FINERACT-2232: Capitalized income - amortization in case of Preclose event
This commit is contained in:
committed by
Adam Saghy
parent
d1154c59ba
commit
e69378637d
@@ -167,3 +167,105 @@ Feature: Capitalized Income
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| Type | Account code | Account name | Debit | Credit |
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| ASSET | 112601 | Loans Receivable | 300.0 | |
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| LIABILITY | 145024 | Deferred Capitalized Income | | 300.0 |
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@TestRailId:C3646
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Scenario: As a user I want to add capitalized income to a progressive loan after disbursement and then make a full repayment - amortization in case of loan close event
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When Admin sets the business date to "1 January 2024"
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And Admin creates a client with random data
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When Admin creates a fully customized loan with the following data:
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| 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 |
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| LP2_ADV_PYMNT_INTEREST_DAILY_EMI_360_30_INTEREST_RECALC_DAILY_CAPITALIZED_INCOME | 01 January 2024 | 1000 | 7 | DECLINING_BALANCE | DAILY | EQUAL_INSTALLMENTS | 1 | MONTHS | 1 | MONTHS | 1 | 0 | 0 | 0 | ADVANCED_PAYMENT_ALLOCATION |
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And Admin successfully approves the loan on "1 January 2024" with "1000" amount and expected disbursement date on "1 January 2024"
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And Admin successfully disburse the loan on "1 January 2024" with "900" EUR transaction amount
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Then Loan status will be "ACTIVE"
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When Admin sets the business date to "2 January 2024"
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And Admin adds capitalized income with "AUTOPAY" payment type to the loan on "2 January 2024" with "100" EUR transaction amount
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted |
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| 01 January 2024 | Disbursement | 900.0 | 0.0 | 0.0 | 0.0 | 0.0 | 900.0 | false |
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| 02 January 2024 | Capitalized Income | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 1000.0 | false |
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Then Loan Transactions tab has a "CAPITALIZED_INCOME" transaction with date "02 January 2024" which has the following Journal entries:
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| Type | Account code | Account name | Debit | Credit |
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| ASSET | 112601 | Loans Receivable | 100.0 | |
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| LIABILITY | 145024 | Deferred Capitalized Income | | 100.0 |
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When Customer makes "REPAYMENT" transaction with "AUTOPAY" payment type on "2 January 2024" with 900.17 EUR transaction amount and system-generated Idempotency key
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted |
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| 01 January 2024 | Disbursement | 900.0 | 0.0 | 0.0 | 0.0 | 0.0 | 900.0 | false |
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| 02 January 2024 | Capitalized Income | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 1000.0 | false |
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| 02 January 2024 | Repayment | 900.17 | 900.0 | 0.17 | 0.0 | 0.0 | 100.0 | false |
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| 02 January 2024 | Accrual | 0.17 | 0.0 | 0.17 | 0.0 | 0.0 | 0.0 | false |
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| 02 January 2024 | Capitalized Income Amortization | 100.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | false |
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Then Loan Transactions tab has a "CAPITALIZED_INCOME_AMORTIZATION" transaction with date "02 January 2024" which has the following Journal entries:
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| Type | Account code | Account name | Debit | Credit |
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| INCOME | 404000 | Interest Income | | 100.0 |
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| LIABILITY | 145024 | Deferred Capitalized Income | 100.0 | |
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Then LoanCapitalizedIncomeAmortizationTransactionCreatedBusinessEvent is raised on "02 January 2024"
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@TestRailId:C3647
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Scenario: As a user I want to add capitalized income to a progressive loan after disbursement and then overpay loan - amortization in case of loan close event
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When Admin sets the business date to "1 January 2024"
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And Admin creates a client with random data
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When Admin creates a fully customized loan with the following data:
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| 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 |
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| LP2_ADV_PYMNT_INTEREST_DAILY_EMI_360_30_INTEREST_RECALC_DAILY_CAPITALIZED_INCOME | 01 January 2024 | 1000 | 7 | DECLINING_BALANCE | DAILY | EQUAL_INSTALLMENTS | 1 | MONTHS | 1 | MONTHS | 1 | 0 | 0 | 0 | ADVANCED_PAYMENT_ALLOCATION |
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And Admin successfully approves the loan on "1 January 2024" with "1000" amount and expected disbursement date on "1 January 2024"
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And Admin successfully disburse the loan on "1 January 2024" with "900" EUR transaction amount
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Then Loan status will be "ACTIVE"
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When Admin sets the business date to "2 January 2024"
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And Admin adds capitalized income with "AUTOPAY" payment type to the loan on "2 January 2024" with "100" EUR transaction amount
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted |
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| 01 January 2024 | Disbursement | 900.0 | 0.0 | 0.0 | 0.0 | 0.0 | 900.0 | false |
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| 02 January 2024 | Capitalized Income | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 1000.0 | false |
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Then Loan Transactions tab has a "CAPITALIZED_INCOME" transaction with date "02 January 2024" which has the following Journal entries:
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| Type | Account code | Account name | Debit | Credit |
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| ASSET | 112601 | Loans Receivable | 100.0 | |
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| LIABILITY | 145024 | Deferred Capitalized Income | | 100.0 |
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When Customer makes "REPAYMENT" transaction with "AUTOPAY" payment type on "2 January 2024" with 1000 EUR transaction amount and system-generated Idempotency key
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted |
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| 01 January 2024 | Disbursement | 900.0 | 0.0 | 0.0 | 0.0 | 0.0 | 900.0 | false |
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| 02 January 2024 | Capitalized Income | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 1000.0 | false |
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| 02 January 2024 | Repayment | 1000.0 | 900.0 | 0.17 | 0.0 | 0.0 | 100.0 | false |
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| 02 January 2024 | Accrual | 0.17 | 0.0 | 0.17 | 0.0 | 0.0 | 0.0 | false |
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| 02 January 2024 | Capitalized Income Amortization | 100.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | false |
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Then Loan Transactions tab has a "CAPITALIZED_INCOME_AMORTIZATION" transaction with date "02 January 2024" which has the following Journal entries:
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| Type | Account code | Account name | Debit | Credit |
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| INCOME | 404000 | Interest Income | | 100.0 |
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| LIABILITY | 145024 | Deferred Capitalized Income | 100.0 | |
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Then LoanCapitalizedIncomeAmortizationTransactionCreatedBusinessEvent is raised on "02 January 2024"
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@TestRailId:C3651
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Scenario: As a user I want to add capitalized income to a progressive loan after disbursement and then write off loan - amortization in case of loan close event
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When Admin sets the business date to "1 January 2024"
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And Admin creates a client with random data
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When Admin creates a fully customized loan with the following data:
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| 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 |
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| LP2_ADV_PYMNT_INTEREST_DAILY_EMI_360_30_INTEREST_RECALC_DAILY_CAPITALIZED_INCOME | 01 January 2024 | 1000 | 7 | DECLINING_BALANCE | DAILY | EQUAL_INSTALLMENTS | 1 | MONTHS | 1 | MONTHS | 1 | 0 | 0 | 0 | ADVANCED_PAYMENT_ALLOCATION |
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And Admin successfully approves the loan on "1 January 2024" with "1000" amount and expected disbursement date on "1 January 2024"
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And Admin successfully disburse the loan on "1 January 2024" with "900" EUR transaction amount
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Then Loan status will be "ACTIVE"
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When Admin sets the business date to "2 January 2024"
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And Admin adds capitalized income with "AUTOPAY" payment type to the loan on "2 January 2024" with "100" EUR transaction amount
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted |
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| 01 January 2024 | Disbursement | 900.0 | 0.0 | 0.0 | 0.0 | 0.0 | 900.0 | false |
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| 02 January 2024 | Capitalized Income | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 1000.0 | false |
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Then Loan Transactions tab has a "CAPITALIZED_INCOME" transaction with date "02 January 2024" which has the following Journal entries:
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| Type | Account code | Account name | Debit | Credit |
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| ASSET | 112601 | Loans Receivable | 100.0 | |
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| LIABILITY | 145024 | Deferred Capitalized Income | | 100.0 |
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And Admin does write-off the loan on "02 January 2024"
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Then Loan status will be "CLOSED_WRITTEN_OFF"
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted |
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| 01 January 2024 | Disbursement | 900.0 | 0.0 | 0.0 | 0.0 | 0.0 | 900.0 | false |
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| 02 January 2024 | Capitalized Income | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 1000.0 | false |
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| 02 January 2024 | Close (as written-off) | 905.25 | 900.0 | 5.25 | 0.0 | 0.0 | 100.0 | false |
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| 02 January 2024 | Capitalized Income Amortization | 100.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | false |
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Then Loan Transactions tab has a "CAPITALIZED_INCOME_AMORTIZATION" transaction with date "02 January 2024" which has the following Journal entries:
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| Type | Account code | Account name | Debit | Credit |
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| EXPENSE | e4 | Written off | | 100.0 |
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| LIABILITY | 145024 | Deferred Capitalized Income | 100.0 | |
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Then LoanCapitalizedIncomeAmortizationTransactionCreatedBusinessEvent is raised on "02 January 2024"
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