Hi Soham,
 
Sorry for the delay getting back to you. Aliya has been out of the
country and we've been focusing on v1.1 features.  Either Aliya or
myself will respond early next week.
 
Have a great weekend,
 
Emily.


  _____  

From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] On Behalf Of
Soham Dhakal
Sent: Thursday, December 06, 2007 10:00 PM
To: 'Mifos functional discussions'; 'Developer'
Subject: [Mifos-developer] Savings Functionality - Addition of a Feature
-Need Input


Hi All,
Background - Swabalamban Bikas Bank is planning on deploying Mifos.
There is one other functionality they would like to have. I need input
from others as to how this functionality should be applied.
 
Functionality - Saving Product Interest Capitalization
SBB capitalize their interest (post) on a specific date which conincides
with their bi-annual closing based on the Nepali calendar. This date can
fall on different Gregorian Calendar Dates. For e.g. This fiscal Nepali
year they are on Jan 17th 2007 and Jul 16th 2008.  They need
functionality to calculate the interest till this date and then post it
to the accounts. The interest is actually calculated monthly (based on
the Nepali month) on the min balance ( since mifos does not support
nepali calendar they are planning to use 28 day for interest calculation
on the min amount).
 
 
 
So for the Posting functionality here are some options
 
1. A batch job is used to update the "NEXT_INT_POST_DATE" to the correct
date. (However i still have to dig into how exactly this functionality
works for dates that are not end of the month) .. see spec
<http://www.mifos.org/knowledge/functional-specs/product-definition#savi
ngs>
http://www.mifos.org/knowledge/functional-specs/product-definition#savin
gs
 
2. A button (action) is added on the admin tab to "post interest ". So
when a user clicks on it, the interest is posted.
 
3. A Date field is added to the saving product definition where user
will be able to enter the date for the next posting.. (however this may
change from one fiscal year to next or every six months), so if the user
updates this date once interest isposted, this change should be
reflected on all exisiting instances of the product.
 
 
Please give your feedback and suggestions or if you can think of other
options.
 
Thanks
Soham
 
 
 
 
 <mailto:[EMAIL PROTECTED]> Soham Dhakal

 

Magnus Consulting Group Pvt. Ltd

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3/469 Pulchowk| GPO Box 19446 | Lalitpur | Nepal

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