Dividend calculation | Dividend ~ Center | Brunch savings accounts

Description

Dividend calculation

Need facility so that dividend can be applied to the Center | Brunch Savings accounts.

  • Report needed to compute the dividend amount to be allocated to the customers. This Report will take input as a Center | Brunch name, a start date and the profit amount to be distributed as dividend for the Center | Brunch

  • computation of dividend:
    a) amount to be distributed
    b) sum of average savings balances for last 12 months for a customer
    c) sum of average savings balances for last 12 months for all customers

a * b / c

The dividend will not be automatically applied, but can be manually applies using a bulk entry screen similar to the collection sheet.

Environment

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Activity

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Ed Cable
January 11, 2012, 3:32 AM

Reviewed during Triage Meeting on 1/9/2012.

Binny to add additional details and document a smaller feature that could address this.

Binny Gopinath Sreevas
January 15, 2012, 5:42 PM

The report as described above is more or less a custom functionality that is needed for this client.

However, a feature is required to manually apply interest to a savings account. I have created a separate ticket for this at:

Kakhaber Kheladze
September 21, 2014, 6:08 PM

Was this feature implemented in Mifos X ?

Assignee

G

Reporter

Kakhaber Kheladze

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