[FINERACT-20] Improper Interest Calculation for Overdue/Due/Fee/Int/Prin

• Type: Bug
• Status: Closed
• Priority: Critical
• Resolution: Auto Closed
• Component/s: Loan
• Labels: Cleanup2022 p3
• Assignee: Unassigned
• Reporter: Dayna Harp
• Created: 08/Feb/16 13:52
• Updated: 07/Nov/22 18:11
• Resolved: 07/Nov/22 18:11

Description

https://mifosforge.jira.com/browse/MIFOSX-2396 - see attachments

In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest recalculation enabled, early repayment interest computation is not proper if interest calculation period is daily and rest frequency as same as repayment period

In "Overdue/Due Fee/Int,Principal" repayment strategy for loans with interest recalculation enabled, early repayment interest computation is not proper if interest calculation period is daily and rest frequency as same as repayment period