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  1. Apache Fineract
  2. FINERACT-1972

Fees and taxes deduction ordering in saving account transactions page

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Details

    • Bug
    • Status: Open
    • Minor
    • Resolution: Unresolved
    • 1.8.4
    • 1.8.4
    • Loan
    • None

    Description

      The order should be deposit, interest posting then withholding tax deduction.

      The reasoning behind this is, you cannot deduct withholding tax before you have posted interest into the account since withholding tax is a % of interest.

      The impact of this is the account balance when ordered by transaction id is misleading. Example, in this case, the account balance of transaction id 63 is what the balance should be after withholding tax deduction and not interest posting.

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            Unassigned Unassigned
            faheem205 Faheem Ahmad
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            Dates

              Created:
              Updated: