/**
* This Source Code Form is subject to the terms of the Mozilla Public
* License, v. 2.0. If a copy of the MPL was not distributed with this file,
* You can obtain one at http://mozilla.org/MPL/2.0/.
*/
package org.mifosplatform.integrationtests;
import static org.junit.Assert.assertEquals;
import java.text.DateFormat;
import java.text.DecimalFormat;
import java.text.DecimalFormatSymbols;
import java.text.ParseException;
import java.text.SimpleDateFormat;
import java.util.ArrayList;
import java.util.Calendar;
import java.util.HashMap;
import java.util.List;
import java.util.Locale;
import org.joda.time.Days;
import org.joda.time.LocalDate;
import org.junit.Assert;
import org.junit.Before;
import org.junit.Test;
import org.mifosplatform.integrationtests.common.ClientHelper;
import org.mifosplatform.integrationtests.common.CommonConstants;
import org.mifosplatform.integrationtests.common.SchedulerJobHelper;
import org.mifosplatform.integrationtests.common.Utils;
import org.mifosplatform.integrationtests.common.accounting.Account;
import org.mifosplatform.integrationtests.common.accounting.AccountHelper;
import org.mifosplatform.integrationtests.common.accounting.JournalEntry;
import org.mifosplatform.integrationtests.common.accounting.JournalEntryHelper;
import org.mifosplatform.integrationtests.common.accounting.PeriodicAccrualAccountingHelper;
import org.mifosplatform.integrationtests.common.charges.ChargesHelper;
import org.mifosplatform.integrationtests.common.fixeddeposit.FixedDepositAccountHelper;
import org.mifosplatform.integrationtests.common.fixeddeposit.FixedDepositAccountStatusChecker;
import org.mifosplatform.integrationtests.common.fixeddeposit.FixedDepositProductHelper;
import org.mifosplatform.integrationtests.common.loans.LoanApplicationTestBuilder;
import org.mifosplatform.integrationtests.common.loans.LoanProductTestBuilder;
import org.mifosplatform.integrationtests.common.loans.LoanStatusChecker;
import org.mifosplatform.integrationtests.common.loans.LoanTransactionHelper;
import org.mifosplatform.integrationtests.common.recurringdeposit.RecurringDepositAccountHelper;
import org.mifosplatform.integrationtests.common.recurringdeposit.RecurringDepositAccountStatusChecker;
import org.mifosplatform.integrationtests.common.recurringdeposit.RecurringDepositProductHelper;
import org.mifosplatform.integrationtests.common.savings.SavingsAccountHelper;
import org.mifosplatform.integrationtests.common.savings.SavingsProductHelper;
import org.mifosplatform.integrationtests.common.savings.SavingsStatusChecker;
import com.jayway.restassured.builder.RequestSpecBuilder;
import com.jayway.restassured.builder.ResponseSpecBuilder;
import com.jayway.restassured.http.ContentType;
import com.jayway.restassured.specification.RequestSpecification;
import com.jayway.restassured.specification.ResponseSpecification;
@SuppressWarnings({ "unused", "rawtypes", "unchecked", "static-access" })
public class AccountingScenarioIntegrationTest {
private static RequestSpecification requestSpec;
private static ResponseSpecification responseSpec;
private final String DATE_OF_JOINING = "01 January 2011";
private final Float LP_PRINCIPAL = 10000.0f;
private final String LP_REPAYMENTS = "5";
private final String LP_REPAYMENT_PERIOD = "2";
private final String LP_INTEREST_RATE = "1";
private final String EXPECTED_DISBURSAL_DATE = "04 March 2011";
private final String LOAN_APPLICATION_SUBMISSION_DATE = "3 March 2011";
private final String TRANSACTION_DATE = "01 March 2013";
private final String LOAN_TERM_FREQUENCY = "10";
private final String INDIVIDUAL_LOAN = "individual";
public static final String ACCOUNT_TYPE_INDIVIDUAL = "INDIVIDUAL";
public static final String MINIMUM_OPENING_BALANCE = "1000.0";
public static final String DEPOSIT_AMOUNT = "7000";
public static final String WITHDRAWAL_AMOUNT = "3000";
public static final String WITHDRAWAL_AMOUNT_ADJUSTED = "2000";
Float SP_BALANCE = new Float(MINIMUM_OPENING_BALANCE);
Float SP_DEPOSIT_AMOUNT = new Float(DEPOSIT_AMOUNT);
Float SP_WITHDRAWAL_AMOUNT = new Float(WITHDRAWAL_AMOUNT);
Float SP_WITHDRAWAL_AMOUNT_ADJUSTED = new Float(WITHDRAWAL_AMOUNT_ADJUSTED);
private final String REPAYMENT_DATE[] = { "", "04 May 2011", "04 July 2011", "04 September 2011", "04 November 2011", "04 January 2012" };
private final Float REPAYMENT_AMOUNT[] = { .0f, 2200.0f, 3000.0f, 900.0f, 2000.0f, 2500.0f };
private final Float AMOUNT_TO_BE_WAIVE = 400.0f;
private LoanTransactionHelper loanTransactionHelper;
private AccountHelper accountHelper;
private JournalEntryHelper journalEntryHelper;
private SavingsAccountHelper savingsAccountHelper;
private FixedDepositProductHelper fixedDepositProductHelper;
private FixedDepositAccountHelper fixedDepositAccountHelper;
private RecurringDepositProductHelper recurringDepositProductHelper;
private RecurringDepositAccountHelper recurringDepositAccountHelper;
private SchedulerJobHelper schedulerJobHelper;
private PeriodicAccrualAccountingHelper periodicAccrualAccountingHelper;
@Before
public void setup() {
Utils.initializeRESTAssured();
this.requestSpec = new RequestSpecBuilder().setContentType(ContentType.JSON).build();
this.requestSpec.header("Authorization", "Basic " + Utils.loginIntoServerAndGetBase64EncodedAuthenticationKey());
this.responseSpec = new ResponseSpecBuilder().expectStatusCode(200).build();
this.loanTransactionHelper = new LoanTransactionHelper(this.requestSpec, this.responseSpec);
this.accountHelper = new AccountHelper(this.requestSpec, this.responseSpec);
this.journalEntryHelper = new JournalEntryHelper(this.requestSpec, this.responseSpec);
this.schedulerJobHelper = new SchedulerJobHelper(this.requestSpec, this.responseSpec);
this.periodicAccrualAccountingHelper = new PeriodicAccrualAccountingHelper(this.requestSpec, this.responseSpec);
}
@Test
public void checkUpfrontAccrualAccountingFlow() {
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account overpaymentAccount = this.accountHelper.createLiabilityAccount();
final Integer loanProductID = createLoanProductWithUpfrontAccrualAccountingEnabled(assetAccount, incomeAccount, expenseAccount,
overpaymentAccount);
final Integer clientID = ClientHelper.createClient(this.requestSpec, this.responseSpec, this.DATE_OF_JOINING);
final Integer loanID = applyForLoanApplication(clientID, loanProductID);
HashMap loanStatusHashMap = LoanStatusChecker.getStatusOfLoan(this.requestSpec, this.responseSpec, loanID);
LoanStatusChecker.verifyLoanIsPending(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.approveLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsApproved(loanStatusHashMap);
LoanStatusChecker.verifyLoanIsWaitingForDisbursal(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.disburseLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsActive(loanStatusHashMap);
// CHECK ACCOUNT ENTRIES
System.out.println("Entries ......");
final float PRINCIPAL_VALUE_FOR_EACH_PERIOD = 2000.0f;
final float TOTAL_INTEREST = 1000.0f;
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(TOTAL_INTEREST, JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.CREDIT),
new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.DEBIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.EXPECTED_DISBURSAL_DATE, assetAccountInitialEntry);
System.out.println("CHECKING INCOME: ******************************************");
final JournalEntry incomeJournalEntry = new JournalEntry(TOTAL_INTEREST, JournalEntry.TransactionType.CREDIT);
this.journalEntryHelper.checkJournalEntryForIncomeAccount(incomeAccount, this.EXPECTED_DISBURSAL_DATE, incomeJournalEntry);
// MAKE 1
System.out.println("Repayment 1 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[1], this.REPAYMENT_AMOUNT[1], loanID);
final float FIRST_INTEREST = 200.0f;
final float FIRST_PRINCIPAL = 2000.0f;
float expected_value = this.LP_PRINCIPAL - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(1, expected_value, loanID);
final JournalEntry[] assetAccountFirstEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[1], JournalEntry.TransactionType.DEBIT),
new JournalEntry(FIRST_INTEREST, JournalEntry.TransactionType.CREDIT),
new JournalEntry(FIRST_PRINCIPAL, JournalEntry.TransactionType.CREDIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[1], assetAccountFirstEntry);
System.out.println("Repayment 1 Done......");
// REPAYMENT 2
System.out.println("Repayment 2 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[2], this.REPAYMENT_AMOUNT[2], loanID);
final float SECOND_AND_THIRD_INTEREST = 400.0f;
final float SECOND_PRINCIPAL = this.REPAYMENT_AMOUNT[2] - SECOND_AND_THIRD_INTEREST;
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(2, expected_value, loanID);
final JournalEntry[] assetAccountSecondEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[2], JournalEntry.TransactionType.DEBIT),
new JournalEntry(SECOND_AND_THIRD_INTEREST, JournalEntry.TransactionType.CREDIT),
new JournalEntry(SECOND_PRINCIPAL, JournalEntry.TransactionType.CREDIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[2], assetAccountSecondEntry);
System.out.println("Repayment 2 Done ......");
// WAIVE INTEREST
System.out.println("Waive Interest ......");
this.loanTransactionHelper.waiveInterest(this.REPAYMENT_DATE[4], this.AMOUNT_TO_BE_WAIVE.toString(), loanID);
final JournalEntry waivedEntry = new JournalEntry(this.AMOUNT_TO_BE_WAIVE, JournalEntry.TransactionType.CREDIT);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[4], waivedEntry);
final JournalEntry expenseJournalEntry = new JournalEntry(this.AMOUNT_TO_BE_WAIVE, JournalEntry.TransactionType.DEBIT);
this.journalEntryHelper.checkJournalEntryForExpenseAccount(expenseAccount, this.REPAYMENT_DATE[4], expenseJournalEntry);
System.out.println("Waive Interest Done......");
// REPAYMENT 3
System.out.println("Repayment 3 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[3], this.REPAYMENT_AMOUNT[3], loanID);
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
final JournalEntry[] assetAccountThirdEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[3], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[3], JournalEntry.TransactionType.CREDIT) };
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(3, expected_value, loanID);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[3], assetAccountThirdEntry);
System.out.println("Repayment 3 Done ......");
// REPAYMENT 4
System.out.println("Repayment 4 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[4], this.REPAYMENT_AMOUNT[4], loanID);
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(4, expected_value, loanID);
final JournalEntry[] assetAccountFourthEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[4], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[4], JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[4], assetAccountFourthEntry);
System.out.println("Repayment 4 Done ......");
// Repayment 5
System.out.println("Repayment 5 ......");
final JournalEntry[] assetAccountFifthEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[5], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[5], JournalEntry.TransactionType.CREDIT) };
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[5], this.REPAYMENT_AMOUNT[5], loanID);
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(5, expected_value, loanID);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[5], assetAccountFifthEntry);
System.out.println("Repayment 5 Done ......");
}
private Integer createLoanProductWithUpfrontAccrualAccountingEnabled(final Account... accounts) {
System.out.println("------------------------------CREATING NEW LOAN PRODUCT ---------------------------------------");
final String loanProductJSON = new LoanProductTestBuilder().withPrincipal(this.LP_PRINCIPAL.toString()).withRepaymentTypeAsMonth()
.withRepaymentAfterEvery(this.LP_REPAYMENT_PERIOD).withNumberOfRepayments(this.LP_REPAYMENTS).withRepaymentTypeAsMonth()
.withinterestRatePerPeriod(this.LP_INTEREST_RATE).withInterestRateFrequencyTypeAsMonths()
.withAmortizationTypeAsEqualPrincipalPayment().withInterestTypeAsFlat().withAccountingRuleUpfrontAccrual(accounts)
.build(null);
return this.loanTransactionHelper.getLoanProductId(loanProductJSON);
}
private Integer applyForLoanApplication(final Integer clientID, final Integer loanProductID) {
System.out.println("--------------------------------APPLYING FOR LOAN APPLICATION--------------------------------");
final String loanApplicationJSON = new LoanApplicationTestBuilder().withPrincipal(this.LP_PRINCIPAL.toString())
.withLoanTermFrequency(this.LOAN_TERM_FREQUENCY).withLoanTermFrequencyAsMonths().withNumberOfRepayments(this.LP_REPAYMENTS)
.withRepaymentEveryAfter(this.LP_REPAYMENT_PERIOD).withRepaymentFrequencyTypeAsMonths()
.withInterestRatePerPeriod(this.LP_INTEREST_RATE).withInterestTypeAsFlatBalance()
.withAmortizationTypeAsEqualPrincipalPayments().withInterestCalculationPeriodTypeSameAsRepaymentPeriod()
.withExpectedDisbursementDate(this.EXPECTED_DISBURSAL_DATE).withSubmittedOnDate(this.LOAN_APPLICATION_SUBMISSION_DATE)
.withLoanType(this.INDIVIDUAL_LOAN).build(clientID.toString(), loanProductID.toString(), null);
return this.loanTransactionHelper.getLoanId(loanApplicationJSON);
}
@Test
public void checkAccountingWithSavingsFlow() {
this.savingsAccountHelper = new SavingsAccountHelper(this.requestSpec, this.responseSpec);
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account liabilityAccount = this.accountHelper.createLiabilityAccount();
final Integer savingsProductID = createSavingsProduct(MINIMUM_OPENING_BALANCE, assetAccount, incomeAccount, expenseAccount,
liabilityAccount);
final Integer clientID = ClientHelper.createClient(this.requestSpec, this.responseSpec, this.DATE_OF_JOINING);
final Integer savingsID = this.savingsAccountHelper.applyForSavingsApplication(clientID, savingsProductID, ACCOUNT_TYPE_INDIVIDUAL);
HashMap savingsStatusHashMap = SavingsStatusChecker.getStatusOfSavings(this.requestSpec, this.responseSpec, savingsID);
SavingsStatusChecker.verifySavingsIsPending(savingsStatusHashMap);
savingsStatusHashMap = this.savingsAccountHelper.approveSavings(savingsID);
SavingsStatusChecker.verifySavingsIsApproved(savingsStatusHashMap);
savingsStatusHashMap = this.savingsAccountHelper.activateSavings(savingsID);
SavingsStatusChecker.verifySavingsIsActive(savingsStatusHashMap);
// Checking initial Account entries.
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(this.SP_BALANCE, JournalEntry.TransactionType.DEBIT) };
final JournalEntry[] liablilityAccountInitialEntry = { new JournalEntry(this.SP_BALANCE, JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.TRANSACTION_DATE, assetAccountInitialEntry);
this.journalEntryHelper
.checkJournalEntryForLiabilityAccount(liabilityAccount, this.TRANSACTION_DATE, liablilityAccountInitialEntry);
// First Transaction-Deposit
this.savingsAccountHelper.depositToSavingsAccount(savingsID, DEPOSIT_AMOUNT, SavingsAccountHelper.TRANSACTION_DATE,
CommonConstants.RESPONSE_RESOURCE_ID);
Float balance = SP_BALANCE + SP_DEPOSIT_AMOUNT;
HashMap summary = this.savingsAccountHelper.getSavingsSummary(savingsID);
assertEquals("Verifying Balance after Deposit", balance, summary.get("accountBalance"));
System.out.println("----------------------Verifying Journal Entry after the Transaction Deposit----------------------------");
final JournalEntry[] assetAccountFirstTransactionEntry = { new JournalEntry(this.SP_DEPOSIT_AMOUNT,
JournalEntry.TransactionType.DEBIT) };
final JournalEntry[] liabililityAccountFirstTransactionEntry = { new JournalEntry(this.SP_DEPOSIT_AMOUNT,
JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.TRANSACTION_DATE, assetAccountFirstTransactionEntry);
this.journalEntryHelper.checkJournalEntryForLiabilityAccount(liabilityAccount, this.TRANSACTION_DATE,
liabililityAccountFirstTransactionEntry);
// Second Transaction-Withdrawal
this.savingsAccountHelper.withdrawalFromSavingsAccount(savingsID, WITHDRAWAL_AMOUNT, SavingsAccountHelper.TRANSACTION_DATE,
CommonConstants.RESPONSE_RESOURCE_ID);
balance -= SP_WITHDRAWAL_AMOUNT;
summary = this.savingsAccountHelper.getSavingsSummary(savingsID);
assertEquals("Verifying Balance after Withdrawal", balance, summary.get("accountBalance"));
System.out.println("-------------------Verifying Journal Entry after the Transaction Withdrawal----------------------");
final JournalEntry[] assetAccountSecondTransactionEntry = { new JournalEntry(this.SP_WITHDRAWAL_AMOUNT,
JournalEntry.TransactionType.CREDIT) };
final JournalEntry[] liabililityAccountSecondTransactionEntry = { new JournalEntry(this.SP_WITHDRAWAL_AMOUNT,
JournalEntry.TransactionType.DEBIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.TRANSACTION_DATE, assetAccountSecondTransactionEntry);
this.journalEntryHelper.checkJournalEntryForLiabilityAccount(liabilityAccount, this.TRANSACTION_DATE,
liabililityAccountSecondTransactionEntry);
// Third Transaction-Add Charges for Withdrawal Fee
final Integer withdrawalChargeId = ChargesHelper.createCharges(this.requestSpec, this.responseSpec,
ChargesHelper.getSavingsWithdrawalFeeJSON());
Assert.assertNotNull(withdrawalChargeId);
this.savingsAccountHelper.addChargesForSavings(savingsID, withdrawalChargeId);
ArrayList<HashMap> chargesPendingState = this.savingsAccountHelper.getSavingsCharges(savingsID);
Assert.assertEquals(1, chargesPendingState.size());
HashMap savingsChargeForPay = chargesPendingState.get(0);
HashMap paidCharge = this.savingsAccountHelper.getSavingsCharge(savingsID, (Integer) savingsChargeForPay.get("id"));
Float chargeAmount = (Float) paidCharge.get("amount");
// Withdrawal after adding Charge of type Withdrawal Fee
this.savingsAccountHelper.withdrawalFromSavingsAccount(savingsID, WITHDRAWAL_AMOUNT_ADJUSTED,
SavingsAccountHelper.TRANSACTION_DATE, CommonConstants.RESPONSE_RESOURCE_ID);
summary = this.savingsAccountHelper.getSavingsSummary(savingsID);
balance = balance - SP_WITHDRAWAL_AMOUNT_ADJUSTED - chargeAmount;
final JournalEntry[] liabililityAccountThirdTransactionEntry = {
new JournalEntry(chargeAmount, JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.SP_WITHDRAWAL_AMOUNT_ADJUSTED, JournalEntry.TransactionType.DEBIT) };
final JournalEntry[] assetAccountThirdTransactionEntry = { new JournalEntry(this.SP_WITHDRAWAL_AMOUNT_ADJUSTED,
JournalEntry.TransactionType.CREDIT) };
final JournalEntry[] incomeAccountThirdTransactionEntry = { new JournalEntry(chargeAmount, JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.TRANSACTION_DATE, assetAccountThirdTransactionEntry);
this.journalEntryHelper.checkJournalEntryForLiabilityAccount(liabilityAccount, this.TRANSACTION_DATE,
liabililityAccountThirdTransactionEntry);
this.journalEntryHelper.checkJournalEntryForIncomeAccount(incomeAccount, this.TRANSACTION_DATE, incomeAccountThirdTransactionEntry);
// Verifying Balance after applying Charge for Withdrawal Fee
assertEquals("Verifying Balance", balance, summary.get("accountBalance"));
}
@Test
public void testFixedDepositAccountingFlow() {
this.fixedDepositProductHelper = new FixedDepositProductHelper(this.requestSpec, this.responseSpec);
this.accountHelper = new AccountHelper(this.requestSpec, this.responseSpec);
this.savingsAccountHelper = new SavingsAccountHelper(this.requestSpec, this.responseSpec);
this.fixedDepositAccountHelper = new FixedDepositAccountHelper(this.requestSpec, this.responseSpec);
DateFormat dateFormat = new SimpleDateFormat("dd MMMM yyyy", Locale.US);
DateFormat currentDateFormat = new SimpleDateFormat("dd");
Calendar todaysDate = Calendar.getInstance();
todaysDate.add(Calendar.MONTH, -3);
final String VALID_FROM = dateFormat.format(todaysDate.getTime());
todaysDate.add(Calendar.YEAR, 10);
final String VALID_TO = dateFormat.format(todaysDate.getTime());
todaysDate = Calendar.getInstance();
todaysDate.add(Calendar.MONTH, -1);
final String SUBMITTED_ON_DATE = dateFormat.format(todaysDate.getTime());
final String APPROVED_ON_DATE = dateFormat.format(todaysDate.getTime());
final String ACTIVATION_DATE = dateFormat.format(todaysDate.getTime());
Integer currentDate = new Integer(currentDateFormat.format(todaysDate.getTime()));
Integer daysInMonth = todaysDate.getActualMaximum(Calendar.DATE);
Integer numberOfDaysLeft = (daysInMonth - currentDate) + 1;
todaysDate.add(Calendar.DATE, numberOfDaysLeft);
final String INTEREST_POSTED_DATE = dateFormat.format(todaysDate.getTime());
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account liabilityAccount = this.accountHelper.createLiabilityAccount();
Integer clientId = ClientHelper.createClient(this.requestSpec, this.responseSpec);
Assert.assertNotNull(clientId);
Integer fixedDepositProductId = createFixedDepositProduct(VALID_FROM, VALID_TO, assetAccount, incomeAccount, expenseAccount,
liabilityAccount);
Assert.assertNotNull(fixedDepositProductId);
Integer fixedDepositAccountId = applyForFixedDepositApplication(clientId.toString(), fixedDepositProductId.toString(), VALID_FROM,
VALID_TO, SUBMITTED_ON_DATE, FixedDepositTest.WHOLE_TERM);
Assert.assertNotNull(fixedDepositAccountId);
HashMap fixedDepositAccountStatusHashMap = FixedDepositAccountStatusChecker.getStatusOfFixedDepositAccount(this.requestSpec,
this.responseSpec, fixedDepositAccountId.toString());
FixedDepositAccountStatusChecker.verifyFixedDepositIsPending(fixedDepositAccountStatusHashMap);
fixedDepositAccountStatusHashMap = this.fixedDepositAccountHelper.approveFixedDeposit(fixedDepositAccountId, APPROVED_ON_DATE);
FixedDepositAccountStatusChecker.verifyFixedDepositIsApproved(fixedDepositAccountStatusHashMap);
fixedDepositAccountStatusHashMap = this.fixedDepositAccountHelper.activateFixedDeposit(fixedDepositAccountId, ACTIVATION_DATE);
FixedDepositAccountStatusChecker.verifyFixedDepositIsActive(fixedDepositAccountStatusHashMap);
HashMap accountSummary = this.fixedDepositAccountHelper.getFixedDepositSummary(fixedDepositAccountId);
Float depositAmount = (Float) accountSummary.get("totalDeposits");
// Checking initial Journal entries after Activation.
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(depositAmount, JournalEntry.TransactionType.DEBIT) };
final JournalEntry[] liablilityAccountInitialEntry = { new JournalEntry(depositAmount, JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, ACTIVATION_DATE, assetAccountInitialEntry);
this.journalEntryHelper.checkJournalEntryForLiabilityAccount(liabilityAccount, ACTIVATION_DATE, liablilityAccountInitialEntry);
Integer transactionIdForPostInterest = this.fixedDepositAccountHelper.postInterestForFixedDeposit(fixedDepositAccountId);
Assert.assertNotNull(transactionIdForPostInterest);
accountSummary = this.fixedDepositAccountHelper.getFixedDepositSummary(fixedDepositAccountId);
Float totalInterestPosted = (Float) accountSummary.get("totalInterestPosted");
// Checking initial Journal entries after Interest Posting.
final JournalEntry[] expenseAccountEntry = { new JournalEntry(totalInterestPosted, JournalEntry.TransactionType.DEBIT) };
final JournalEntry[] liablilityAccountEntry = { new JournalEntry(totalInterestPosted, JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(expenseAccount, INTEREST_POSTED_DATE, expenseAccountEntry);
this.journalEntryHelper.checkJournalEntryForLiabilityAccount(liabilityAccount, INTEREST_POSTED_DATE, liablilityAccountEntry);
}
@Test
public void testRecurringDepositAccountingFlow() {
this.recurringDepositProductHelper = new RecurringDepositProductHelper(this.requestSpec, this.responseSpec);
this.accountHelper = new AccountHelper(this.requestSpec, this.responseSpec);
this.recurringDepositAccountHelper = new RecurringDepositAccountHelper(this.requestSpec, this.responseSpec);
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account liabilityAccount = this.accountHelper.createLiabilityAccount();
DateFormat dateFormat = new SimpleDateFormat("dd MMMM yyyy", Locale.US);
DateFormat currentDateFormat = new SimpleDateFormat("dd");
Calendar todaysDate = Calendar.getInstance();
todaysDate.add(Calendar.MONTH, -3);
final String VALID_FROM = dateFormat.format(todaysDate.getTime());
todaysDate.add(Calendar.YEAR, 10);
final String VALID_TO = dateFormat.format(todaysDate.getTime());
todaysDate = Calendar.getInstance();
todaysDate.add(Calendar.MONTH, -1);
final String SUBMITTED_ON_DATE = dateFormat.format(todaysDate.getTime());
final String APPROVED_ON_DATE = dateFormat.format(todaysDate.getTime());
final String ACTIVATION_DATE = dateFormat.format(todaysDate.getTime());
final String EXPECTED_FIRST_DEPOSIT_ON_DATE = dateFormat.format(todaysDate.getTime());
Integer currentDate = new Integer(currentDateFormat.format(todaysDate.getTime()));
Integer daysInMonth = todaysDate.getActualMaximum(Calendar.DATE);
Integer numberOfDaysLeft = (daysInMonth - currentDate) + 1;
todaysDate.add(Calendar.DATE, numberOfDaysLeft);
final String INTEREST_POSTED_DATE = dateFormat.format(todaysDate.getTime());
Integer clientId = ClientHelper.createClient(this.requestSpec, this.responseSpec);
Assert.assertNotNull(clientId);
Integer recurringDepositProductId = createRecurringDepositProduct(VALID_FROM, VALID_TO, assetAccount, liabilityAccount,
incomeAccount, expenseAccount);
Assert.assertNotNull(recurringDepositProductId);
Integer recurringDepositAccountId = applyForRecurringDepositApplication(clientId.toString(), recurringDepositProductId.toString(),
VALID_FROM, VALID_TO, SUBMITTED_ON_DATE, RecurringDepositTest.WHOLE_TERM, EXPECTED_FIRST_DEPOSIT_ON_DATE);
Assert.assertNotNull(recurringDepositAccountId);
HashMap recurringDepositAccountStatusHashMap = RecurringDepositAccountStatusChecker.getStatusOfRecurringDepositAccount(
this.requestSpec, this.responseSpec, recurringDepositAccountId.toString());
RecurringDepositAccountStatusChecker.verifyRecurringDepositIsPending(recurringDepositAccountStatusHashMap);
recurringDepositAccountStatusHashMap = this.recurringDepositAccountHelper.approveRecurringDeposit(recurringDepositAccountId,
APPROVED_ON_DATE);
RecurringDepositAccountStatusChecker.verifyRecurringDepositIsApproved(recurringDepositAccountStatusHashMap);
recurringDepositAccountStatusHashMap = this.recurringDepositAccountHelper.activateRecurringDeposit(recurringDepositAccountId,
ACTIVATION_DATE);
RecurringDepositAccountStatusChecker.verifyRecurringDepositIsActive(recurringDepositAccountStatusHashMap);
HashMap recurringDepositAccountData = this.recurringDepositAccountHelper.getRecurringDepositAccountById(this.requestSpec,
this.responseSpec, recurringDepositAccountId);
Float depositAmount = (Float) recurringDepositAccountData.get("mandatoryRecommendedDepositAmount");
Integer depositTransactionId = this.recurringDepositAccountHelper.depositToRecurringDepositAccount(recurringDepositAccountId,
depositAmount, EXPECTED_FIRST_DEPOSIT_ON_DATE);
Assert.assertNotNull(depositTransactionId);
// Checking initial Journal entries after Activation.
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(depositAmount, JournalEntry.TransactionType.DEBIT) };
final JournalEntry[] liablilityAccountInitialEntry = { new JournalEntry(depositAmount, JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, EXPECTED_FIRST_DEPOSIT_ON_DATE, assetAccountInitialEntry);
this.journalEntryHelper.checkJournalEntryForLiabilityAccount(liabilityAccount, EXPECTED_FIRST_DEPOSIT_ON_DATE,
liablilityAccountInitialEntry);
Integer interestPostingTransactionId = this.recurringDepositAccountHelper
.postInterestForRecurringDeposit(recurringDepositAccountId);
Assert.assertNotNull(interestPostingTransactionId);
HashMap accountSummary = this.recurringDepositAccountHelper.getRecurringDepositSummary(recurringDepositAccountId);
Float totalInterestPosted = (Float) accountSummary.get("totalInterestPosted");
// Checking initial Journal entries after Interest Posting.
final JournalEntry[] expenseAccountEntry = { new JournalEntry(totalInterestPosted, JournalEntry.TransactionType.DEBIT) };
final JournalEntry[] liablilityAccountEntry = { new JournalEntry(totalInterestPosted, JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(expenseAccount, INTEREST_POSTED_DATE, expenseAccountEntry);
this.journalEntryHelper.checkJournalEntryForLiabilityAccount(liabilityAccount, INTEREST_POSTED_DATE, liablilityAccountEntry);
}
public static Integer createSavingsProduct(final String minOpenningBalance, final Account... accounts) {
System.out.println("------------------------------CREATING NEW SAVINGS PRODUCT ---------------------------------------");
final String savingsProductJSON = new SavingsProductHelper().withInterestCompoundingPeriodTypeAsDaily() //
.withInterestPostingPeriodTypeAsQuarterly() //
.withInterestCalculationPeriodTypeAsDailyBalance() //
.withMinimumOpenningBalance(minOpenningBalance).withAccountingRuleAsCashBased(accounts).build();
return SavingsProductHelper.createSavingsProduct(savingsProductJSON, requestSpec, responseSpec);
}
private Integer createFixedDepositProduct(final String validFrom, final String validTo, Account... accounts) {
System.out.println("------------------------------CREATING NEW FIXED DEPOSIT PRODUCT ---------------------------------------");
FixedDepositProductHelper fixedDepositProductHelper = new FixedDepositProductHelper(this.requestSpec, this.responseSpec);
final String fixedDepositProductJSON = fixedDepositProductHelper //
.withAccountingRuleAsCashBased(accounts).build(validFrom, validTo);
return FixedDepositProductHelper.createFixedDepositProduct(fixedDepositProductJSON, requestSpec, responseSpec);
}
private Integer applyForFixedDepositApplication(final String clientID, final String productID, final String validFrom,
final String validTo, final String submittedOnDate, final String penalInterestType) {
System.out.println("--------------------------------APPLYING FOR FIXED DEPOSIT ACCOUNT --------------------------------");
final String fixedDepositApplicationJSON = new FixedDepositAccountHelper(this.requestSpec, this.responseSpec) //
.withSubmittedOnDate(submittedOnDate).build(clientID, productID, validFrom, validTo, penalInterestType);
return this.fixedDepositAccountHelper
.applyFixedDepositApplication(fixedDepositApplicationJSON, this.requestSpec, this.responseSpec);
}
private Integer createRecurringDepositProduct(final String validFrom, final String validTo, Account... accounts) {
System.out.println("------------------------------CREATING NEW RECURRING DEPOSIT PRODUCT ---------------------------------------");
RecurringDepositProductHelper recurringDepositProductHelper = new RecurringDepositProductHelper(this.requestSpec, this.responseSpec);
final String recurringDepositProductJSON = recurringDepositProductHelper //
.withAccountingRuleAsCashBased(accounts).build(validFrom, validTo);
return RecurringDepositProductHelper.createRecurringDepositProduct(recurringDepositProductJSON, requestSpec, responseSpec);
}
private Integer applyForRecurringDepositApplication(final String clientID, final String productID, final String validFrom,
final String validTo, final String submittedOnDate, final String penalInterestType, final String expectedFirstDepositOnDate) {
System.out.println("--------------------------------APPLYING FOR RECURRING DEPOSIT ACCOUNT --------------------------------");
final String recurringDepositApplicationJSON = new RecurringDepositAccountHelper(this.requestSpec, this.responseSpec)
//
.withSubmittedOnDate(submittedOnDate).withExpectedFirstDepositOnDate(expectedFirstDepositOnDate)
.build(clientID, productID, validFrom, validTo, penalInterestType);
return this.recurringDepositAccountHelper.applyRecurringDepositApplication(recurringDepositApplicationJSON, this.requestSpec,
this.responseSpec);
}
@Test
public void checkPeriodicAccrualAccountingFlow() {
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account overpaymentAccount = this.accountHelper.createLiabilityAccount();
final Integer loanProductID = createLoanProductWithPeriodicAccrualAccountingEnabled(assetAccount, incomeAccount, expenseAccount,
overpaymentAccount);
final Integer clientID = ClientHelper.createClient(this.requestSpec, this.responseSpec, this.DATE_OF_JOINING);
final Integer loanID = applyForLoanApplication(clientID, loanProductID);
HashMap loanStatusHashMap = LoanStatusChecker.getStatusOfLoan(this.requestSpec, this.responseSpec, loanID);
LoanStatusChecker.verifyLoanIsPending(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.approveLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsApproved(loanStatusHashMap);
LoanStatusChecker.verifyLoanIsWaitingForDisbursal(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.disburseLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsActive(loanStatusHashMap);
// CHECK ACCOUNT ENTRIES
System.out.println("Entries ......");
final float PRINCIPAL_VALUE_FOR_EACH_PERIOD = 2000.0f;
final float TOTAL_INTEREST = 1000.0f;
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.CREDIT),
new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.DEBIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.EXPECTED_DISBURSAL_DATE, assetAccountInitialEntry);
final String jobName = "Add Accrual Transactions";
try {
this.schedulerJobHelper.excuteJob(jobName);
} catch (InterruptedException e) {
e.printStackTrace();
}
// MAKE 1
System.out.println("Repayment 1 ......");
final float FIRST_INTEREST = 200.0f;
final float FIRST_PRINCIPAL = 2000.0f;
final float FEE_PORTION = 0.0f;
final float PENALTY_PORTION = 0.0f;
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(this.REPAYMENT_DATE[1]), FIRST_INTEREST,
FEE_PORTION, PENALTY_PORTION, loanID);
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[1], this.REPAYMENT_AMOUNT[1], loanID);
float expected_value = this.LP_PRINCIPAL - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(1, expected_value, loanID);
final JournalEntry[] assetAccountFirstEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[1], JournalEntry.TransactionType.DEBIT),
new JournalEntry(FIRST_INTEREST, JournalEntry.TransactionType.CREDIT),
new JournalEntry(FIRST_PRINCIPAL, JournalEntry.TransactionType.CREDIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[1], assetAccountFirstEntry);
System.out.println("Repayment 1 Done......");
// REPAYMENT 2
System.out.println("Repayment 2 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[2], this.REPAYMENT_AMOUNT[2], loanID);
final float SECOND_AND_THIRD_INTEREST = 400.0f;
final float SECOND_PRINCIPAL = this.REPAYMENT_AMOUNT[2] - SECOND_AND_THIRD_INTEREST;
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(this.REPAYMENT_DATE[2]), FIRST_INTEREST,
FEE_PORTION, PENALTY_PORTION, loanID);
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(this.REPAYMENT_DATE[3]), FIRST_INTEREST,
FEE_PORTION, PENALTY_PORTION, loanID);
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(2, expected_value, loanID);
final JournalEntry[] assetAccountSecondEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[2], JournalEntry.TransactionType.DEBIT),
new JournalEntry(SECOND_AND_THIRD_INTEREST, JournalEntry.TransactionType.CREDIT),
new JournalEntry(SECOND_PRINCIPAL, JournalEntry.TransactionType.CREDIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[2], assetAccountSecondEntry);
System.out.println("Repayment 2 Done ......");
// WAIVE INTEREST
System.out.println("Waive Interest ......");
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(this.REPAYMENT_DATE[4]), FIRST_INTEREST,
FEE_PORTION, PENALTY_PORTION, loanID);
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(this.REPAYMENT_DATE[5]), FIRST_INTEREST,
FEE_PORTION, PENALTY_PORTION, loanID);
this.loanTransactionHelper.waiveInterest(this.REPAYMENT_DATE[4], this.AMOUNT_TO_BE_WAIVE.toString(), loanID);
final JournalEntry waivedEntry = new JournalEntry(this.AMOUNT_TO_BE_WAIVE, JournalEntry.TransactionType.CREDIT);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[4], waivedEntry);
final JournalEntry expenseJournalEntry = new JournalEntry(this.AMOUNT_TO_BE_WAIVE, JournalEntry.TransactionType.DEBIT);
this.journalEntryHelper.checkJournalEntryForExpenseAccount(expenseAccount, this.REPAYMENT_DATE[4], expenseJournalEntry);
System.out.println("Waive Interest Done......");
// REPAYMENT 3
System.out.println("Repayment 3 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[3], this.REPAYMENT_AMOUNT[3], loanID);
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
final JournalEntry[] assetAccountThirdEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[3], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[3], JournalEntry.TransactionType.CREDIT) };
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(3, expected_value, loanID);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[3], assetAccountThirdEntry);
System.out.println("Repayment 3 Done ......");
// REPAYMENT 4
System.out.println("Repayment 4 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[4], this.REPAYMENT_AMOUNT[4], loanID);
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(4, expected_value, loanID);
final JournalEntry[] assetAccountFourthEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[4], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[4], JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[4], assetAccountFourthEntry);
System.out.println("Repayment 4 Done ......");
// Repayment 5
System.out.println("Repayment 5 ......");
final JournalEntry[] assetAccountFifthEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[5], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[5], JournalEntry.TransactionType.CREDIT) };
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[5], this.REPAYMENT_AMOUNT[5], loanID);
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(5, expected_value, loanID);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[5], assetAccountFifthEntry);
System.out.println("Repayment 5 Done ......");
}
@Test
public void checkPeriodicAccrualAccountingTillCurrentDateFlow() {
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account overpaymentAccount = this.accountHelper.createLiabilityAccount();
final Integer loanProductID = createLoanProductWithPeriodicAccrualAccountingEnabled(assetAccount, incomeAccount, expenseAccount,
overpaymentAccount);
final Integer clientID = ClientHelper.createClient(this.requestSpec, this.responseSpec, this.DATE_OF_JOINING);
final Integer loanID = applyForLoanApplication(clientID, loanProductID);
final float FEE_PORTION = 50.0f;
final float PENALTY_PORTION = 100.0f;
Integer flat = ChargesHelper.createCharges(requestSpec, responseSpec,
ChargesHelper.getLoanSpecifiedDueDateJSON(ChargesHelper.CHARGE_CALCULATION_TYPE_FLAT, String.valueOf(FEE_PORTION), false));
Integer flatSpecifiedDueDate = ChargesHelper.createCharges(requestSpec, responseSpec, ChargesHelper.getLoanSpecifiedDueDateJSON(
ChargesHelper.CHARGE_CALCULATION_TYPE_FLAT, String.valueOf(PENALTY_PORTION), true));
HashMap loanStatusHashMap = LoanStatusChecker.getStatusOfLoan(this.requestSpec, this.responseSpec, loanID);
LoanStatusChecker.verifyLoanIsPending(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.approveLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsApproved(loanStatusHashMap);
LoanStatusChecker.verifyLoanIsWaitingForDisbursal(loanStatusHashMap);
DateFormat dateFormat = new SimpleDateFormat("dd MMMM yyyy", Locale.US);
Calendar todayDate = Calendar.getInstance();
final String currentDate = dateFormat.format(todayDate.getTime());
todayDate.add(Calendar.DATE, -4);
final String LOAN_DISBURSEMENT_DATE = dateFormat.format(todayDate.getTime());
todayDate.add(Calendar.MONTH, 2);
final String FIRST_REPAYMENT_DATE = dateFormat.format(todayDate.getTime());
todayDate = Calendar.getInstance();
todayDate.add(Calendar.DATE, -2);
loanStatusHashMap = this.loanTransactionHelper.disburseLoan(LOAN_DISBURSEMENT_DATE, loanID);
LoanStatusChecker.verifyLoanIsActive(loanStatusHashMap);
this.loanTransactionHelper.addChargesForLoan(
loanID,
LoanTransactionHelper.getSpecifiedDueDateChargesForLoanAsJSON(String.valueOf(flatSpecifiedDueDate),
dateFormat.format(todayDate.getTime()), String.valueOf(PENALTY_PORTION)));
todayDate.add(Calendar.DATE, 1);
this.loanTransactionHelper.addChargesForLoan(loanID, LoanTransactionHelper.getSpecifiedDueDateChargesForLoanAsJSON(
String.valueOf(flat), dateFormat.format(todayDate.getTime()), String.valueOf(FEE_PORTION)));
// CHECK ACCOUNT ENTRIES
System.out.println("Entries ......");
final float PRINCIPAL_VALUE_FOR_EACH_PERIOD = 2000.0f;
final float TOTAL_INTEREST = 1000.0f;
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.CREDIT),
new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.DEBIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, LOAN_DISBURSEMENT_DATE, assetAccountInitialEntry);
final String jobName = "Add Periodic Accrual Transactions";
try {
this.schedulerJobHelper.excuteJob(jobName);
} catch (InterruptedException e) {
e.printStackTrace();
}
final ArrayList<HashMap> loanSchedule = this.loanTransactionHelper.getLoanRepaymentSchedule(this.requestSpec, this.responseSpec,
loanID);
// MAKE 1
List fromDateList = (List) loanSchedule.get(1).get("fromDate");
LocalDate fromDateLocal = LocalDate.now();
fromDateLocal = fromDateLocal.withYear((int) fromDateList.get(0));
fromDateLocal = fromDateLocal.withMonthOfYear((int) fromDateList.get(1));
fromDateLocal = fromDateLocal.withDayOfMonth((int) fromDateList.get(2));
List dueDateList = (List) loanSchedule.get(1).get("dueDate");
LocalDate dueDateLocal = LocalDate.now();
dueDateLocal = dueDateLocal.withYear((int) dueDateList.get(0));
dueDateLocal = dueDateLocal.withMonthOfYear((int) dueDateList.get(1));
dueDateLocal = dueDateLocal.withDayOfMonth((int) dueDateList.get(2));
int totalDaysInPeriod = Days.daysBetween(fromDateLocal, dueDateLocal).getDays();
float totalInterest = (float) loanSchedule.get(1).get("interestOriginalDue");
DecimalFormat numberFormat = new DecimalFormat("#.00", new DecimalFormatSymbols(Locale.US));
float INTEREST_4_DAYS = totalInterest / totalDaysInPeriod * 4;
INTEREST_4_DAYS = new Float(numberFormat.format(INTEREST_4_DAYS));
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(currentDate), INTEREST_4_DAYS, FEE_PORTION,
PENALTY_PORTION, loanID);
}
@Test
public void checkPeriodicAccrualAccountingAPIFlow() {
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account overpaymentAccount = this.accountHelper.createLiabilityAccount();
final Integer loanProductID = createLoanProductWithPeriodicAccrualAccountingEnabled(assetAccount, incomeAccount, expenseAccount,
overpaymentAccount);
final Integer clientID = ClientHelper.createClient(this.requestSpec, this.responseSpec, this.DATE_OF_JOINING);
final Integer loanID = applyForLoanApplication(clientID, loanProductID);
final float FEE_PORTION = 50.0f;
final float PENALTY_PORTION = 100.0f;
final float NEXT_FEE_PORTION = 55.0f;
final float NEXT_PENALTY_PORTION = 105.0f;
Integer flat = ChargesHelper.createCharges(requestSpec, responseSpec,
ChargesHelper.getLoanSpecifiedDueDateJSON(ChargesHelper.CHARGE_CALCULATION_TYPE_FLAT, String.valueOf(FEE_PORTION), false));
Integer flatSpecifiedDueDate = ChargesHelper.createCharges(requestSpec, responseSpec, ChargesHelper.getLoanSpecifiedDueDateJSON(
ChargesHelper.CHARGE_CALCULATION_TYPE_FLAT, String.valueOf(PENALTY_PORTION), true));
Integer flatNext = ChargesHelper.createCharges(requestSpec, responseSpec, ChargesHelper.getLoanSpecifiedDueDateJSON(
ChargesHelper.CHARGE_CALCULATION_TYPE_FLAT, String.valueOf(NEXT_FEE_PORTION), false));
Integer flatSpecifiedDueDateNext = ChargesHelper.createCharges(requestSpec, responseSpec, ChargesHelper
.getLoanSpecifiedDueDateJSON(ChargesHelper.CHARGE_CALCULATION_TYPE_FLAT, String.valueOf(NEXT_PENALTY_PORTION), true));
HashMap loanStatusHashMap = LoanStatusChecker.getStatusOfLoan(this.requestSpec, this.responseSpec, loanID);
LoanStatusChecker.verifyLoanIsPending(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.approveLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsApproved(loanStatusHashMap);
LoanStatusChecker.verifyLoanIsWaitingForDisbursal(loanStatusHashMap);
DateFormat dateFormat = new SimpleDateFormat("dd MMMM yyyy", Locale.US);
Calendar todayDate = Calendar.getInstance();
final String currentDate = dateFormat.format(todayDate.getTime());
todayDate.add(Calendar.DATE, -4);
final String LOAN_DISBURSEMENT_DATE = dateFormat.format(todayDate.getTime());
todayDate.add(Calendar.MONTH, 2);
final String FIRST_REPAYMENT_DATE = dateFormat.format(todayDate.getTime());
todayDate = Calendar.getInstance();
todayDate.add(Calendar.DATE, -2);
loanStatusHashMap = this.loanTransactionHelper.disburseLoan(LOAN_DISBURSEMENT_DATE, loanID);
LoanStatusChecker.verifyLoanIsActive(loanStatusHashMap);
this.loanTransactionHelper.addChargesForLoan(
loanID,
LoanTransactionHelper.getSpecifiedDueDateChargesForLoanAsJSON(String.valueOf(flatSpecifiedDueDate),
dateFormat.format(todayDate.getTime()), String.valueOf(PENALTY_PORTION)));
todayDate.add(Calendar.DATE, 1);
String runOndate = dateFormat.format(todayDate.getTime());
this.loanTransactionHelper
.addChargesForLoan(
loanID,
LoanTransactionHelper.getSpecifiedDueDateChargesForLoanAsJSON(String.valueOf(flat), runOndate,
String.valueOf(FEE_PORTION)));
todayDate.add(Calendar.DATE, 1);
this.loanTransactionHelper.addChargesForLoan(
loanID,
LoanTransactionHelper.getSpecifiedDueDateChargesForLoanAsJSON(String.valueOf(flatSpecifiedDueDateNext),
dateFormat.format(todayDate.getTime()), String.valueOf(NEXT_PENALTY_PORTION)));
this.loanTransactionHelper.addChargesForLoan(
loanID,
LoanTransactionHelper.getSpecifiedDueDateChargesForLoanAsJSON(String.valueOf(flatNext),
dateFormat.format(todayDate.getTime()), String.valueOf(NEXT_FEE_PORTION)));
// CHECK ACCOUNT ENTRIES
System.out.println("Entries ......");
final float PRINCIPAL_VALUE_FOR_EACH_PERIOD = 2000.0f;
final float TOTAL_INTEREST = 1000.0f;
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.CREDIT),
new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.DEBIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, LOAN_DISBURSEMENT_DATE, assetAccountInitialEntry);
this.periodicAccrualAccountingHelper.runPeriodicAccrualAccounting(runOndate);
final ArrayList<HashMap> loanSchedule = this.loanTransactionHelper.getLoanRepaymentSchedule(this.requestSpec, this.responseSpec,
loanID);
// MAKE 1
List fromDateList = (List) loanSchedule.get(1).get("fromDate");
LocalDate fromDateLocal = LocalDate.now();
fromDateLocal = fromDateLocal.withYear((int) fromDateList.get(0));
fromDateLocal = fromDateLocal.withMonthOfYear((int) fromDateList.get(1));
fromDateLocal = fromDateLocal.withDayOfMonth((int) fromDateList.get(2));
List dueDateList = (List) loanSchedule.get(1).get("dueDate");
LocalDate dueDateLocal = LocalDate.now();
dueDateLocal = dueDateLocal.withYear((int) dueDateList.get(0));
dueDateLocal = dueDateLocal.withMonthOfYear((int) dueDateList.get(1));
dueDateLocal = dueDateLocal.withDayOfMonth((int) dueDateList.get(2));
int totalDaysInPeriod = Days.daysBetween(fromDateLocal, dueDateLocal).getDays();
float totalInterest = (float) loanSchedule.get(1).get("interestOriginalDue");
DecimalFormat numberFormat = new DecimalFormat("#.00", new DecimalFormatSymbols(Locale.US));
float INTEREST_3_DAYS = totalInterest / totalDaysInPeriod * 3;
INTEREST_3_DAYS = new Float(numberFormat.format(INTEREST_3_DAYS));
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(runOndate), INTEREST_3_DAYS, FEE_PORTION,
PENALTY_PORTION, loanID);
runOndate = dateFormat.format(todayDate.getTime());
this.periodicAccrualAccountingHelper.runPeriodicAccrualAccounting(runOndate);
float interestPerDay = (totalInterest / totalDaysInPeriod *4) - INTEREST_3_DAYS ;
interestPerDay = new Float(numberFormat.format(interestPerDay));
this.loanTransactionHelper.checkAccrualTransactionForRepayment(getDateAsLocalDate(runOndate), interestPerDay, NEXT_FEE_PORTION,
NEXT_PENALTY_PORTION, loanID);
}
private Integer createLoanProductWithPeriodicAccrualAccountingEnabled(final Account... accounts) {
System.out.println("------------------------------CREATING NEW LOAN PRODUCT ---------------------------------------");
final String loanProductJSON = new LoanProductTestBuilder().withPrincipal(this.LP_PRINCIPAL.toString()).withRepaymentTypeAsMonth()
.withRepaymentAfterEvery(this.LP_REPAYMENT_PERIOD).withNumberOfRepayments(this.LP_REPAYMENTS).withRepaymentTypeAsMonth()
.withinterestRatePerPeriod(this.LP_INTEREST_RATE).withInterestRateFrequencyTypeAsMonths()
.withAmortizationTypeAsEqualPrincipalPayment().withInterestTypeAsFlat().withAccountingRulePeriodicAccrual(accounts)
.withDaysInMonth("30").withDaysInYear("365").build(null);
return this.loanTransactionHelper.getLoanProductId(loanProductJSON);
}
@Test
public void checkCashBasedAccountingFlow() {
final Account assetAccount = this.accountHelper.createAssetAccount();
final Account incomeAccount = this.accountHelper.createIncomeAccount();
final Account expenseAccount = this.accountHelper.createExpenseAccount();
final Account overpaymentAccount = this.accountHelper.createLiabilityAccount();
final Integer loanProductID = createLoanProductWithCashBasedAccountingEnabled(assetAccount, incomeAccount, expenseAccount,
overpaymentAccount);
final Integer clientID = ClientHelper.createClient(this.requestSpec, this.responseSpec, this.DATE_OF_JOINING);
final Integer loanID = applyForLoanApplication(clientID, loanProductID);
HashMap loanStatusHashMap = LoanStatusChecker.getStatusOfLoan(this.requestSpec, this.responseSpec, loanID);
LoanStatusChecker.verifyLoanIsPending(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.approveLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsApproved(loanStatusHashMap);
LoanStatusChecker.verifyLoanIsWaitingForDisbursal(loanStatusHashMap);
loanStatusHashMap = this.loanTransactionHelper.disburseLoan(this.EXPECTED_DISBURSAL_DATE, loanID);
LoanStatusChecker.verifyLoanIsActive(loanStatusHashMap);
// CHECK ACCOUNT ENTRIES
System.out.println("Entries ......");
final float PRINCIPAL_VALUE_FOR_EACH_PERIOD = 2000.0f;
final float TOTAL_INTEREST = 1000.0f;
final JournalEntry[] assetAccountInitialEntry = { new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.CREDIT),
new JournalEntry(this.LP_PRINCIPAL, JournalEntry.TransactionType.DEBIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.EXPECTED_DISBURSAL_DATE, assetAccountInitialEntry);
// MAKE 1
System.out.println("Repayment 1 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[1], this.REPAYMENT_AMOUNT[1], loanID);
final float FIRST_INTEREST = 200.0f;
final float FIRST_PRINCIPAL = 2000.0f;
float expected_value = this.LP_PRINCIPAL - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(1, expected_value, loanID);
final JournalEntry[] assetAccountFirstEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[1], JournalEntry.TransactionType.DEBIT),
new JournalEntry(FIRST_PRINCIPAL, JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[1], assetAccountFirstEntry);
System.out.println("CHECKING INCOME: ******************************************");
this.journalEntryHelper.checkJournalEntryForIncomeAccount(incomeAccount, this.REPAYMENT_DATE[1], new JournalEntry(FIRST_INTEREST,
JournalEntry.TransactionType.CREDIT));
System.out.println("Repayment 1 Done......");
// REPAYMENT 2
System.out.println("Repayment 2 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[2], this.REPAYMENT_AMOUNT[2], loanID);
final float SECOND_AND_THIRD_INTEREST = 400.0f;
final float SECOND_PRINCIPAL = this.REPAYMENT_AMOUNT[2] - SECOND_AND_THIRD_INTEREST;
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(2, expected_value, loanID);
final JournalEntry[] assetAccountSecondEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[2], JournalEntry.TransactionType.DEBIT),
new JournalEntry(SECOND_PRINCIPAL, JournalEntry.TransactionType.CREDIT), };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[2], assetAccountSecondEntry);
System.out.println("CHECKING INCOME: ******************************************");
this.journalEntryHelper.checkJournalEntryForIncomeAccount(incomeAccount, this.REPAYMENT_DATE[2], new JournalEntry(
SECOND_AND_THIRD_INTEREST, JournalEntry.TransactionType.CREDIT));
System.out.println("Repayment 2 Done ......");
// WAIVE INTEREST
System.out.println("Waive Interest ......");
Integer transactionId = this.loanTransactionHelper.waiveInterestAndReturnTransactionId(this.REPAYMENT_DATE[4],
this.AMOUNT_TO_BE_WAIVE.toString(), loanID);
// waive of fees and interest are not considered in cash based
// accounting,
this.journalEntryHelper.ensureNoAccountingTransactionsWithTransactionId("L" + transactionId);
// REPAYMENT 3
System.out.println("Repayment 3 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[3], this.REPAYMENT_AMOUNT[3], loanID);
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
final JournalEntry[] assetAccountThirdEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[3], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[3], JournalEntry.TransactionType.CREDIT) };
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(3, expected_value, loanID);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[3], assetAccountThirdEntry);
System.out.println("Repayment 3 Done ......");
// REPAYMENT 4
System.out.println("Repayment 4 ......");
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[4], this.REPAYMENT_AMOUNT[4], loanID);
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(4, expected_value, loanID);
final JournalEntry[] assetAccountFourthEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[4], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[4], JournalEntry.TransactionType.CREDIT) };
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[4], assetAccountFourthEntry);
System.out.println("Repayment 4 Done ......");
// Repayment 5
System.out.println("Repayment 5 ......");
final JournalEntry[] assetAccountFifthEntry = { new JournalEntry(this.REPAYMENT_AMOUNT[5], JournalEntry.TransactionType.DEBIT),
new JournalEntry(this.REPAYMENT_AMOUNT[5], JournalEntry.TransactionType.CREDIT) };
expected_value = expected_value - PRINCIPAL_VALUE_FOR_EACH_PERIOD;
this.loanTransactionHelper.makeRepayment(this.REPAYMENT_DATE[5], this.REPAYMENT_AMOUNT[5], loanID);
this.loanTransactionHelper.verifyRepaymentScheduleEntryFor(5, expected_value, loanID);
this.journalEntryHelper.checkJournalEntryForAssetAccount(assetAccount, this.REPAYMENT_DATE[5], assetAccountFifthEntry);
System.out.println("Repayment 5 Done ......");
}
private Integer createLoanProductWithCashBasedAccountingEnabled(final Account... accounts) {
System.out.println("------------------------------CREATING NEW LOAN PRODUCT ---------------------------------------");
final String loanProductJSON = new LoanProductTestBuilder().withPrincipal(this.LP_PRINCIPAL.toString()).withRepaymentTypeAsMonth()
.withRepaymentAfterEvery(this.LP_REPAYMENT_PERIOD).withNumberOfRepayments(this.LP_REPAYMENTS).withRepaymentTypeAsMonth()
.withinterestRatePerPeriod(this.LP_INTEREST_RATE).withInterestRateFrequencyTypeAsMonths()
.withAmortizationTypeAsEqualPrincipalPayment().withInterestTypeAsFlat().withAccountingRuleAsCashBased(accounts).build(null);
return this.loanTransactionHelper.getLoanProductId(loanProductJSON);
}
private LocalDate getDateAsLocalDate(String dateAsString) {
LocalDate date = null;
try {
DateFormat df = new SimpleDateFormat("dd MMMM yyyy", Locale.US);
date = new LocalDate(df.parse(dateAsString));
} catch (ParseException e) {
e.printStackTrace();
}
return date;
}
}