[Mifos-issues] [JIRA] (MIFOSX-250) Interest Rate Calculation and Sliding Rate Bands

Wed, 27 Mar 2013 09:43:24 -0700

Change By: keithwoodlock (27/Mar/13 9:43 AM)
Description: - Support interest calculation for 'Average  Daily  Balance' with interest calculated/posted  in  daily/weekly/monthly  periods
- Enable MFI to set interest rate bands where different interest rates are applied depending on the balance of the savings account

Accounting wise;

Interest Applied (posted)
  -> CREDIT Savings
  -> DEBIT  Interest Costs
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