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http://mifosforge.jira.com/browse/MIFOS-1542?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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jbrewster updated MIFOS-1542:
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Status: Verified (was: Resolved)
> Savings acct. min. bal. required for int. calculation in product definition
> not working
> ---------------------------------------------------------------------------------------
>
> Key: MIFOS-1542
> URL: http://mifosforge.jira.com/browse/MIFOS-1542
> Project: mifos
> Issue Type: Bug
> Components: Savings Account
> Affects Versions: Release 1.0
> Environment: Platform: All, OS: All
> Reporter: joetuv
> Assignee: Udai Gupta
> Priority: Major
> Fix For: Gazelle C
>
>
> Hi All,
> This is regarding the Savings account "Min balance required for Interest
> calculation" option.
> Issue:
> Interest is being calculated & posted by system even if the balance is below
> minimum balance required.
> Repo:
> 1. Define a new savings product.
> Example:
> Interest rate: 3.0 %
> Balance used for Interest calculation: Average Balance
> Time period for Interest calculation : 365 Day(s)
> Frequency of Interest posting to accounts : 1 month(s)
> Min balance required for Interest calculation: 500.00
> 2. Open A new savings acctount
> 3. deposit funds in savings ( must be under 500.00)
> 4. Check it out at the end of the month - system posted interest even though
> it
> is below minimum balance.
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