In Release 2.2, interests on 'Loan Details' and 'Repayment Schedule' pages are displayed differently than in Release 1.6.x. See attached screenshots.
I think the reason for this difference is that mifos 1.6.x considered the interest in the next installment as being part of the written-off amount whereas 2.2.x considers all future interest (including the next installment) to not be part of the written-off amount. Which is the right approach?
kay can you comment on the write approach for write offs based on the recent bug fixed by john?
Emily, I think we should make some decisions about this ticket.
Ideally, we'd get some confirmation from an MFI that our approach is correct. However, my guess is that this is the right approach. When a loan is "written off"-- typically interest isn't included.
So I think this is good to go.
OK, I am closing this ticket according to the above comments. I will also add information about this new behaviour to the release notes.