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, 2), flt(accrued_interest_amount, 2))
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_topup(self):
pledges = []
pledges.append({
"loan_security": "Test Security 1",
"qty": 4000.00,
"haircut": 50,
"loan_security_price": 500.00
})
loan_security_pledge = create_loan_security_pledge(
self.applicant, pledges)
loan = create_demand_loan(self.applicant,
"Demand Loan",
loan_security_pledge.name,
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(posting_date=add_days(last_date, 1))
# Paid 511095.89 amount includes 5,00,000 principal amount and 11095.89 interest amount
repayment_entry = create_repayment_entry(
loan.name, self.applicant, add_days(get_last_day(nowdate()), 5),
"Regular Payment", 611095.89)
repayment_entry.submit()
loan.reload()
make_loan_disbursement_entry(loan.name,
500000,
disbursement_date=add_days(last_date, 16))
total_principal_paid = loan.total_principal_paid
loan.reload()
# Loan Topup will result in decreasing the Total Principal Paid
self.assertEqual(flt(loan.total_principal_paid, 2),
flt(total_principal_paid - 500000, 2))
def test_accumulated_amounts(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_accrual = frappe.get_doc("Loan Interest Accrual",
{"loan": loan.name})
self.assertEqual(flt(loan_interest_accrual.interest_amount, 0),
flt(accrued_interest_amount, 0))
next_start_date = "2019-10-31"
next_end_date = "2019-11-29"
no_of_days = date_diff(next_end_date, next_start_date) + 1
process = process_loan_interest_accrual_for_demand_loans(
posting_date=next_end_date)
new_accrued_interest_amount = (
loan.loan_amount * loan.rate_of_interest *
no_of_days) / (days_in_year(get_datetime(first_date).year) * 100)
total_pending_interest_amount = flt(
accrued_interest_amount + new_accrued_interest_amount, 0)
loan_interest_accrual = frappe.get_doc(
"Loan Interest Accrual", {
"loan": loan.name,
"process_loan_interest_accrual": process
})
self.assertEqual(
flt(loan_interest_accrual.total_pending_interest_amount, 0),
total_pending_interest_amount)
def test_loan_topup_with_additional_pledge(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='2019-10-01')
loan.submit()
self.assertEquals(loan.loan_amount, 1000000)
first_date = '2019-10-01'
last_date = '2019-10-30'
# Disbursed 10,00,000 amount
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, 1))
previous_interest = amounts['interest_amount']
pledge1 = [{
"loan_security": "Test Security 1",
"qty": 2000.00
}]
create_loan_security_pledge(self.applicant, pledge1, loan=loan.name)
# Topup 500000
make_loan_disbursement_entry(
loan.name, 500000, disbursement_date=add_days(last_date, 1))
process_loan_interest_accrual_for_demand_loans(
posting_date=add_days(last_date, 15))
amounts = calculate_amounts(loan.name, add_days(last_date, 15))
per_day_interest = get_per_day_interest(1500000, 13.5, '2019-10-30')
interest = per_day_interest * 15
self.assertEquals(amounts['pending_principal_amount'], 1500000)
self.assertEquals(amounts['interest_amount'],
flt(interest + previous_interest, 2))
def test_loan_topup(self):
pledges = []
pledges.append({
"loan_security": "Test Security 1",
"qty": 4000.00,
"haircut": 50,
"loan_security_price": 500.00
})
loan_security_pledge = create_loan_security_pledge(self.applicant, pledges)
loan = create_demand_loan(self.applicant, "Demand Loan", loan_security_pledge.name,
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),
"Regular Payment", 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))
def test_loan_interest_accural(self):
pledges = []
pledges.append({
"loan_security": "Test Security 1",
"qty": 4000.00,
"haircut": 50,
"loan_security_price": 500.00
})
loan_security_pledge = create_loan_security_pledge(
self.applicant, pledges)
loan = create_demand_loan(self.applicant,
"Demand Loan",
loan_security_pledge.name,
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(posting_date=last_date)
loan_interest_accural = frappe.get_doc("Loan Interest Accrual",
{'loan': loan.name})
self.assertEquals(flt(loan_interest_accural.interest_amount, 2),
flt(accrued_interest_amount, 2))
