[FINERACT-1289] Tax component not working as expected

• Type: Bug
• Status: In Progress
• Priority: Major
• Resolution: Unresolved
• Affects Version/s: 1.4.0
• Fix Version/s: 1.11.0
• Component/s: Accounting, Charges
• Assignee: Chirag Gupta
• Reporter: Bharath Gowda
• Created: 13/Jan/21 13:42
• Updated: 22/Aug/24 16:00

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

 

Issue Links

• Blocked: FINERACT-1305 Release Apache Fineract v1.5.0