[jira] [Resolved] (FINERACT-5) Interest re-calculation setup for loan product but repayment doesn't occur

[Shaik Nazeer Hussain (JIRA)]

 [ 
https://issues.apache.org/jira/browse/FINERACT-5?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
 ]

Shaik Nazeer Hussain resolved FINERACT-5.
-
Resolution: Fixed
  Assignee: Shaik Nazeer Hussain  (was: Markus Geiss)

Resolved with PR https://github.com/apache/incubator-fineract/pull/279

> Interest re-calculation setup for loan product but repayment doesn't occur
> --
>
> Key: FINERACT-5
> URL: https://issues.apache.org/jira/browse/FINERACT-5
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Dayna Harp
>Assignee: Shaik Nazeer Hussain
>Priority: Blocker
>  Labels: confirm, p1
> Attachments: new 1
>
>
> Moved from Mifos X https://mifosforge.jira.com/browse/MIFOSX-2501.
> Original Notes: Tested for the bug in 16.01.1, and 16.01.2 and confirm the 
> defect is present in both the versions
> Created a loan product with interest re-calculation option enabled and the 
> necessary fields filled in.
> Created a group and Loan. Disbursed the loan. Till this point no issue. On 
> trying to make payment the is no error display, the repayment entry is not 
> made.
> Log file here: https://mifosforge.jira.com/browse/MIFOSX-2501



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[jira] [Reopened] (FINERACT-207) Loan prepayment fails if Installation Fee charge set

[Shaik Nazeer Hussain (JIRA)]

 [ 
https://issues.apache.org/jira/browse/FINERACT-207?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
 ]

Shaik Nazeer Hussain reopened FINERACT-207:
---
  Assignee: Shaik Nazeer Hussain  (was: Markus Geiss)

> Loan prepayment fails if Installation Fee charge set
> 
>
> Key: FINERACT-207
> URL: https://issues.apache.org/jira/browse/FINERACT-207
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Terence Denzil Monteiro
>Assignee: Shaik Nazeer Hussain
>  Labels: confirm, p1
>
> For Loan Product where Charge Time Type = Installation Fee,
> if a loan is created and modified before approval
> if I try to prepay the loan, it gives HTTP 500 response code with body:
> {"timestamp":1470637896498,"status":500,"error":"Internal Server 
> Error","exception":"java.lang.NullPointerException","message":null}
> for example, see loan #819 on demo server: 
> https://demo.openmf.org/#/loanaccount/819/prepayloan, for client #10: JAVA BOY



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[jira] [Commented] (FINERACT-207) Loan prepayment fails if Installation Fee charge set

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-207?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15831126#comment-15831126
 ] 

Santosh Math commented on FINERACT-207:
---

Yes George, that will be done

> Loan prepayment fails if Installation Fee charge set
> 
>
> Key: FINERACT-207
> URL: https://issues.apache.org/jira/browse/FINERACT-207
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Terence Denzil Monteiro
>Assignee: Markus Geiss
>  Labels: confirm, p1
>
> For Loan Product where Charge Time Type = Installation Fee,
> if a loan is created and modified before approval
> if I try to prepay the loan, it gives HTTP 500 response code with body:
> {"timestamp":1470637896498,"status":500,"error":"Internal Server 
> Error","exception":"java.lang.NullPointerException","message":null}
> for example, see loan #819 on demo server: 
> https://demo.openmf.org/#/loanaccount/819/prepayloan, for client #10: JAVA BOY



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[jira] [Commented] (FINERACT-207) Loan prepayment fails if Installation Fee charge set

[George Hajjar (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-207?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15830994#comment-15830994
 ] 

George Hajjar commented on FINERACT-207:


The problem occurs when increasing the number of repayments during modify loan.

> Loan prepayment fails if Installation Fee charge set
> 
>
> Key: FINERACT-207
> URL: https://issues.apache.org/jira/browse/FINERACT-207
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Terence Denzil Monteiro
>Assignee: Markus Geiss
>  Labels: confirm, p1
>
> For Loan Product where Charge Time Type = Installation Fee,
> if a loan is created and modified before approval
> if I try to prepay the loan, it gives HTTP 500 response code with body:
> {"timestamp":1470637896498,"status":500,"error":"Internal Server 
> Error","exception":"java.lang.NullPointerException","message":null}
> for example, see loan #819 on demo server: 
> https://demo.openmf.org/#/loanaccount/819/prepayloan, for client #10: JAVA BOY



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[jira] [Commented] (FINERACT-207) Loan prepayment fails if Installation Fee charge set

[George Hajjar (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-207?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15830985#comment-15830985
 ] 

George Hajjar commented on FINERACT-207:


The problem has not been fixed. I have tested it on the demo server. Please try 
to prepay loan cng(#00539)

> Loan prepayment fails if Installation Fee charge set
> 
>
> Key: FINERACT-207
> URL: https://issues.apache.org/jira/browse/FINERACT-207
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Terence Denzil Monteiro
>Assignee: Markus Geiss
>  Labels: confirm, p1
>
> For Loan Product where Charge Time Type = Installation Fee,
> if a loan is created and modified before approval
> if I try to prepay the loan, it gives HTTP 500 response code with body:
> {"timestamp":1470637896498,"status":500,"error":"Internal Server 
> Error","exception":"java.lang.NullPointerException","message":null}
> for example, see loan #819 on demo server: 
> https://demo.openmf.org/#/loanaccount/819/prepayloan, for client #10: JAVA BOY



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[jira] [Commented] (FINERACT-304) Issue with Maximum allowed outstanding balance in loans

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-304?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829787#comment-15829787
 ] 

Santosh Math commented on FINERACT-304:
---

Tested it on 16.12.01.RELEASE. The issue still exists

> Issue with Maximum allowed outstanding balance in loans
> ---
>
> Key: FINERACT-304
> URL: https://issues.apache.org/jira/browse/FINERACT-304
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Santosh Math
>Assignee: Markus Geiss
>  Labels: beginner, confirm, p2
>
> Reported by Chandrika at https://mifosforge.jira.com/browse/MIFOSX-2077
> Original Description:
> Create a new tranche loan application.
> With Principal as 10,000 and maximum allowed outstanding balance as 9,000.
> Enter the first tranche with tranche amount as 10,000.Still able to submit.
> Tranche amount should not exceed maximum allowed outstanding balance.



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[jira] [Comment Edited] (FINERACT-298) If more charge is paid in Individual collection sheet is getting collected as advance for the next repayments

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-298?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829745#comment-15829745
 ] 

Santosh Math edited comment on FINERACT-298 at 1/19/17 11:19 AM:
-

I tested it on 16.12.01.RELEASE. The issue still exists. 
Expected: If excess charge is paid(200 in stead of 100), it should be collected 
as charge only not as 'advance' for for next repayment. 


was (Author: santoshmath):
I tested it on 16.12.01.RELEASE. The issue still exists.

> If more charge is paid in Individual collection sheet is getting collected as 
> advance for the next repayments
> -
>
> Key: FINERACT-298
> URL: https://issues.apache.org/jira/browse/FINERACT-298
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Santosh Math
>Assignee: Markus Geiss
>  Labels: confirm, p3
> Attachments: Scr-557.png, Scr-558.png, Scr-559.png
>
>
> Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-1867
> Original Description:
> 1. Submit new loan application for a client on 01 November 2014 -> Approve 
> and Disburse on same date, attache a specified due date charge on 05 November 
> 2014 and amount as 100.
> 2. Run Individual collection sheet in which enter meeting calendar date as 01 
> December 2014 -> Click on collection sheet.
> 3. In same page total due and charges displayed for 01 December 2014.
> 4. In charges field enter amount as 200 (edit 100) and click on submit button.
> 5. Navigate back to repayment schedule page of that particular client loan.
> In Loan repayment page the amount get repaid on 01 December 2014, but the 
> charges paid excess (100 more than defined) is getting collected as advance 
> for the next repayment.



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[jira] [Commented] (FINERACT-298) If more charge is paid in Individual collection sheet is getting collected as advance for the next repayments

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-298?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829745#comment-15829745
 ] 

Santosh Math commented on FINERACT-298:
---

I tested it on 16.12.01.RELEASE. The issue still exists.

> If more charge is paid in Individual collection sheet is getting collected as 
> advance for the next repayments
> -
>
> Key: FINERACT-298
> URL: https://issues.apache.org/jira/browse/FINERACT-298
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Santosh Math
>Assignee: Markus Geiss
>  Labels: confirm, p3
> Attachments: Scr-557.png, Scr-558.png, Scr-559.png
>
>
> Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-1867
> Original Description:
> 1. Submit new loan application for a client on 01 November 2014 -> Approve 
> and Disburse on same date, attache a specified due date charge on 05 November 
> 2014 and amount as 100.
> 2. Run Individual collection sheet in which enter meeting calendar date as 01 
> December 2014 -> Click on collection sheet.
> 3. In same page total due and charges displayed for 01 December 2014.
> 4. In charges field enter amount as 200 (edit 100) and click on submit button.
> 5. Navigate back to repayment schedule page of that particular client loan.
> In Loan repayment page the amount get repaid on 01 December 2014, but the 
> charges paid excess (100 more than defined) is getting collected as advance 
> for the next repayment.



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[jira] [Commented] (FINERACT-287) Unnecessary reversal of transactions when making 2 recovery payments on same day

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-287?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829723#comment-15829723
 ] 

Santosh Math commented on FINERACT-287:
---

Hi [~sheyden], in the description, you said that , "reverse the first one and 
then book it again".  May I know the meaning of this? Or could you reproduce it 
again and share the screenshot?

> Unnecessary reversal of transactions when making 2 recovery payments on same 
> day
> 
>
> Key: FINERACT-287
> URL: https://issues.apache.org/jira/browse/FINERACT-287
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Santosh Math
>Assignee: Markus Geiss
>  Labels: confirm, p1
>
> Reported  by Sander at https://mifosforge.jira.com/browse/MIFOSX-1637
> Original Description: 
> When you make 2 recovery payments into the same (written-off) loan on the 
> same day, the second payment will (unnecessarily) reverse the first one and 
> then book it again. This is not necessary and clutters up the journal 
> entries. This might also apply to other actions, such as regular repayments.



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[jira] [Commented] (FINERACT-380) S3 permission issue -- add system property

[ASF GitHub Bot (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-380?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829691#comment-15829691
 ] 

ASF GitHub Bot commented on FINERACT-380:
-

GitHub user nazeer1100126 opened a pull request:

https://github.com/apache/incubator-fineract/pull/278

FINERACT-380 S3 permission issue -- add system property



You can merge this pull request into a Git repository by running:

$ git pull https://github.com/nazeer1100126/incubator-fineract FINERACT-380

Alternatively you can review and apply these changes as the patch at:

https://github.com/apache/incubator-fineract/pull/278.patch

To close this pull request, make a commit to your master/trunk branch
with (at least) the following in the commit message:

This closes #278


commit b4156ed1ef703b29777005fbec673ab7f1e9c5ad
Author: Nazeer Hussain Shaik 
Date:   2017-01-19T10:30:34Z

FINERACT-380 S3 permission issue -- add system property




> S3 permission issue -- add system property
> --
>
> Key: FINERACT-380
> URL: https://issues.apache.org/jira/browse/FINERACT-380
> Project: Apache Fineract
>  Issue Type: Improvement
>Reporter: thynn win
>Assignee: Shaik Nazeer Hussain
>Priority: Critical
>  Labels: p1
>
> Due to signature version 4 issue, I am unable to use S3 with Mifos.
> Amazon suggested we add a system property and could you please help us add 
> this in the next version?
> AWS Error Code: InvalidRequest, AWS Error Message: The authorization 
> mechanism you have provided is not supported. Please use AWS4-HMAC-SHA256.
> http://docs.aws.amazon.com/AmazonS3/latest/dev/UsingAWSSDK.html#specify-signature-version



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[jira] [Closed] (FINERACT-207) Loan prepayment fails if Installation Fee charge set

[Shaik Nazeer Hussain (JIRA)]

 [ 
https://issues.apache.org/jira/browse/FINERACT-207?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
 ]

Shaik Nazeer Hussain closed FINERACT-207.
-
Resolution: Fixed

Santosh tested on 16.12.01.RELEASE and works as expected

> Loan prepayment fails if Installation Fee charge set
> 
>
> Key: FINERACT-207
> URL: https://issues.apache.org/jira/browse/FINERACT-207
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Terence Denzil Monteiro
>Assignee: Markus Geiss
>  Labels: confirm, p1
>
> For Loan Product where Charge Time Type = Installation Fee,
> if a loan is created and modified before approval
> if I try to prepay the loan, it gives HTTP 500 response code with body:
> {"timestamp":1470637896498,"status":500,"error":"Internal Server 
> Error","exception":"java.lang.NullPointerException","message":null}
> for example, see loan #819 on demo server: 
> https://demo.openmf.org/#/loanaccount/819/prepayloan, for client #10: JAVA BOY



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[jira] [Closed] (FINERACT-278) The new deposit and withdraw buttons at the client detail screen are not affected when assigning user rules and permissions

[Shaik Nazeer Hussain (JIRA)]

 [ 
https://issues.apache.org/jira/browse/FINERACT-278?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
 ]

Shaik Nazeer Hussain closed FINERACT-278.
-
Resolution: Fixed

Santosh tested on 16.12.01.RELEASE and works as expected. 

> The new deposit and withdraw buttons at the client detail screen are not 
> affected when assigning user rules and permissions
> ---
>
> Key: FINERACT-278
> URL: https://issues.apache.org/jira/browse/FINERACT-278
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Savings
>Reporter: Santosh Math
>Assignee: Markus Geiss
>  Labels: confirm, p1
>
> Reported by Ronnie at https://mifosforge.jira.com/browse/MIFOSX-1477
> Original  Description:
> The new deposit and withdraw buttons at the client detail screen are not 
> affected when assigning user rules and permissions. there is no way of 
> blocking users from accessing these buttons and a user with deposit, 
> withdraw, loan payment, disbursement etc can access these restricted area 
> through these buttons.



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[jira] [Commented] (FINERACT-235) For flat loan with variable installment, foreclosure before first repayment date is collecting full month interest

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-235?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829581#comment-15829581
 ] 

Santosh Math commented on FINERACT-235:
---

[~edcable], As discussed with [~binnygopinath], The good solution in such least 
possible scenario is to waive interest before foreclosure.. It works!!

> For flat loan with variable installment, foreclosure before first repayment 
> date is collecting full month interest
> --
>
> Key: FINERACT-235
> URL: https://issues.apache.org/jira/browse/FINERACT-235
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: subramanyasn
>Assignee: Markus Geiss
>  Labels: confirm, p2
>
> 1. Create loan product with following datasets
> Principal: 1,
> ROI: 12% pa
> Loan term 12 months,
> Repaid every: 1 month,
> Amortization: Equal Installments
> Interest method: Flat
> Variable installment checked.
> 2. Submit new loan application on 01 January 2016, expected disbursement date 
> 01 January 2016.
> 3. Edit repayment schedule and change first repayment date from 01 February 
> 2016 to 15 January 2016.
> 4. Disburse loan on 15 January 2016.
> Foreclose loan on same date.
> Expected result:
> It should not collect any interest if the foreclosed date is same as 
> disbursement date.
> Actual result:
> It is collecting one month interest.



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[jira] [Commented] (FINERACT-380) S3 permission issue -- add system property

[Shaik Nazeer Hussain (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-380?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829564#comment-15829564
 ] 

Shaik Nazeer Hussain commented on FINERACT-380:
---

I have tested by adding mentioned system property and updating aws java sdk to 
1.11.80 and I don't see any issue.
But the problem is, this dependency is adding 50 MB aws jars to war file. I 
have started analyzing how to exclude the unnecessary jars.

> S3 permission issue -- add system property
> --
>
> Key: FINERACT-380
> URL: https://issues.apache.org/jira/browse/FINERACT-380
> Project: Apache Fineract
>  Issue Type: Improvement
>Reporter: thynn win
>Assignee: Shaik Nazeer Hussain
>Priority: Critical
>  Labels: p1
>
> Due to signature version 4 issue, I am unable to use S3 with Mifos.
> Amazon suggested we add a system property and could you please help us add 
> this in the next version?
> AWS Error Code: InvalidRequest, AWS Error Message: The authorization 
> mechanism you have provided is not supported. Please use AWS4-HMAC-SHA256.
> http://docs.aws.amazon.com/AmazonS3/latest/dev/UsingAWSSDK.html#specify-signature-version



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[jira] [Comment Edited] (FINERACT-226) If the Center meeting date is modified before submitting JLG loan application then repayment schedule generated is not proper

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-226?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829446#comment-15829446
 ] 

Santosh Math edited comment on FINERACT-226 at 1/19/17 9:06 AM:


Tested it on 16.12.01.RELEASE. The issue still exists.


was (Author: santoshmath):
The issue is still open

> If the Center meeting date is modified before submitting JLG loan application 
> then repayment schedule generated is not proper
> -
>
> Key: FINERACT-226
> URL: https://issues.apache.org/jira/browse/FINERACT-226
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: subramanyasn
>Assignee: Markus Geiss
>  Labels: confirm, p2
> Attachments: Change center meeting date.png
>
>
> 1. Create a Center and attache meeting on 01 July 2016 with weekly on Friday, 
> Click on modify meeting and change the meeting day as Wednesday.
> 2. Create a Group under that Center and Create a Client under that group.
> 3. Submit new JLG loan application for a client on 06 July 2016. with weekly 
> loan, approve and disburse on 06 July 2016.
> 4. Click on the repayment schedule
> It is displaying first repayment entry on 08 July 2016, which was previous 
> meeting date. It should display first repayment date as from 13 July 2016



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[jira] [Commented] (FINERACT-20) Improper Interest Calculation for Overdue/Due/Fee/Int/Prin

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-20?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829553#comment-15829553
 ] 

Santosh Math commented on FINERACT-20:
--

Tested it on 16.12.01.RELEASE. The issue still exists.

> Improper Interest Calculation for Overdue/Due/Fee/Int/Prin
> --
>
> Key: FINERACT-20
> URL: https://issues.apache.org/jira/browse/FINERACT-20
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Dayna Harp
>Assignee: Markus Geiss
>Priority: Critical
>  Labels: confirm, p3
>
> https://mifosforge.jira.com/browse/MIFOSX-2396 - see attachments
> In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest 
> recalculation enabled, early repayment interest computation is not proper if 
> interest calculation period is daily and rest frequency as same as repayment 
> period
> In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest 
> recalculation enabled, early repayment interest computation is not proper if 
> interest calculation period is daily and rest frequency as same as repayment 
> period



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[jira] [Commented] (FINERACT-19) On time loan payment, Overdue Charge should be principal ony

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-19?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829552#comment-15829552
 ] 

Santosh Math commented on FINERACT-19:
--

Tested it on 16.12.01.RELEASE. The issue still exists.

> On time loan payment, Overdue Charge should be principal ony
> 
>
> Key: FINERACT-19
> URL: https://issues.apache.org/jira/browse/FINERACT-19
> Project: Apache Fineract
>  Issue Type: Bug
>  Components: Loan
>Reporter: Dayna Harp
>Assignee: Markus Geiss
>  Labels: confirm, p1
>
> https://mifosforge.jira.com/browse/MIFOSX-2400 - see for attachments
> 1. Create a simple loan product with with monthly repayment and overdue 
> charge as flat 100 attached.
> 2. Create a client and submit new loan application for a client on 01 
> September 2015 approve and disburse on same date.
> 3. Execute scheduler job "Apply penalty for overdue loans".
> 4. Now overdue charge got applied for 01 October 2015, 01 November 2015 and 
> 01 December 2015 repayments.
> 5. Make back dated repayment with the amount displayed in repayment schedule 
> on 01 October 2015.
> Expected behavior:
> .Since the repayment is done on time the extra amount ie 100 paid should go 
> to the principal only.
> Actual behavior:
> The extra amount 100 is getting collected as advance payment for the 
> immediate next repayment.
> Also for the 1st of January the penalty displayed wrongly.



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[jira] [Commented] (FINERACT-14) Improper Repayment Strategy in Overdue/Fee/Int/Principal Strategy

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-14?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829551#comment-15829551
 ] 

Santosh Math commented on FINERACT-14:
--

Tested it on 16.12.01.RELEASE. The issue still exists.

> Improper Repayment Strategy in Overdue/Fee/Int/Principal Strategy
> -
>
> Key: FINERACT-14
> URL: https://issues.apache.org/jira/browse/FINERACT-14
> Project: Apache Fineract
>  Issue Type: Bug
>Reporter: Dayna Harp
>Assignee: Markus Geiss
>Priority: Minor
>  Labels: confirm, p3
>
> https://mifosforge.jira.com/browse/MIFOSX-2397 - See for attachments
> In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest 
> recalculation enabled, early repayment interest computation is not proper if 
> interest calculation period is Daily and rest frequency as Daily
> 1. Create loan product with following datasets,
> Repayment Strategy:Overdue/Due Fee/Int Principal,
> Repayments:12 every 1 Months,
> Amortization:Equal installments
> Interest:12 per annum (1% Per month), 
> Interest Calculation Period as Daily,
> Interest Type:Declining Balance
> Recalculate Interest:Yes
> Days in year:Actual
> Days in month:Actual
> Interest recalculation compounding on:None
> Advance payments adjustment type:Reduce number of installments
> Frequency for recalculate Outstanding Principal:Daily, every 1 day from 01 
> September 2015.
> 2. Create a client and submit new loan application on 01 September 2015, 
> approve and disburse on same date.
> 3. Make early repayment on 15 September 2015.
> >Interest calculated for 01 October 2015 is not proper,
> > Since repayment is done on 15 September interest should get computed for 14 
> > days for 1, and for 01 October interest should get computed for 16 days 
> > for principal balance only.
> ie Interest for 15 September 2015 > 1*(12%/365)*14 = 46.03,
> Principal due > 887.72-46.03 = 841.69,
> Balance of Loan > 1 - 841.69 = 9158.31.
> Interest for 16 days should get calculated for 9158.31 only.



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[jira] [Commented] (FINERACT-89) 1st tranche will appear twice in repayment schedule when disbursement date and first repayment date is on same date

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-89?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829529#comment-15829529
 ] 

Santosh Math commented on FINERACT-89:
--

Tested it on 16.12.01.RELEASE. The issue still exists.

> 1st tranche will appear twice in repayment schedule when disbursement date 
> and first repayment date is on same date
> ---
>
> Key: FINERACT-89
> URL: https://issues.apache.org/jira/browse/FINERACT-89
> Project: Apache Fineract
>  Issue Type: Bug
>Reporter: bharath c
>Assignee: Markus Geiss
>  Labels: confirm, p1
> Attachments: issue.png
>
>
> 1st tranche will appear twice in repayment schedule when disbursement date 
> and first repayment date is on same date
> steps to produce:-
> example
> create a tranche loan
> 1.expected disbursement date =04 January 2016
> 2. first repayment date = 04 January 2016
> see loan no-  308 in demo serveer 



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[jira] [Comment Edited] (FINERACT-164) tranche change is not recalculating interest for the installments before the new tranche date.

[Santosh Math (JIRA)]

[ 
https://issues.apache.org/jira/browse/FINERACT-164?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel=15829451#comment-15829451
 ] 

Santosh Math edited comment on FINERACT-164 at 1/19/17 8:42 AM:


Tested it on 16.12.01.RELEASE. The issue still exists. 


was (Author: santoshmath):
Tested it. The issue still exists. 

> tranche change is not recalculating interest for the installments before the 
> new tranche date.
> --
>
> Key: FINERACT-164
> URL: https://issues.apache.org/jira/browse/FINERACT-164
> Project: Apache Fineract
>  Issue Type: Bug
>Reporter: Sachin Kulkarni
>Assignee: Markus Geiss
>  Labels: confirm, p1
> Attachments: after.png, before.png
>
>
> tranche change is not recalculating interest for the installments before the 
> new tranche date.
> for example refer the attached 
> (the loan is 2 tranche loans with 1st tranche disbursed)
> in the attachment 2nd tranche was on 14th june
> so the installment had the interest computed based on 14th tranche 
> principle(Refer "before" screenshot)
> later i will change the tranche date from 14th june to 27th july.
> at this time all the installments from 14th june to 27th july interest will 
> be same as before.(Refer "after" screenshot)
> it should have been recomputed this interest.



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