Advance payment strategy with Adjust last, unpaid period reschedule m… #2163
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Description
Progressive interest bearing loan product shall support: Early and late payment situations where interest recalculation is enabled.
In case of an early payment (in advance payment) we have different strategies that can be used.
One of these strategy should be:
Adjust last, unpaid periodThe rule is simple, in case of an in advance payment the EMI of the last, unpaid period to be amended.
Screenshots, if any
Checklist
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