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Aleksandar Vidakovic updated FINERACT-1745: ------------------------------------------- Fix Version/s: (was: 1.7.0) > Loan Schedule Final Installment calculation issue > ------------------------------------------------- > > Key: FINERACT-1745 > URL: https://issues.apache.org/jira/browse/FINERACT-1745 > Project: Apache Fineract > Issue Type: Bug > Components: Loan > Affects Versions: 1.7.0 > Reporter: bharath gowda > Assignee: Dhaval Maniyar > Priority: Critical > Attachments: loan product.png, schedule after issue reproducing.png, > schedule before issue.png > > > In an interest recalculation enabled loan, we are noticing the EMI of the > last installment is going wrong for the following scenario > > To reproduce > # Create the loan product as per the config attached > # Have working day configured from Monday to Friday with "move to next > working day" > # Create a loan account and disburse with the following parameters > ## Disbursement date: 6th May 2022 > ## First Repayment date: 27th May 2022 > ## amount: 7800 > ## repay: 60 every 1 month > ## interest rate 8.9 per annum (which will get you an EMI 161.08 > ## Now make the repayments in the following order > ### 27-May-2022 - 161.08 > ### 27-June-2022 - 161.08 > ### 27-Jule-2022 - 161.08 > ### 30-August-2022 - 161.08 > ### 01-sept-2022 - 15 > ## Now check the repayment schedule EMI of the last installment it will be > showing the wrong amount. > # Check the schedule screenshot for examples > -- This message was sent by Atlassian Jira (v8.20.10#820010)