Rounding - When writing off a declining balance loan, the loan balance can become negative or non zero value

Description

I'm assuming this is related to the rounding issues we are currently
investigating. Detailing this use case so Van/Beth can be aware of it.

I've reprod this only on the test server, but I'm assuming this would repro on
a clean build.

To repro
------ log into test server
Search for "Tom Bombadel" and click on his name
Under the "Account Information" blue/grey boxes, click the link "View all
closed accounts"
Click on Test Loan # 000100000005793
Look at Loan Balance Column

Actual


Loan balance displays -0.3 in the principal row and total row

Expected


B/c the loan has been written off, the balance should be zero.

Environment

Platform: All, OS: All

Activity

Show:
bamazur
June 10, 2008, 4:30 AM

Moved to vNext as this is a rare case and can be dealt with in accounting.

bamazur
June 10, 2008, 8:19 PM

Assigning back to v1.1 and to Kim.

kimloanho
June 13, 2008, 4:44 AM

Fixed in revision 13173. This bug happened when a loan was created and the loan
schedules were generated and the loan amount was rounded twice. Note that since
the bug happened when a loan is created this fix won't work for existing loans.
Loans created after this fix will work.

Jeff Brewster
June 13, 2008, 4:08 PM

Tested against test server by creating new loans and moving them into the states
noted above by Emily. No longer see rounding error with rescheduled flat
interest loan (000100000000556 on test server) or declining balance written off
loan (000100000000557 )

Going to make Arpita QA contact to confirm and reflect this bug in appropriate
test plans.

arpita_a
June 17, 2008, 11:51 AM

Hi,

Loan balances are "0" in both closed-rescheduled and closed-written off loans.
Verified in Revisions 13187 & 13197

Assignee

kimloanho

Reporter

emilytucker

Labels

None

URL

None

Story Points

None

Team

None

Scheduled For

None

Epic

None

Notify

None

productboard URL

None

Man Day Estimate

None

Components

Fix versions

Affects versions

Priority

Critical
Configure