Kay,

Can the following still be changed:

Balance used for interest calculation
Minimum balance required for interest calculation

I know that Nuru currently has active savings accounts but they might be 
considering changing the min balance required for interest.

Thanks,

Ed 

> >-----Original Message-----
> >From: Kay Chau [mailto:[email protected]]
> >Sent: Wednesday, October 27, 2010 9:54 AM
> >To: Keith Woodlock (contact); Jeff Brewster
> >Cc: A good place to start for users or folks new to Mifos.;
> >[email protected]; Udai Gupta (Contractor)
> >Subject: Re: [Mifos-users] Updating Savings Products
> >
> >Adding mifos-user list
> >
> >Let's disable that as well.
> >
> >So we are saying once you create a savings product and there are
> >active savings accounts under that product, the following cannot be
> >changed:
> >
> >Interest calculation frequency
> >Interest posting frequency
> >If the savings product is applicable for clients, groups, or centers
> >Type of deposits - mandatory to voluntary, or vice versa
> >Max Withdrawal Amount

> >
> >If any of these need to be changed, a new savings product should be
> >created.
> >
> >Kay
> >
> >> -----Original Message-----
> >> From: Keith Woodlock [mailto:[email protected]]
> >> Sent: Wednesday, October 27, 2010 8:37 AM
> >> To: Jeff Brewster
> >> Cc: Kay Chau; Udai Gupta (Contractor); Van Mittal-Henkle;
> >> [email protected]
> >> Subject: Re: Updating Savings Products
> >>
> >> Kay,
> >>
> >> one more clarification around what we are doing for
> >> http://mifosforge.jira.com/browse/MIFOS-2514.
> >>
> >> Do you want to support the ability to update the interest
> >calculation
> >> and posting frequencies along with iterest rate or just interest
> >rate?
> >>
> >> if yes, it might make things a little trickier to implement.
> >>
> >> if not, we'll also need to disable updating of these fields if
> >> active/inactive savings account exist for product.
> >>
> >> KeithW.
> >>
> >> On Tue, Oct 26, 2010 at 9:46 PM, Jeff Brewster
> >> <[email protected]> wrote:
> >> > Hi all,
> >> > If you think of it, please include Kojo in these off-list emails.
> >> > Otherwise I'll fwd.
> >> >
> >> > Speaking of, can we have these emails on the dev list instead?  :)
> >> >
> >> > Jeff
> >> >
> >> >>-----Original Message-----
> >> >>From: Kay Chau
> >> >>Sent: Tuesday, October 26, 2010 1:10 PM
> >> >>To: Keith Woodlock (contact)
> >> >>Cc: Udai Gupta (Contractor); Van Mittal-Henkle; Jeff Brewster
> >> >>Subject: RE: Updating Savings Products
> >> >>
> >> >>Keith I'm fine w/ disabling all of these - will you add this to
> >the
> >> >>issue you are using to do this (new or existing) and add
> >documentinfs
> >> >>label so I can make sure to add it to the FS
> >> >>
> >> >>Thanks!
> >> >>Kay
> >> >>
> >> >>> -----Original Message-----
> >> >>> From: Keith Woodlock [mailto:[email protected]]
> >> >>> Sent: Tuesday, October 26, 2010 12:42 PM
> >> >>> To: Kay Chau
> >> >>> Cc: Udai Gupta (Contractor); Van Mittal-Henkle; Jeff Brewster
> >> >>> Subject: Updating Savings Products
> >> >>>
> >> >>> Hi Kay,
> >> >>>
> >> >>> At the moment, its possible to update the a number of fields for
> >> >>> savings products (including interest details). The ones of note
> >> are:
> >> >>>
> >> >>> Applicable for:
> >> >>> ----
> >> >>> Its possible to create savings product that is 'applicable for'
> >> >>> clients only, create loads of savings accounts for clients and
> >then
> >> >>> later change the product to be only applicable for say centers.
> >> >>>
> >> >>> So its a little bit odd. It only impacts 'new savings accounts'
> >as
> >> >>> these would now only be allowed to be set up on centers, yet we
> >> would
> >> >>> have lots of previously opened accounts against clients.
> >> >>>
> >> >>> Type of deposit {mandatory/voluntary}
> >> >>> ----
> >> >>>
> >> >>> When editing savings products, its possible to change what type
> >of
> >> >>> account it is. At present, when a savings account is created,
> >these
> >> >>> detail is 'inherited' from product and stored on savings
> >account,
> >> and
> >> >>> not updateable. So updating this field from one to the other
> >does
> >> not
> >> >>> affect existing accounts. However I find it weird that you can
> >do
> >> > this
> >> >>> and can result in savings accounts that have the same product,
> >one
> >> >>> being voluntary and the other mandatory.
> >> >>>
> >> >>> It may explain why voluntary accounts have 'schedules' also
> >which
> >> is
> >> >>> something that should be cleaned up in savings in the future.
> >> >>>
> >> >>> max withdrawal
> >> >>> -----
> >> >>>
> >> >>> Allowing the changing of this might cause problems with back-
> >dated
> >> >>> transactions etc
> >> >>>
> >> >>> So I think we should not allow update of these fields if there
> >are
> >> >>> active/inactive savings accounts opened for the given savings
> >> > product.
> >> >>>
> >> >>> Other than the above mentioned, I am supporting the changing of
> >> >>> 'interest details' so we have historical record of the savings
> >> > product
> >> >>> which will allow us to calculate and post interest correctly.
> >> >>>
> >> >>> Regards,
> >> >>> KeithW.
> >> >
> >
> >----------------------------------------------------------------------
> >--------
> >Nokia and AT&T present the 2010 Calling All Innovators-North America
> >contest
> >Create new apps & games for the Nokia N8 for consumers in  U.S. and
> >Canada
> >$10 million total in prizes - $4M cash, 500 devices, nearly $6M in
> >marketing
> >Develop with Nokia Qt SDK, Web Runtime, or Java and Publish to Ovi
> >Store
> >http://p.sf.net/sfu/nokia-dev2dev
> >_______________________________________________
> >Mifos-users mailing list
> >[email protected]
> >https://lists.sourceforge.net/lists/listinfo/mifos-users

------------------------------------------------------------------------------
Nokia and AT&T present the 2010 Calling All Innovators-North America contest
Create new apps & games for the Nokia N8 for consumers in  U.S. and Canada
$10 million total in prizes - $4M cash, 500 devices, nearly $6M in marketing
Develop with Nokia Qt SDK, Web Runtime, or Java and Publish to Ovi Store 
http://p.sf.net/sfu/nokia-dev2dev
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