[Mifos-users] Repayment Schedule Issue

[Thomas Varghese]

In the repayment schedule calculation, found that the repayment schedule is different before loan is approved (wrong values) and after loan is approved (correct values).

 

This happens on select days when the repayment day falls on a holiday. Eg this issue happens if the loan disbursement date is 12Jan and does not happen if the loan disbursement date is 11Jan.

 

Can see in the mifos demo environment in the client “Thomas Varghese”.

Loan Number - Thomas(#000000509) (https://demo.openmf.org/#/viewloanaccount/509)  is before the loan approved – Wrong Repayment Schedule

Loan  Number - Thomas(#000000510) (https://demo.openmf.org/#/viewloanaccount/510) is showing after the loan is approved – Correct Repayment Schedule

 

Please see screenshot below:

Loan Number - Thomas(#000000509) (https://demo.openmf.org/#/viewloanaccount/509)  is before the loan approved – Wrong Repayment Schedule

 

Loan  Number - Thomas(#000000510) (https://demo.openmf.org/#/viewloanaccount/510) is showing after the loan is approved – Correct Repayment Schedule

 

Thanks & Regards,

Thomas Varghese

KNAB finance advisors pvt ltd

Web: www.KNABfinance.com

LinkedIn: https://www.linkedin.com/company/KNABfinance

Facebook: https://www.facebook.com/KNABfinance

 

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[Ed Cable]

Thomas, I'll make sure Santosh and others are looking this. I have also cc'd our Apache Fineract users list so discussion can take place there.

Ed

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[Santosh Math]

Hi Thomas,

I tested it and found that the values of principal and interest(first repayment is showing right values  before  and after approval) are being changed after approval. I have raised the issue on Jira related to it.

https://issues.apache.org/jira/browse/FINERACT-375

Thanks

Santosh

--

Thanks  and Regards

Santosh 

QA Team

Conflux Technologies Pvt Ltd, Bengaluru

Skype:santoshmath99