As an Administrator, I want to include selected fees due in penalty calculation method, so that i can configure penalty on zero interest loan product.
An option to define penalty calculation using (Overdue Principal + Overdue Fees) * Penalty Rate * Number of Days. Additionally, it should be configurable which fees are to be considered for penalty calculation.
For a product offering with Zero Interest, some financial organizations would like to apply penalty on fees due. As there could be multiple fees and only some of the fees are applicable for the penalty calculation, the option to select/deselect which fees should be considered for penalty calculation is also required.