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  1. Apache Fineract
  2. FINERACT-1546

Prepayments after Maturity date is not recalculating the interest correctly

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Details

    • Bug
    • Status: Open
    • Major
    • Resolution: Unresolved
    • 1.6.0
    • None
    • None
    • None

    Description

      On a daily interest recalculation loan account, when prepayment is collected after the maturity date, interest calculation seems to be wrong

       

      To Reproduce

       

      1. Create a loan product with daily interest calculation and interest recalculation enabled.

      check the attachment for loan product config

      2. Create a loan account and make prepayment after the maturity date and check the interest calculation of that repayment.

      Refer attached loan example pdf for step- by step reproducible details

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            Unassigned Unassigned
            bgowda Bharath Gowda
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            Dates

              Created:
              Updated: