FINERACT-2117: Early and late payment - In advance payment strategy: Adjust last, unpaid period

This commit is contained in:
Jose Alberto Hernandez
2024-08-19 13:20:47 +02:00
committed by Adam Saghy
parent 3e923bf483
commit 04533f03c6
9 changed files with 120 additions and 9 deletions
@@ -20,7 +20,7 @@ package org.apache.fineract.test.data;
public enum AdvancePaymentsAdjustmentType {
RESCHEDULE_NEXT_REPAYMENTS(1), REDUCE_NUMBER_OF_INSTALLMENTS(2), REDUCE_EMI_AMOUNT(3);
RESCHEDULE_NEXT_REPAYMENTS(1), REDUCE_NUMBER_OF_INSTALLMENTS(2), REDUCE_EMI_AMOUNT(3), ADJUST_LAST_UNPAID_PERIOD(4);
public final Integer value;
@@ -27,6 +27,7 @@ import java.util.Map;
* <li>RESCHEDULE_NEXT_REPAYMENTS</li>
* <li>REDUCE_NUMBER_OF_INSTALLMENTS</li>
* <li>REDUCE_EMI_AMOUNT</li>
* <li>ADJUST_LAST_UNPAID_PERIOD</li>
* </ul>
*/
@@ -35,7 +36,9 @@ public enum LoanRescheduleStrategyMethod {
INVALID(0, "loanRescheduleStrategyMethod.invalid"), //
RESCHEDULE_NEXT_REPAYMENTS(1, "loanRescheduleStrategyMethod.reschedule.next.repayments"), //
REDUCE_NUMBER_OF_INSTALLMENTS(2, "loanRescheduleStrategyMethod.reduce.number.of.installments"), //
REDUCE_EMI_AMOUNT(3, "loanRescheduleStrategyMethod.reduce.emi.amount");
REDUCE_EMI_AMOUNT(3, "loanRescheduleStrategyMethod.reduce.emi.amount"), //
ADJUST_LAST_UNPAID_PERIOD(4, "loanRescheduleStrategyMethod.adjust.last.unpaid.period"), //
;
private final Integer value;
private final String code;
@@ -159,7 +159,8 @@ public class LoanDropdownReadPlatformServiceImpl implements LoanDropdownReadPlat
return Arrays.asList(rescheduleStrategyType(LoanRescheduleStrategyMethod.REDUCE_EMI_AMOUNT),
rescheduleStrategyType(LoanRescheduleStrategyMethod.REDUCE_NUMBER_OF_INSTALLMENTS),
rescheduleStrategyType(LoanRescheduleStrategyMethod.RESCHEDULE_NEXT_REPAYMENTS));
rescheduleStrategyType(LoanRescheduleStrategyMethod.RESCHEDULE_NEXT_REPAYMENTS),
rescheduleStrategyType(LoanRescheduleStrategyMethod.ADJUST_LAST_UNPAID_PERIOD));
}
@Override
@@ -492,6 +492,9 @@ public final class LoanEnumerations {
case RESCHEDULE_NEXT_REPAYMENTS ->
new EnumOptionData(LoanRescheduleStrategyMethod.RESCHEDULE_NEXT_REPAYMENTS.getValue().longValue(),
LoanRescheduleStrategyMethod.RESCHEDULE_NEXT_REPAYMENTS.getCode(), "Reschedule next repayments");
case ADJUST_LAST_UNPAID_PERIOD ->
new EnumOptionData(LoanRescheduleStrategyMethod.ADJUST_LAST_UNPAID_PERIOD.getValue().longValue(),
LoanRescheduleStrategyMethod.ADJUST_LAST_UNPAID_PERIOD.getCode(), "Adjust last, unpaid period");
default -> new EnumOptionData(LoanRescheduleStrategyMethod.INVALID.getValue().longValue(),
LoanRescheduleStrategyMethod.INVALID.getCode(), "Invalid");
};
@@ -61,6 +61,7 @@ import org.apache.fineract.portfolio.loanproduct.domain.LoanPreClosureInterestCa
import org.apache.fineract.portfolio.loanproduct.domain.LoanProduct;
import org.apache.fineract.portfolio.loanproduct.domain.LoanProductPaymentAllocationRule;
import org.apache.fineract.portfolio.loanproduct.domain.LoanProductValueConditionType;
import org.apache.fineract.portfolio.loanproduct.domain.LoanRescheduleStrategyMethod;
import org.apache.fineract.portfolio.loanproduct.domain.LoanSupportedInterestRefundTypes;
import org.apache.fineract.portfolio.loanproduct.domain.RecalculationFrequencyType;
import org.apache.fineract.portfolio.loanproduct.exception.EqualAmortizationUnsupportedFeatureException;
@@ -1042,7 +1043,27 @@ public final class LoanProductDataValidator {
final Integer rescheduleStrategyMethod = this.fromApiJsonHelper
.extractIntegerNamed(LoanProductConstants.rescheduleStrategyMethodParameterName, element, Locale.getDefault());
baseDataValidator.reset().parameter(LoanProductConstants.rescheduleStrategyMethodParameterName).value(rescheduleStrategyMethod)
.notNull().inMinMaxRange(1, 3);
.notNull().inMinMaxRange(1, 4);
final LoanRescheduleStrategyMethod loanRescheduleStrategyMethod = LoanRescheduleStrategyMethod
.fromInt(rescheduleStrategyMethod);
String loanScheduleType = LoanScheduleType.CUMULATIVE.toString();
if (fromApiJsonHelper.parameterExists(LoanProductConstants.LOAN_SCHEDULE_TYPE, element)) {
loanScheduleType = fromApiJsonHelper.extractStringNamed(LoanProductConstants.LOAN_SCHEDULE_TYPE, element);
}
if (LoanScheduleType.CUMULATIVE.equals(LoanScheduleType.valueOf(loanScheduleType))
&& LoanRescheduleStrategyMethod.ADJUST_LAST_UNPAID_PERIOD.equals(loanRescheduleStrategyMethod)) {
baseDataValidator.reset().parameter(LoanProductConstants.rescheduleStrategyMethodParameterName).failWithCode(
"reschedule.strategy.method.not.supported.for.loan.schedule.type.cumulative",
"Adjust last, unpaid period is only supported for Progressive loan schedule type");
}
if (LoanScheduleType.PROGRESSIVE.equals(LoanScheduleType.valueOf(loanScheduleType))
&& !LoanRescheduleStrategyMethod.ADJUST_LAST_UNPAID_PERIOD.equals(loanRescheduleStrategyMethod)) {
baseDataValidator.reset().parameter(LoanProductConstants.rescheduleStrategyMethodParameterName).failWithCode(
"reschedule.strategy.method.not.supported.for.loan.schedule.type.progressive",
loanScheduleType.toString() + " reschedule strategy type is not supported for Progressive loan schedule type");
}
}
RecalculationFrequencyType frequencyType = null;
@@ -99,7 +99,7 @@ import org.springframework.stereotype.Component;
+ "Specifies which amount portion should be added to principal for interest recalculation. \n"
+ "Example Values:0=NONE(Only on principal), 1=INTEREST(Principal+Interest), 2=FEE(Principal+Fee), 3=FEE And INTEREST (Principal+Fee+Interest)\n"
+ "rescheduleStrategyMethod\n" + "Specifies what action should perform on loan repayment schedule for advance payments. \n"
+ "Example Values:1=Reschedule next repayments, 2=Reduce number of installments, 3=Reduce EMI amount\n"
+ "Example Values:1=Reschedule next repayments, 2=Reduce number of installments, 3=Reduce EMI amount, 4=Adjust last, unpaid period\n"
+ "recalculationCompoundingFrequencyType\n"
+ "Specifies effective date from which the compounding of interest or fee amounts will be considered in recalculation on late payment.\n"
+ "Example Values:1=Same as repayment period, 2=Daily, 3=Weekly, 4=Monthly\n" + "recalculationCompoundingFrequencyInterval\n"
@@ -15845,7 +15845,7 @@ An enumeration that indicates the type of transaction processing strategy to be
</tr>
<tr>
<td class=fielddesc>Specifies what action should perform on loan repayment schedule for advance payments. <br>
<span>Example Values:</span>1=Reschedule next repayments, 2=Reduce number of installments, 3=Reduce EMI amount</td>
<span>Example Values:</span>1=Reschedule next repayments, 2=Reduce number of installments, 3=Reduce EMI amount, 4=Adjust last, unpaid period</td>
</tr>
<tr class=alt>
<td>recalculationCompoundingFrequencyType</td>
@@ -51748,7 +51748,7 @@ An enumeration that indicates the type of transaction processing strategy to be
</tr>
<tr>
<td class=fielddesc>Specifies what action should perform on loan repayment schedule for advance payments. <br>
<span>Example Values:</span>1=Reschedule next repayments, 2=Reduce number of installments, 3=Reduce EMI amount</td>
<span>Example Values:</span>1=Reschedule next repayments, 2=Reduce number of installments, 3=Reduce EMI amount, 4=Adjust last, unpaid period</td>
</tr>
<tr class=alt>
<td>recalculationCompoundingFrequencyType</td>
@@ -44,6 +44,7 @@ import org.apache.fineract.client.models.AdvancedPaymentData;
import org.apache.fineract.client.models.BusinessDateRequest;
import org.apache.fineract.client.models.CreditAllocationData;
import org.apache.fineract.client.models.CreditAllocationOrder;
import org.apache.fineract.client.models.GetLoanProductsProductIdResponse;
import org.apache.fineract.client.models.GetLoansLoanIdLoanChargeData;
import org.apache.fineract.client.models.GetLoansLoanIdRepaymentPeriod;
import org.apache.fineract.client.models.GetLoansLoanIdResponse;
@@ -5095,6 +5096,69 @@ public class AdvancedPaymentAllocationLoanRepaymentScheduleTest extends BaseLoan
});
}
// uc148a: Advanced payment allocation, with Interest Recalculation in Loan Product and Adjust last, unpaid period
// ADVANCED_PAYMENT_ALLOCATION_STRATEGY
// 1. Create a Loan product with Adv. Pment. Alloc. with Interest Recalculation enabled and Adjust last, unpaid
// period
@Test
public void uc148a() {
runAt("23 March 2024", () -> {
final Integer rescheduleStrategyMethod = 4; // Adjust last, unpaid period
PostLoanProductsRequest loanProduct = createOnePeriod30DaysPeriodicAccrualProductWithAdvancedPaymentAllocationAndInterestRecalculation(
(double) 80.0, rescheduleStrategyMethod);
final PostLoanProductsResponse loanProductResponse = loanProductHelper.createLoanProduct(loanProduct);
assertNotNull(loanProductResponse);
final GetLoanProductsProductIdResponse loanProductDetails = loanProductHelper
.retrieveLoanProductById(loanProductResponse.getResourceId());
assertNotNull(loanProductDetails);
assertTrue(loanProductDetails.getIsInterestRecalculationEnabled());
assertEquals(rescheduleStrategyMethod.longValue(),
loanProductDetails.getInterestRecalculationData().getRescheduleStrategyType().getId());
});
}
// uc148b: Negative Test: Advanced payment allocation, with Interest Recalculation in Loan Product but try to use
// Reduce EMI amount
// ADVANCED_PAYMENT_ALLOCATION_STRATEGY
// 1. Try to Create a Loan product with Adv. Pment. Alloc. with Interest Recalculation enabled and use Reduce EMI
// amount
@Test
public void uc148b() {
runAt("23 March 2024", () -> {
final Integer rescheduleStrategyMethod = 3; // Reduce EMI amount
PostLoanProductsRequest loanProduct = createOnePeriod30DaysPeriodicAccrualProductWithAdvancedPaymentAllocationAndInterestRecalculation(
(double) 80.0, rescheduleStrategyMethod);
CallFailedRuntimeException callFailedRuntimeException = Assertions.assertThrows(CallFailedRuntimeException.class,
() -> loanProductHelper.createLoanProduct(loanProduct));
Assertions.assertTrue(callFailedRuntimeException.getMessage().contains("is not supported for Progressive loan schedule type"));
});
}
// uc148c: Negative Test: Comulative, with Interest Recalculation in Loan Product but try to use
// Adjust last, unpaid period
// COMULATIVE
// 1. Try to Create a Loan product with Comulative with Interest Recalculation enabled and use Adjust last, unpaid
// period
@Test
public void uc148c() {
runAt("23 March 2024", () -> {
final Integer rescheduleStrategyMethod = 4; // Adjust last, unpaid period
PostLoanProductsRequest loanProduct = createOnePeriod30DaysPeriodicAccrualProductWithAdvancedPaymentAllocationAndInterestRecalculation(
(double) 80.0, rescheduleStrategyMethod).transactionProcessingStrategyCode(LoanProductTestBuilder.DEFAULT_STRATEGY)//
.loanScheduleType(LoanScheduleType.CUMULATIVE.toString());
CallFailedRuntimeException callFailedRuntimeException = Assertions.assertThrows(CallFailedRuntimeException.class,
() -> loanProductHelper.createLoanProduct(loanProduct));
Assertions.assertTrue(callFailedRuntimeException.getMessage()
.contains("Adjust last, unpaid period is only supported for Progressive loan schedule type"));
});
}
private Long applyAndApproveLoanProgressiveAdvancedPaymentAllocationStrategyMonthlyRepayments(Long clientId, Long loanProductId,
Integer numberOfRepayments, String loanDisbursementDate, double amount) {
LOG.info("------------------------------APPLY AND APPROVE LOAN ---------------------------------------");
@@ -205,8 +205,12 @@ public abstract class BaseLoanIntegrationTest {
return Utils.loginIntoServerAndGetBase64EncodedAuthenticationKey();
}
// Loan product with proper accounting setup
protected PostLoanProductsRequest createOnePeriod30DaysLongNoInterestPeriodicAccrualProduct() {
return createOnePeriod30DaysPeriodicAccrualProduct((double) 0);
}
// Loan product with proper accounting setup
protected PostLoanProductsRequest createOnePeriod30DaysPeriodicAccrualProduct(double interestRatePerPeriod) {
return new PostLoanProductsRequest().name(Utils.uniqueRandomStringGenerator("LOAN_PRODUCT_", 6))//
.shortName(Utils.uniqueRandomStringGenerator("", 4))//
.description("Loan Product Description")//
@@ -224,7 +228,7 @@ public abstract class BaseLoanIntegrationTest {
.maxNumberOfRepayments(30)//
.isLinkedToFloatingInterestRates(false)//
.minInterestRatePerPeriod((double) 0)//
.interestRatePerPeriod((double) 0)//
.interestRatePerPeriod(interestRatePerPeriod)//
.maxInterestRatePerPeriod((double) 100)//
.interestRateFrequencyType(2)//
.repaymentEvery(30)//
@@ -302,6 +306,21 @@ public abstract class BaseLoanIntegrationTest {
.addPaymentAllocationItem(defaultAllocation);
}
protected PostLoanProductsRequest createOnePeriod30DaysPeriodicAccrualProductWithAdvancedPaymentAllocationAndInterestRecalculation(
final double interestRatePerPeriod, final Integer rescheduleStrategyMethod) {
String futureInstallmentAllocationRule = "NEXT_INSTALLMENT";
AdvancedPaymentData defaultAllocation = createDefaultPaymentAllocation(futureInstallmentAllocationRule);
return createOnePeriod30DaysPeriodicAccrualProduct(interestRatePerPeriod) //
.transactionProcessingStrategyCode("advanced-payment-allocation-strategy")//
.loanScheduleType(LoanScheduleType.PROGRESSIVE.toString()) //
.loanScheduleProcessingType(LoanScheduleProcessingType.HORIZONTAL.toString()) //
.addPaymentAllocationItem(defaultAllocation).enableDownPayment(false) //
.isInterestRecalculationEnabled(true).interestRecalculationCompoundingMethod(0) //
.preClosureInterestCalculationStrategy(1).recalculationRestFrequencyType(1).allowPartialPeriodInterestCalcualtion(true) //
.rescheduleStrategyMethod(rescheduleStrategyMethod);
}
private List<PaymentAllocationOrder> getPaymentAllocationOrder(PaymentAllocationType... paymentAllocationTypes) {
AtomicInteger integer = new AtomicInteger(1);
return Arrays.stream(paymentAllocationTypes).map(pat -> {