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http://mifosforge.jira.com/browse/MIFOS-2514?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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keithwoodlock resolved MIFOS-2514.
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Resolution: Fixed
Assignee: mifosqa (was: keithwoodlock)
fixed in 1.7.x.
> Make savings accounts reflect changes to savings product interest
> -----------------------------------------------------------------
>
> Key: MIFOS-2514
> URL: http://mifosforge.jira.com/browse/MIFOS-2514
> Project: mifos
> Issue Type: Bug
> Components: Savings Account
> Affects Versions: Release 1.4
> Environment: Platform: All, OS: All
> Reporter: jbrewster
> Assignee: mifosqa
> Priority: Major
> Fix For: Release E - Iteration 10, Release E
>
>
> Currently savings account use a fixed interest rate for posting interest - the
> interest rate of the savings product when the savings account was created.
> Enhancement request to have savings accounts adjust to the market rate when
> the
> interest rate is modified in the savings product.
> Use case:
> A few days before the scheduled interest posting, an MFI admin determines the
> current Market rate and enters that + 1% into the savings product. On the day
> that the savings interest is posted, all current active savings of that
> product
> type would use this interest posting rate (ie, whatever is currently set at
> the
> product level).
> Note: Since this would be new behavior, we should confirm whether any current
> Mifos users would prefer the current implementation where savings accounts
> don't
> get updated with changes to product interest rate.
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