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https://issues.apache.org/jira/browse/FINERACT-678?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Robert Jakech updated FINERACT-678:
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Labels: Roadmap2022 (was: )
> FD - Cumulative Interest Calculation
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>
> Key: FINERACT-678
> URL: https://issues.apache.org/jira/browse/FINERACT-678
> Project: Apache Fineract
> Issue Type: Improvement
> Components: Savings
> Reporter: Girish Kumar P A
> Priority: Major
> Labels: Roadmap2022
>
> As per the Banks, They won't calculate the Fixed Deposit Interest on a Daily
> or Daily Average balance (Went to the bank for clarification) all the banks
> either do a simple interest calculation or on a Monthly, Quarterly,
> Halfyearly and Annually (cumulative) basis.
> I think Mifos needs to deploy this addition to the current version.
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