First, you have to create a new saving product with INTEREST RATE 0.00%. (assume name of this product is ABC-SAVINGS)
Second, attach the saving account you want to work with with the specific saving product ABC-SAVINGS when creating saving accounts
BUT, what is the scope of transferring / posting interest to a savings account if it is under a category of 0% interest rate product? Since the saving product you are working with does not calculate interest (0%), I do not think you need to Tick the "Transfer interest to linked savings account " as there is not any interest to be compounded and posted to the account.
Or can you provide what you want to do.
Ethoitechs Innovative Solutions plc
On Mon, Apr 30, 2018 at 5:27 AM, Christopher Stewart email@example.com wrote:
I am in the process of creating fixed deposit products that transfer the monthly interest to a 0% interest savings account. I have already created a savings account type with 0 minimum balance and o balance required for interest calculation. Of course the interest is 0%.
But when I create a fixed deposit account and try to activate it with the "Transfer interest to linked savings account " ticked I am getting the following error "
". When I deposit a small some to the savings account and then try to activate the fixed deposit the activation works!
I am using version 16.x. Is this a known issue or am I doing something wrong?
Thanks in advance.
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