[ https://issues.apache.org/jira/browse/FINERACT-1185?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
Aleksandar Vidakovic updated FINERACT-1185: ------------------------------------------- Fix Version/s: 1.9.0 (was: 1.8.0) > Interest Posting on Anniversary Dates > ------------------------------------- > > Key: FINERACT-1185 > URL: https://issues.apache.org/jira/browse/FINERACT-1185 > Project: Apache Fineract > Issue Type: New Feature > Affects Versions: 1.8.0 > Reporter: Airsay > Priority: Critical > Fix For: 1.9.0 > > > "Anniversary" Interest posting period. Some clients don't necessarily post > interest on the last day of the week, or month or quarter. What they do is > post interest on the "anniversary" date. So for a fixed deposit or recurring > deposit account opened on the 1st of the month, interest is posted on the > first of the month for monthly interests. Those opened say on the 29th are > posted on the 29th (or the last day of the month if that month doesn't have > 29 days like February). A similar thing is done for quarterly or bi-annual > postings. -- This message was sent by Atlassian Jira (v8.20.10#820010)