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  1. Apache Fineract
  2. FINERACT-1330

Pay Charge & withdrawals is violating Overdraft conditions on current and past Transactions

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    • Bug
    • Status: Resolved
    • Major
    • Resolution: Fixed
    • 1.3.0, 1.4.0, 1.5.0, 1.6.0, 1.7.0, 1.8.0, 1.9.0
    • 1.9.0
    • Charges, Savings
    • None


      To better understand this issue start from FINERACT-1147

      Fineract uses future balance to effect transactions thus violating other rules like OVER-DRAFT disabled

      • Create a client on 01 Jan 2021
      • Apply a savings account on 01 jan 2021 – OVER DRAFT NOT ALLOWED
      • Add transactions 4Jan2021 of 50k, 5Jan2021 of 150k and 13 Jan2021 of 500k, 1 Feb2021 of 500k to make a total of 1.2million on the account
      • Now make a withdrawal on 29 Jan2021 of 900,000
        1. Fineract should reject this transaction since overdraft not allowed and because 900K > 700k available balance below is the message- this message is in place
      • Now let’s add a savings charge of 900,000 due for 29Jan 2021 and pay it up on 29 Jan 2021
      • Lets pay the charge on 29Jan 2021
      • On submission the charge gets paid getting the Account into Negative on 29Jan 2021 yet this account's Over-draft is disabled

      Two issues here

      • Overdraft is disabled but the rule has been violated
      • Fineract is using real-time balance (in my view) to effect back-dated transactions

       The rule of thumb should be the “balance at transaction date” to be considered during transactions and not available balance


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          Francis Guchie
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          Francis Guchie
        5. image-2021-03-10-23-46-46-146.png
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          Francis Guchie


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            rrpawar Rahul Pawar
            francisguchie Francis Guchie
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