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Release 1.19: Fixing an issue with the Installment Recurring Payment Calculation

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  • Release 1.19: Fixing an issue with the Installment Recurring Payment Calculation

    Release date: March 18, 2013
    Version #: 1.19

    Feature Change:
    • To stay consistent with the payment forms the recurring transactions are rounded down after 2 significant digits instead of rounding up. This is a minor issue but since other forms were rounding down we decided to make it consistent with the Salesforce API Class. The following example illustrates the change:
      • Payment: $1000
      • Periodicity: Monthly
      • Interval: 6
        • In the above example each payment will be $166.66666666 - in the payment forms each payment will be set to $166.66 whereas in the prior version of the API Class Library it was $166.67. While a penny does not make much of a difference either way, the consistency ensures the payee does not pay more than needed.
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