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  1. Apache Fineract
  2. FINERACT-346

Reinvesting of Recurring deposit is not working as expected

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Details

    • Bug
    • Status: Closed
    • Major
    • Resolution: Fixed
    • None
    • None
    • Savings

    Description

      Reported by Subramanya at https://mifosforge.jira.com/browse/MIFOSX-1587

      Original Description:
      1. Create a Recurring deposit account for a client on 01 June 2014, term is 4 months repaid every month -> Approve and disburse on same date.
      2. Make Deposits on 01 June, 01 July, 01 August and 01 September -> Click on calculate and post interst.
      3. Also run the scheduler job "Update Deposit Accounts Maturity details" -> Navigate back to the Recurring deposit acount page -> Click on Close button.
      4. In Close account page enter valid inputs and in action dropdown select Reinvest as option -> Click on save button.
      The existing account got closed and the new Recurring deposit account got created with the balance = closed recurring deposit account.
      > Not able to perform any actions in the newly created Recurring deposit account.
      > In Savings account over view page the amount displayed for the newly created Recurring deposit account is twice the amount than closed Recurring deposit account, (In RD account after reinvesting, the old account get closed and the new account with different account ID get created with the initial deposited amount = matured amount in previous account.

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          People

            mgeiss Markus Geiss
            santoshmath Santosh Math
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            Dates

              Created:
              Updated:
              Resolved: