[FINERACT-1603] Savings Interest Posting Job : Interest compounding is not happening

• Type: Bug
• Status: Resolved
• Priority: Minor
• Resolution: Fixed
• Affects Version/s: 1.6.0
• Fix Version/s: 1.8.0
• Component/s: Savings
• Assignee: Unassigned
• Reporter: Manoj Mohanan
• Created: 26/Apr/22 14:46
• Updated: 22/Aug/22 11:50
• Resolved: 22/Aug/22 11:50

Description

 Savings Interest Posting Job : interest compounding is not happening:

Create Savings product with Interest posting period : Daily

When interest posting job is run for multiple days for an account, each days posted interest is not considered in the balance for subsequent days interest posting 

Same defect can be found when the job is skipped for a day and posted for multiple days simultaneously for an account

Issue Links

• blocks: FINERACT-1680 Release Apache Fineract 1.8.0