[FINERACT-1449] Repayment schedule issue when advance payments are made

• Type: Bug
• Status: Open
• Priority: Critical
• Resolution: Unresolved
• Affects Version/s: 1.5.0
• Fix Version/s: 1.11.0
• Component/s: Loan
• Assignee: Avik Ganguly
• Reporter: Bharath Gowda
• Created: 09/Dec/21 06:56
• Updated: 22/Aug/24 16:00

Description

Repayment schedule issue when advance payments are made

 

To reproduce

1. create a loan product as attached loan product configuration
2. create a loan and disburse on '29 November 2021' for amount 3000 with First Repayment Date as '03 January 2022'
3. Now make a payment of 1 on '02 December 2021' and another payment of 1 on '03 December 2021'
4. Now check the schedule, Installment dates and Interest amount would have changed.

Check the screenshot of the before and after change attached for reference

 

Issue Links

• is blocked by: FINERACT-1591 System is creating incorrect schedule if user performs an early repayment for the second payment
• links to: GitHub Pull Request #2294
• links to: GitHub Pull Request #2297