New Installment is getting created past due in the Last installment

Description

Created a Loan Product with 4 installments and first 3 installment are paid on due date. In the 4th installment repayment is not done on time and next day when penalty applied System has created new installment automatically with only Penalty Amount and Original requirement was it should be added in the Last installment itself. Any configuration parameter available?

Thanks
Palani

Environment

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Assignee

Unassigned

Reporter

Palani M

Team

Partner