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Currently installment amount is displayed assuming the total loan amount irrespective of the individual tranches, it should be calculated as per the traches disbursed.
eg:
1. Create loan product with 2 tranches, In submit new loan application for a client Enter submitted on date as 01 December 2014 and expected disbursement date as 01 December2014, Enter first tranche amount as 5000 on 01 Decembeer 2014, and 2nd tranche amount as 5000 on 01 March 2015.
2. Click on repayment schedule in which it will compute installment for 10000 only.
Actually it should compute installment for 5000 from 01 January 2015 to 01 March 2015, and from 01 April it should compute installment for 10000.
3. After disbursement of first tranche on 01 December 2014, installment amount computed for 5000 only, but after disbursement of 2nd tranche on 01 March 2015 the installment amount is getting computed for 10000 only.
Please find the excel sheet for more clarity.
Can we have the "Compute installments on disbursed amounts only" checkbox in the Create loan product page itself, so that if checked then installments should get computed for disbursed amount only.
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