[ https://issues.apache.org/jira/browse/FINERACT-381?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
Edward Cable updated FINERACT-381: ---------------------------------- Labels: p1 (was: ) > Repayment schedule mismatch before approval and after approval when two > consecutive holidays comes on repayment > --------------------------------------------------------------------------------------------------------------- > > Key: FINERACT-381 > URL: https://issues.apache.org/jira/browse/FINERACT-381 > Project: Apache Fineract > Issue Type: Bug > Components: Loan > Reporter: Avinash Dalvi > Assignee: Markus Geiss > Priority: Critical > Labels: p1 > Attachments: image001.jpg, image002.jpg > > > Have configured a loan product with declining balance, recalculate > interest, and frequency for recalculate outstanding principal as ?same as > repayment period?. System is configured to have payments due on non working > days to be moved to next working day. Found that the date when the > principal is recalculated is not the same date as expected EMI / repayment > date in case the repayment date is a holiday. > Loan configuration screen shot: > The repayment schedule comes like below: The interest computed of 3,682 is > on the principal of 200,000 rather than 134,894, as the outstanding > principal calculation was done based on principal on 12th Feb and not 13th > Feb which is the date of EMI payment. Please refer to the screen shot > below. Same happens for interest of 2,661 which is based on 134,894 rather > than 69,262. -- This message was sent by Atlassian JIRA (v6.3.15#6346)