[FINERACT-1962] Accrual Posting Enhancement for Arrears loans

• Type: Improvement
• Status: Open
• Priority: Major
• Resolution: Unresolved
• Assignee: Unassigned
• Reporter: Bharath Gowda
• Created: 01/Aug/23 10:28
• Updated: 01/Aug/23 10:28

Description

As a user
I want the system to stop accruing interest on loan accounts which are in arrears
in order to meet the business and regulatory requirements

Background and details:

Fineract currently does not consider the arrears tag of the loan for posting the accrual transactions. The system will post the accrual for all active loan accounts irrespective of arrears or not
Acceptance criteria

1. As a user I should be able to stop the accrual posting on the loan accounts that are in arrears

1. I should be able to configure the accrual posting at the loan product level where we can have check back to enable and disable accrual posting for the arrears loan.