Title: Message Title
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Mandatory savings have the following rules: - Every client with a Mandatory Savings account is expected to save X amount of money every meeting day (for example: 50 Pesos every week) - If customer does not save in one week, then in the next week, the client is expected to save 100 Pesos. I.e. the "overdue" deposit amount accumulates over a period of time. - Collection sheet report should show the mandatory deposit amount that is due from the customer - Collection entry screen should show the mandatory deposit amount that is due from the customer and allow data entry operator to accept the actual money received as deposit
We have to make an assessment of impact and see which of the options is a better approach:
a) we want to use a scaled down version of the recurring deposit product to meet this requirement b) enhance the savings product to capture 3 more fields: - mandatory or voluntary savings (drop down) - amount to be collected - frequency of deposit (for a client who belongs to a center or group, we will need to inherit deposit frequency from the center's calendar)
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