All Mifos Users with mandatory savings,
I want to communicate an existing issue with mandatory Savings accounts when
changing mandatory amount (using the "Mandatory amount for deposit:" field
in the "Edit Account Information" link).
a) If the amount for a mandatory savings account is updated by a user, then
after the batch jobs are run, this change is supposed to reflect in
collection sheet entry screen and reports. But the change is not reflected
in many cases. This is because Mifos generates and stores savings schedules
for the next 10 meetings. And if 4 or more future entries already exist,
then the Mifos batch jobs do not recreate or update such "savings schedule"
entries. Only when the number of future entries falls below 3, will Mifos
batch jobs add new saving schedule entries. This process though not visible
to users, is how Mifos internal logic handles savings schedules.
b) Also, the Mifos batch jobs do not re-create new "savings schedule"
entries, if for some reason there are no entries for a savings account in
the "saving schedule" table. Chances of this happening is very remote.
However, I have seen this happen for one of our customers.
If any of you are facing this issue, please note that the Mifos 2.1.5
release will be addressing these.
--
Thanks and Regards
Binny Gopinath Sreevas
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