Uploaded image for project: 'Apache Fineract'
  1. Apache Fineract
  2. FINERACT-1648

System is performing incorrect interest reversal entries when the user perform a withdrawal reversal

    XMLWordPrintableJSON

Details

    • Bug
    • Status: Resolved
    • Major
    • Resolution: Fixed
    • None
    • 1.8.0
    • None
    • None

    Description

      Steps to Reproduce:

      • Create a backdated savings account as on 23rd June 2022
      • Perform a withdrawal of 1000 on 23rd June 2022
      • perform a interest calculation and system is posting correct interest calculation as expected
      • perform a withdrawal reversal

       

      Actual behavior:

      System is not posting correct interest reversal entry, instead of posting credit 10 its posting debit 10 which is leading to -10 total balance

       

      Also system is calculating double interest posting for day 2 and day 3 after performing a reversal entry

      Attachments

        Issue Links

          Activity

            People

              dhavalmaniyar Dhaval Maniyar
              vikranth Vikranth Ramasami
              Votes:
              0 Vote for this issue
              Watchers:
              1 Start watching this issue

              Dates

                Created:
                Updated:
                Resolved: