Hi Abiy,
You can set your interest posting period to Monthly in your Terms when you are
setting up the Savings Product.
Kind regards,
Sifiso
From: Abiy Atsbha <abiy...@gmail.com>
Sent: Wednesday, June 6, 2018 4:08 PM
To: A good place to start for users or folks new to Mifos.
<mifos-users@lists.sourceforge.net>
Subject: [Mifos-users] Help on interest Calculation
Hi All,
I got a requirement from a local MFI for a Mifos-X to calculate interest for
saving account on Monthly basis. Meaning that interest will be calculated ONLY
IF the amount was saved for a month. And NOT to calculate any interest if it
stayed in the account for less than a month.
Any advise on how to solve this?
Thanks & Regards,
Abiy A.
Ethiotechs Innovative Solutions plc
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