Gayl, 

Answers inline.


On 7/5/10 16:14, "Gayl Kennedy" <gaylkenn...@gmail.com> wrote:

> Hi, 
> we are planning to set up MIFOS for our micro finance accounts this year.  We
> would like to set up restrictions on our savings accounts to encourage
> saving.  Specifically we want the account to be ineligible for interest if
> there are more than 2 withdrawals in the previous month.  I can see in Mifos
> you can set a value for a max withdrawal but if we set this to 1 Naira it
> prevents any withdrawals higher than that amount which is not what is
> required.  Is there any way to achieve what we are looking for?

Unfortunately, I can't think of any way to do this other than manually as we
have no ability to set limits on withdrawals other than based on the minimal
balance.

Manual workaround would be:
- Add a payment type of "interest payment" and add this to savings deposits
- Do all interest posting manually

Obviously, for a large mfi this is less than desirable.

You are also welcome to post an enhancement request.

> Secondly for group accounts we don't want any interest added until the account
> is being closed at which stage it will be added.  I don't see this as an
> option in mifos so I assume we could just show interest as being 0% and then
> manually adding interest at time of account closure?  Are there alternatives?

This is the only workaround I could think of.  Although, you might follow
the manual workaround I listed above by adding a payment type of interest
posting and do it manually.

Do be warned, you may have to account for this exception when reporting to
your accounting system.

Ryan

> 
> Thanks for your advice
> 
> Regards
> Gayl
> 
> 
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-- 
Ryan Whitney  
Mifos Technical Program Manager
rwhit...@grameenfoundation.org
Mifos - Technology that Empowers Microfinance (www.mifos.org)
Our mission is to enable the poor, especially the poorest, to create a world
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