[ http://mifosforge.jira.com/browse/MIFOS-5035?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
Kay Chau reassigned MIFOS-5035: ------------------------------- Assignee: Kay Chau (was: mifosqa) > Interest calculation for variable installment loans should be declining but > with daily interest calculation and should be recalculated when dates are > changed on 'review installments page' of loan creation > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ > > Key: MIFOS-5035 > URL: http://mifosforge.jira.com/browse/MIFOS-5035 > Project: mifos > Issue Type: Bug > Components: Loan Account > Affects Versions: Release G > Reporter: keithwoodlock > Assignee: Kay Chau > Priority: Critical > Fix For: Release G - Iteration 8, Release G > > Attachments: differencesBetweenFreleaseAndGrelease.png > > > The 'variable installments' feature added for loans in 2.1 limits interest > calculation for that type of product to be declining but it differs from > 'declining' used previously in application as it calculates the interest > based on days and not weeks/months frequency which will cause some > differences in interest computed. > Tejus updated the specs to desbribe this here under the heading "Repayment > Schedule Generation": > http://mifosforge.jira.com/wiki/display/MIFOS/Variable+Loan+Installments+and+Cash+Flow+Comparison+Functional+Spec -- This message is automatically generated by JIRA. For more information on JIRA, see: http://www.atlassian.com/software/jira ------------------------------------------------------------------------------ Simplify data backup and recovery for your virtual environment with vRanger. Installation's a snap, and flexible recovery options mean your data is safe, secure and there when you need it. Data protection magic? Nope - It's vRanger. Get your free trial download today. http://p.sf.net/sfu/quest-sfdev2dev _______________________________________________ Mifos-issues mailing list Mifos-issues@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-issues