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https://issues.apache.org/jira/browse/FINERACT-517?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Santosh Math closed FINERACT-517.
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Not an issue.
> "Recalculate Interest for Loans" scheduler job has no effect when partial
> payment is made with less amount on scheduled date.
> -----------------------------------------------------------------------------------------------------------------------------
>
> Key: FINERACT-517
> URL: https://issues.apache.org/jira/browse/FINERACT-517
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Reporter: Santosh Math
> Assignee: Santosh Math
> Priority: Major
> Labels: p1
>
> When there is less repayment is made(Ex; 500 in stead of 1000), it is needed
> to run the scheduler job but running this scheduler job has no effect and
> interest is not getting recalculated .
> 1. Create a loan product (Monthly repayment) with Interest Recalculation
> enabled. (Reduced EMI Amount, no compounding is required)
> 2. Disburse loan on January 1, 2017 whose first repayment date will be 01
> February 2017.
> 3. Consider repayment amount is 800, but you make repayment only 400 on 01
> February 2017.
> 4. Run Scheduler job "Recalculate Interest for Loans'
> >When you come back to the loan account, you see the same repayment schedule
> >before running the scheduler job.
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