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FINERACT-2210: Incorrect accounting of reversed charge-off transaction.

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mariiaKraievska
2025-04-01 10:01:13 +02:00
committed by Adam Saghy
parent b7ba9bd570
commit 957666df18
12 changed files with 578 additions and 481 deletions
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fineract-e2e-tests-runner/src/test/resources/features/LoanChargeOff.feature
+43 -1
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@@ -7541,4 +7541,46 @@ Feature: Charge-off
| 20 January 2024 | Accrual Adjustment | 12.58 | 0.0 | 12.58 | 0.0 | 0.0 | 0.0 | false | false |
| 20 January 2024 | Charge-off | 790.71 | 757.67 | 33.04 | 0.0 | 0.0 | 0.0 | false | false |
Then Loan marked as charged-off on "20 January 2024"
Then LoanAccrualAdjustmentTransactionBusinessEvent is raised on "20 January 2024"
Then LoanAccrualAdjustmentTransactionBusinessEvent is raised on "20 January 2024"
@TestRailId:C3567
Scenario: Charge-off reversal on a fraud loan respects GL mapping based on charge-off reason
When Admin sets the business date to "1 January 2024"
And Admin creates a client with random data
And Admin creates a fully customized loan with the following data:
| LoanProduct | submitted on date | with Principal | ANNUAL interest rate % | interest type | interest calculation period | amortization type | loanTermFrequency | loanTermFrequencyType | repaymentEvery | repaymentFrequencyType | numberOfRepayments | graceOnPrincipalPayment | graceOnInterestPayment | interest free period | Payment strategy |
| LP2_ADV_PYMNT_ZERO_INTEREST_CHARGE_OFF_DELINQUENT_REASON | 01 January 2024 | 100 | 7 | DECLINING_BALANCE | SAME_AS_REPAYMENT_PERIOD | EQUAL_INSTALLMENTS | 6 | MONTHS | 1 | MONTHS | 6 | 0 | 0 | 0 | ADVANCED_PAYMENT_ALLOCATION |
Then Loan Repayment schedule has 6 periods, with the following data for periods:
| Nr | Days | Date | Paid date | Balance of loan | Principal due | Interest | Fees | Penalties | Due | Paid | In advance | Late | Outstanding |
| | | 01 January 2024 | | 100.0 | | | 0.0 | | 0.0 | | | | 0.0 |
| 1 | 31 | 01 February 2024 | | 83.59 | 16.41 | 0.59 | 0.0 | 0.0 | 17.0 | 0.0 | 0.0 | 0.0 | 17.0 |
| 2 | 29 | 01 March 2024 | | 67.05 | 16.54 | 0.46 | 0.0 | 0.0 | 17.0 | 0.0 | 0.0 | 0.0 | 17.0 |
| 3 | 31 | 01 April 2024 | | 50.45 | 16.6 | 0.4 | 0.0 | 0.0 | 17.0 | 0.0 | 0.0 | 0.0 | 17.0 |
| 4 | 30 | 01 May 2024 | | 33.74 | 16.71 | 0.29 | 0.0 | 0.0 | 17.0 | 0.0 | 0.0 | 0.0 | 17.0 |
| 5 | 31 | 01 June 2024 | | 16.94 | 16.8 | 0.2 | 0.0 | 0.0 | 17.0 | 0.0 | 0.0 | 0.0 | 17.0 |
| 6 | 30 | 01 July 2024 | | 0.0 | 16.94 | 0.1 | 0.0 | 0.0 | 17.04 | 0.0 | 0.0 | 0.0 | 17.04 |
Then Loan Repayment schedule has the following data in Total row:
| Principal due | Interest | Fees | Penalties | Due | Paid | In advance | Late | Outstanding |
| 100 | 2.04 | 0 | 0 | 102.04 | 0 | 0 | 0 | 102.04 |
And Admin successfully approves the loan on "1 January 2024" with "100" amount and expected disbursement date on "1 January 2024"
And Admin successfully disburse the loan on "1 January 2024" with "100" EUR transaction amount
Then Admin can successfully set Fraud flag to the loan
When Admin sets the business date to "03 February 2024"
And Admin does charge-off the loan with reason "DELINQUENT" on "03 February 2024"
Then Loan Transactions tab has a "CHARGE_OFF" transaction with date "03 February 2024" which has the following Journal entries:
| Type | Account code | Account name | Debit | Credit |
| ASSET | 112601 | Loans Receivable | | 100.0 |
| ASSET | 112603 | Interest/Fee Receivable | | 0.62 |
| EXPENSE | 744037 | Credit Loss/Bad Debt-Fraud | 100.0 | |
| INCOME | 404001 | Interest Income Charge Off | 0.62 | |
Then Admin does a charge-off undo the loan
Then Loan Transactions tab has a "CHARGE_OFF" transaction with date "03 February 2024" which has the following Journal entries:
| Type | Account code | Account name | Debit | Credit |
| ASSET | 112601 | Loans Receivable | | 100.0 |
| ASSET | 112601 | Loans Receivable | 100.0 | |
| ASSET | 112603 | Interest/Fee Receivable | | 0.62 |
| ASSET | 112603 | Interest/Fee Receivable | 0.62 | |
| EXPENSE | 744037 | Credit Loss/Bad Debt-Fraud | 100.0 | |
| EXPENSE | 744037 | Credit Loss/Bad Debt-Fraud | | 100.0 |
| INCOME | 404001 | Interest Income Charge Off | 0.62 | |
| INCOME | 404001 | Interest Income Charge Off | | 0.62 |