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
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