Hi all,
For SECDEP, we would want to give the client's savings interest when she resigns. I checked on Mifos and did not see a link that says "Post interest" when reviewing a savings account. And I check the functional specifications and this is what it says: http://www.mifos.org/knowledge/functional-specifications/account-creatio n/savings-accounts/?searchterm=savings "Savings account is Closed. Once closed, the state of the account cannot be modified. Transactions are not allowed after an account is closed. When an account is closed, the interest till the current date should be calculated and posted to the account. Because the balance of the account must be nil before it can be closed, a withdrawal transaction must be made. The user must specify the Date of transaction (current date) and the Amount (total account balance including the interest earned till the current date). This amount must be rounded as per the rounding rules. The user must also specify the mode of payment, receipt ID and receipt date, and well as the client name. For group/center savings accounts, the client who made the withdrawal should also be specified." The above two paragraph contradict each other. (I wonder if I wrote this. Kay?) Before I close the account, I want to post the interest, but I cannot close the interest until I withdraw all the money and if I withdraw all my money, how can I get my interest?" Case in point, I guess. ;) We think that the work-around is to manually calculate the interest due and record that in the accounting system, not in Mifos (since it will be recorded as cash received). But before we resort to that, is there an easier Mifos way? -Marie
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