Title: Message Title
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Issue Type:
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![Bug]() Bug
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Assignee:
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Unassigned
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Attachments:
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21.png, 22.png, 23.png
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Components:
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Loan
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Created:
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25/Jun/15 1:19 AM
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Fix Versions:
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15.03.2.RELEASE
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Priority:
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![Major]() Major
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Reporter:
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subramanya
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1. Create a loan product with the following datasets:
Currency: US Dollar
Decimal Places : 2
Currency in Multiples Of:0
Terms:
Terms vary based on loan cycle : false
Principal: 10,000
Number of Repayments: 12
Repay Every: 1 Months
Nominal Interest Rate: 1 Per month
Settings
Amortization Equal principal payments
Interest Method Declining Balance
Interest Calculation Period Daily
Repayment Strategy Mifos style
Account moves out of NPA only after all arrears have been cleared? No
Days in year Actual
Days in month Actual
Principal Threshold (%) for Last Instalment 50
Allow fixing of the installment amount No
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 January 2015
Is Arrears recognization based on original schedule No
Loan Tranche Details
Enable Multiple Disbursals true
Maximum Tranche count 1
Maximum allowed outstanding balance: 10000
2. Create a client and submit new loan application for that client with the above loan product on 01 January 2015 -> Approve and disburse on 01 January 2015.
3. Click on make repayment and make early repayment on 15 January 2015.
> Not able to make repayment displays null point exception.
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