[FINERACT-1781] Interest is wrong for the first instalment.

• Type: Bug
• Status: Resolved
• Priority: Major
• Resolution: Fixed
• Affects Version/s: 1.7.0
• Fix Version/s: 1.7.2
• Component/s: Loan
• Assignee: Dhaval Maniyar
• Reporter: Dhaval Maniyar
• Created: 17/Oct/22 09:53
• Updated: 28/Nov/22 18:01
• Resolved: 08/Nov/22 06:24

Description

Steps to reproduce:

1. create a Loan product as below.

2. set the disbursement date as 06 May 2022.

3. set the first repayment date as 27 May 2022.

4. check the interest for the 1st instalment. It should be 39.94 but it was 57.06 for 21 days.

 

Issue Links

• blocks: FINERACT-1799 Release Apache Fineract 1.7.2
• links to: GitHub Pull Request #2709