HI Barath and Abiy, Thank you for your feedback and hope you are doing good as well. Ok so it seems that if we want to change the settings of the individual savings accounts we have to do it for each one. I think we need to create a batch job that will run end of day that will be responsible for updating the savings accounts settings.
Thanks again for your help. Regards, Joseph On Mon, May 25, 2020 at 4:31 PM A A <abiy...@gmail.com> wrote: > Dear Joseph, > > You can try selecting the saving product and update the parameters that > you are using. You may get the values from the newly created product and > update it in the database. I have tested this and its been working fine. > > connect to your database and issue this query. > > SELECT * FROM `alphabank-default`.`m_savings_account`; > UPDATE `alphabank-default`.`m_savings_account` SET > `nominal_annual_interest_rate`='NEW_VALUE' WHERE `id`>=1; > > Do the same for the remaining tables. > > Regards, > Abiy A. > > > On Mon, May 25, 2020 at 11:02 AM Bharath Gowda <bgo...@mifos.org> wrote: > >> Hi Joseph, >> >> Hope you are doing all good >> >> I would like to clarify the current behavior of savings accounts in >> Fineract 1.x. Savings accounts have several table columns similar to those >> of the savings product instance. This is done so that the individual >> savings accounts previously created are not affected by any changes to the >> savings product settings. This is the current behavior of the system right? >> >> That is Right, changes made at the product level will not have any impact >> on already created savings accounts. >> >> Now what if I want to change a setting of a savings product (i.e. change >> the compounding period, the interest rate, the interest calculation basis >> etc.) is there currently a way that I can do this and have it affect all >> related savings accounts? Or do I need to update the settings of all the >> savings accounts individually? >> >> Currently, there is no option to change those parameters to the >> existing saving accounts. any changes you make at the product level will >> have an impact only on newly created accounts. >> you can try changing the parameters (i.e. change the compounding period, >> the interest rate, the interest calculation basis etc.) at the Account >> level, However, we recommend you test the scenarios on couple of accounts >> first to see if it meets your requirement before doing it for all loans. >> >> >> >> Regards, >> Bharath >> Lead Implementation Analyst | Mifos Initiative >> Skype: live:cbharath4| Mobile: +91.7019636073 >> http://mifos.org <http://facebook.com/mifos> >> <http://www.twitter.com/mifos> >> >> >> On Thu, May 21, 2020 at 7:51 PM Joseph Cabral <joseph.cabra...@gmail.com> >> wrote: >> >>> Hi again Fineract Team, >>> >>> I would like to clarify the current behavior of savings accounts in >>> Fineract 1.x. Savings accounts have several table columns similar to those >>> of the savings product instance. This is done so that the individual >>> savings accounts previously created are not affected by any changes to the >>> savings product settings. This is the current behavior of the system right? >>> >>> Now what if I want to change a setting of a savings product (i.e. change >>> the compounding period, the interest rate, the interest calculation basis >>> etc.) is there currently a way that I can do this and have it affect all >>> related savings accounts? Or do I need to update the settings of all the >>> savings accounts individually? >>> >>> Regards, >>> >>> Joseph >>> _______________________________________________ >>> Mifos-users mailing list >>> Mifos-users@lists.sourceforge.net >>> https://lists.sourceforge.net/lists/listinfo/mifos-users >>> >> Mifos-developer mailing list >> mifos-develo...@lists.sourceforge.net >> Unsubscribe or change settings at: >> https://lists.sourceforge.net/lists/listinfo/mifos-developer > >
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