Hello Airsay, Welcome to the community! I'm cc'ing Sangamesh on this email. He should be able to give some advice on your configuration.
Best wishes, Ed On Thu, Dec 12, 2019, 05:32 Airsay Longcon <airsaylong...@gmail.com> wrote: > Hello everyone. My name is Airsay from Nigeria. I’m the branch IT lead for > a financial institution. We are looking to automate our processes and I’m > almost certain that Mifos is a good fit. I am looking to get some help and > advice setting up Mifos. > So I am trying to create a fixed deposit savings product that reflects one > of three fixed deposit products we have. And I'm not getting the expected > results and would appreciate and advice or pointers. I describe the product > in the following paragraph. > We have a 6 months Fixed Deposit product for deposits between 360,000.00 > and 4,999,000.00. For this product, the interest rate is 15% monthly. So > for someone who deposits the minimum of 360,000.00 the monthly interest is > 54,000.00. Interest is paid out monthly and at the end of the tenor the > customer can either continue or terminate the account. How do I set up a > Fixed Deposit Product to reflect this? > > Warm Regards > Airsay > > > > _______________________________________________ > Mifos-users mailing list > Mifos-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/mifos-users >
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