def test_partial_unaccrued_interest_payment(self):
pledge = [{"loan_security": "Test Security 1", "qty": 4000.00}]
loan_application = create_loan_application('_Test Company',
self.applicant2,
'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant2,
"Demand Loan",
loan_application,
posting_date='2019-10-01')
loan.submit()
self.assertEquals(loan.loan_amount, 1000000)
first_date = '2019-10-01'
last_date = '2019-10-30'
no_of_days = date_diff(last_date, first_date) + 1
no_of_days += 5.5
# get partial unaccrued interest amount
paid_amount = (loan.loan_amount * loan.rate_of_interest * no_of_days) \
/ (days_in_year(get_datetime(first_date).year) * 100)
make_loan_disbursement_entry(loan.name,
loan.loan_amount,
disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(posting_date=last_date)
amounts = calculate_amounts(loan.name, add_days(last_date, 5))
repayment_entry = create_repayment_entry(loan.name, self.applicant2,
add_days(last_date, 5),
paid_amount)
repayment_entry.submit()
repayment_entry.load_from_db()
partial_accrued_interest_amount = (loan.loan_amount * loan.rate_of_interest * 5) \
/ (days_in_year(get_datetime(first_date).year) * 100)
interest_amount = flt(
amounts['interest_amount'] + partial_accrued_interest_amount, 2)
self.assertEqual(flt(repayment_entry.total_interest_paid, 0),
flt(interest_amount, 0))
def test_loan_interest_accural(self):
pledge = [{
"loan_security": "Test Security 1",
"qty": 4000.00
}]
loan_application = create_loan_application('_Test Company', self.applicant, 'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant, "Demand Loan", loan_application,
posting_date=get_first_day(nowdate()))
loan.submit()
first_date = '2019-10-01'
last_date = '2019-10-30'
no_of_days = date_diff(last_date, first_date) + 1
accrued_interest_amount = (loan.loan_amount * loan.rate_of_interest * no_of_days) \
/ (days_in_year(get_datetime(first_date).year) * 100)
make_loan_disbursement_entry(loan.name, loan.loan_amount, disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(posting_date=last_date)
loan_interest_accural = frappe.get_doc("Loan Interest Accrual", {'loan': loan.name})
self.assertEquals(flt(loan_interest_accural.interest_amount, 0), flt(accrued_interest_amount, 0))
def test_loan_security_unpledge(self):
pledge = [{"loan_security": "Test Security 1", "qty": 4000.00}]
loan_application = create_loan_application('_Test Company',
self.applicant2,
'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant2,
"Demand Loan",
loan_application,
posting_date='2019-10-01')
loan.submit()
self.assertEquals(loan.loan_amount, 1000000)
first_date = '2019-10-01'
last_date = '2019-10-30'
no_of_days = date_diff(last_date, first_date) + 1
no_of_days += 5
accrued_interest_amount = (loan.loan_amount * loan.rate_of_interest * no_of_days) \
/ (days_in_year(get_datetime(first_date).year) * 100)
make_loan_disbursement_entry(loan.name,
loan.loan_amount,
disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(posting_date=last_date)
repayment_entry = create_repayment_entry(
loan.name, self.applicant2, add_days(last_date, 5),
flt(loan.loan_amount + accrued_interest_amount))
repayment_entry.submit()
request_loan_closure(loan.name)
loan.load_from_db()
self.assertEquals(loan.status, "Loan Closure Requested")
unpledge_request = unpledge_security(loan=loan.name, save=1)
unpledge_request.submit()
unpledge_request.status = 'Approved'
unpledge_request.save()
loan.load_from_db()
pledged_qty = get_pledged_security_qty(loan.name)
self.assertEqual(loan.status, 'Closed')
self.assertEquals(sum(pledged_qty.values()), 0)
amounts = amounts = calculate_amounts(loan.name,
add_days(last_date, 5))
self.assertTrue(amounts['pending_principal_amount'] < 0)
self.assertEquals(amounts['payable_principal_amount'], 0.0)
self.assertEqual(amounts['interest_amount'], 0)
def test_regular_loan_repayment(self):
pledge = [{"loan_security": "Test Security 1", "qty": 4000.00}]
loan_application = create_loan_application('_Test Company',
self.applicant2,
'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant2,
"Demand Loan",
loan_application,
posting_date='2019-10-01')
loan.submit()
self.assertEquals(loan.loan_amount, 1000000)
first_date = '2019-10-01'
last_date = '2019-10-30'
no_of_days = date_diff(last_date, first_date) + 1
accrued_interest_amount = flt(
(loan.loan_amount * loan.rate_of_interest * no_of_days) /
(days_in_year(get_datetime(first_date).year) * 100), 2)
make_loan_disbursement_entry(loan.name,
loan.loan_amount,
disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(posting_date=last_date)
repayment_entry = create_repayment_entry(loan.name, self.applicant2,
add_days(last_date, 10),
111119)
repayment_entry.save()
repayment_entry.submit()
penalty_amount = (accrued_interest_amount * 5 * 25) / 100
self.assertEquals(flt(repayment_entry.penalty_amount, 0),
flt(penalty_amount, 0))
amounts = frappe.db.get_all('Loan Interest Accrual',
{'loan': loan.name},
['paid_interest_amount'])
loan.load_from_db()
total_interest_paid = amounts[0]['paid_interest_amount'] + amounts[1][
'paid_interest_amount']
self.assertEquals(amounts[1]['paid_interest_amount'],
repayment_entry.interest_payable)
self.assertEquals(
flt(loan.total_principal_paid, 0),
flt(
repayment_entry.amount_paid - penalty_amount -
total_interest_paid, 0))
def test_loan_topup(self):
pledge = [{"loan_security": "Test Security 1", "qty": 4000.00}]
loan_application = create_loan_application('_Test Company',
self.applicant,
'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant,
"Demand Loan",
loan_application,
posting_date=get_first_day(nowdate()))
loan.submit()
first_date = get_first_day(nowdate())
last_date = get_last_day(nowdate())
no_of_days = date_diff(last_date, first_date) + 1
accrued_interest_amount = (loan.loan_amount * loan.rate_of_interest * no_of_days) \
/ (days_in_year(get_datetime().year) * 100)
make_loan_disbursement_entry(loan.name,
loan.loan_amount,
disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(
posting_date=add_days(last_date, 1))
# Should not be able to create loan disbursement entry before repayment
self.assertRaises(frappe.ValidationError, make_loan_disbursement_entry,
loan.name, 500000, first_date)
repayment_entry = create_repayment_entry(
loan.name, self.applicant, add_days(get_last_day(nowdate()), 5),
611095.89)
repayment_entry.submit()
loan.reload()
# After repayment loan disbursement entry should go through
make_loan_disbursement_entry(loan.name,
500000,
disbursement_date=add_days(last_date, 16))
# check for disbursement accrual
loan_interest_accrual = frappe.db.get_value(
'Loan Interest Accrual', {
'loan': loan.name,
'accrual_type': 'Disbursement'
})
self.assertTrue(loan_interest_accrual)
def test_loan_amount_write_off(self):
pledge = [{"loan_security": "Test Security 1", "qty": 4000.00}]
loan_application = create_loan_application('_Test Company',
self.applicant2,
'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant2,
"Demand Loan",
loan_application,
posting_date='2019-10-01')
loan.submit()
self.assertEquals(loan.loan_amount, 1000000)
first_date = '2019-10-01'
last_date = '2019-10-30'
no_of_days = date_diff(last_date, first_date) + 1
no_of_days += 5
accrued_interest_amount = (loan.loan_amount * loan.rate_of_interest * no_of_days) \
/ (days_in_year(get_datetime(first_date).year) * 100)
make_loan_disbursement_entry(loan.name,
loan.loan_amount,
disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(posting_date=last_date)
# repay 100 less so that it can be automatically written off
repayment_entry = create_repayment_entry(
loan.name, self.applicant2, add_days(last_date, 5),
flt(loan.loan_amount + accrued_interest_amount - 100))
repayment_entry.submit()
amount = frappe.db.get_value('Loan Interest Accrual',
{'loan': loan.name},
['sum(paid_interest_amount)'])
self.assertEquals(flt(amount, 0), flt(accrued_interest_amount, 0))
self.assertEquals(flt(repayment_entry.penalty_amount, 5), 0)
amounts = calculate_amounts(loan.name, add_days(last_date, 5))
self.assertEquals(flt(amounts['pending_principal_amount'], 0), 100)
we = make_loan_write_off(loan.name,
amount=amounts['pending_principal_amount'])
we.submit()
amounts = calculate_amounts(loan.name, add_days(last_date, 5))
self.assertEquals(flt(amounts['pending_principal_amount'], 0), 0)
def test_loan_closure(self):
pledge = [{"loan_security": "Test Security 1", "qty": 4000.00}]
loan_application = create_loan_application('_Test Company',
self.applicant2,
'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant2,
"Demand Loan",
loan_application,
posting_date='2019-10-01')
loan.submit()
self.assertEquals(loan.loan_amount, 1000000)
first_date = '2019-10-01'
last_date = '2019-10-30'
no_of_days = date_diff(last_date, first_date) + 1
# Adding 5 since repayment is made 5 days late after due date
# and since payment type is loan closure so interest should be considered for those
# 5 days as well though in grace period
no_of_days += 5
accrued_interest_amount = (loan.loan_amount * loan.rate_of_interest * no_of_days) \
/ (days_in_year(get_datetime(first_date).year) * 100)
make_loan_disbursement_entry(loan.name,
loan.loan_amount,
disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(posting_date=last_date)
repayment_entry = create_repayment_entry(
loan.name, self.applicant2, add_days(last_date, 5),
flt(loan.loan_amount + accrued_interest_amount))
repayment_entry.submit()
amount = frappe.db.get_value('Loan Interest Accrual',
{'loan': loan.name},
['sum(paid_interest_amount)'])
self.assertEquals(flt(amount, 0), flt(accrued_interest_amount, 0))
self.assertEquals(flt(repayment_entry.penalty_amount, 5), 0)
request_loan_closure(loan.name)
loan.load_from_db()
self.assertEquals(loan.status, "Loan Closure Requested")
def test_pending_loan_amount_after_closure_request(self):
pledge = [{"loan_security": "Test Security 1", "qty": 4000.00}]
loan_application = create_loan_application('_Test Company',
self.applicant2,
'Demand Loan', pledge)
create_pledge(loan_application)
loan = create_demand_loan(self.applicant2,
"Demand Loan",
loan_application,
posting_date='2019-10-01')
loan.submit()
self.assertEquals(loan.loan_amount, 1000000)
first_date = '2019-10-01'
last_date = '2019-10-30'
no_of_days = date_diff(last_date, first_date) + 1
no_of_days += 5
accrued_interest_amount = (loan.loan_amount * loan.rate_of_interest * no_of_days) \
/ (days_in_year(get_datetime(first_date).year) * 100)
make_loan_disbursement_entry(loan.name,
loan.loan_amount,
disbursement_date=first_date)
process_loan_interest_accrual_for_demand_loans(posting_date=last_date)
amounts = calculate_amounts(loan.name, add_days(last_date, 5))
repayment_entry = create_repayment_entry(
loan.name, self.applicant2, add_days(last_date, 5),
flt(loan.loan_amount + accrued_interest_amount))
repayment_entry.submit()
amounts = frappe.db.get_value(
'Loan Interest Accrual', {'loan': loan.name},
['paid_interest_amount', 'paid_principal_amount'])
request_loan_closure(loan.name)
loan.load_from_db()
self.assertEquals(loan.status, "Loan Closure Requested")
amounts = calculate_amounts(loan.name, add_days(last_date, 5))
self.assertTrue(amounts['pending_principal_amount'] < 0.0)
