in which delete repayment for 01 > November 2015 and click on validate and submit button. > 4. Approve and disburse loan on 01 October 2015. > 5. Make repayment on 15 December 2015. > > In Overdue/Due Fee/Int,Principal repayment strategy one entry on 15 > > December 2015 should get created, which is not getting getting created. > > Interest should get calculated upto 14 December 2015. (Disbursement date 01 > > October 2015 and first repayment is doing on 15 December 2015). > Attachments: https://mifosforge.jira.com/browse/MIFOSX-2401 -- This message was sent by Atlassian Jira (v8.20.10#820010)