1. Create a Loan product with tranche count 2.Create client, Create overdue charge as 1% of amount. 2. Submit new loan application for the above mentioned client on 01 January 2015 and amount as 15000, first tranche on 01 January 2015 and amount as 7500. Second tranche on 01 March 2015 and amount is 7500. Approve and disburse first tranche on 01 January 2015. 3. Click on the Admin -> System -> Scheduler Job -> Run scheduler job apply penalty for overdue loans. 4. Once the job is success navigate back to the Loan general page of the above mentioned loan account and click on the repayment schedule in which overdue charges got applied for 01 February 2015 and 01 March 2015. 5. Click on Disburse button and disburse 2nd tranche on 01 March 2015. 6. Click on the repayment schedule in which the principal due got changed but the overdue charge didnot got modified.
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