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  1. Apache Fineract
  2. FINERACT-1289

Tax component not working as expected

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Details

    • Bug
    • Status: In Progress
    • Major
    • Resolution: Unresolved
    • 1.4.0
    • 1.11.0
    • Accounting, Charges
    • None

    Description

      tax attached to the loan charge is not getting affected at the loan/accounting level

      To reproduce

      1. Create a tax component-> create a tax group with the component created.

      2. Create loan charge(any parameter, refer to the attachment for the parameters I used) and map the tax group created.

      3. Add the charge to the loan product (with periodic accrual accounting) enabled

      4. create/approve/disburse a loan from that loan product.

      5. Ideally the charge with the tax attached should have JE splits for charge amount and tax amount separated.

      But the tax bifurcation is not happening

       

      Have attached 

      product config screenshot, charge config screenshot, tax config screenshot, and loan issue screenshot for more understanding

      Please add a comment if you need any help

       

      Attachments

        1. loan charge config.png
          160 kB
          Bharath Gowda
        2. loan charge split not happening.png
          158 kB
          Bharath Gowda
        3. loan product config -1.png
          168 kB
          Bharath Gowda
        4. loan product config -2.png
          170 kB
          Bharath Gowda
        5. tax component config.jpeg
          140 kB
          Bharath Gowda
        6. tax group config.png
          152 kB
          Bharath Gowda

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              gchirag Chirag Gupta
              bgowda Bharath Gowda
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              Dates

                Created:
                Updated: