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Minimum Balance

  • AMMAR.FAIDI
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11 years 7 months ago #12601 by AMMAR.FAIDI
Minimum Balance was created by AMMAR.FAIDI
dear All
is there any field that have the minimum balance for the saving accounts

B.R

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11 years 7 months ago - 11 years 7 months ago #12602 by namco
Replied by namco on topic Minimum Balance
Use the ACCT.GROUP.CONDITION

Account Group Conditions

FIELD NO 10 = MINIMUM.BAL
This field indicates the minimum balance that the account is supposed to
maintain.

If a withdrawal transaction is going to make the account go below this
balance then an override will be required.
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Last edit: 11 years 7 months ago by namco.

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11 years 7 months ago #12603 by durai611
Replied by durai611 on topic Minimum Balance
I hope you have distinguished the Savings/Current accounts based on category.

Then it's easy to group those accounts and specify the minimum balance to be maintained in ACCT.GROUP.CONDITION application.

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11 years 7 months ago #12634 by AMMAR.FAIDI
Replied by AMMAR.FAIDI on topic Minimum Balance
what i need is the minimum balance on account level for saving accounts , the balance that the interest is calculated on it

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11 years 6 months ago #12637 by armin
Replied by armin on topic Minimum Balance
You are not taking about CR.MINIMUM.BAL in GROUP.CREDIT.INT / ACCOUNT.CREDIT.INT ???
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using R11 on Unix

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11 years 6 months ago #12640 by AMMAR.FAIDI
Replied by AMMAR.FAIDI on topic Minimum Balance
hi
i'm talking about the minimum balance as amount on the account level

b.r

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11 years 6 months ago #12641 by armin
Replied by armin on topic Minimum Balance
ACCOUNT.CREDIT.INT is on account level!
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using R11 on Unix

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11 years 6 months ago #12642 by AMMAR.FAIDI
Replied by AMMAR.FAIDI on topic Minimum Balance
this application is used for the exception if the account has interest different from the group it belongs to , what i need is assume my actual balance at the begining of the month is 100 USD i withdraw from my account 20 USD in this case the minimum balance will be 80 USD this is what i need

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11 years 6 months ago #12646 by armin
Replied by armin on topic Minimum Balance
Dear Ammar,

if I get you right you want to know the lowest balance an account had during a specific period?
I think there is no other way than to get it from Fxxx.ACCT.ACTIVITY . . .
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11 years 6 months ago #12648 by AMMAR.FAIDI
Replied by AMMAR.FAIDI on topic Minimum Balance
dear

thanks for your response i know that i can get the balance from ACCT.ACTIVITY , but i just want to know if there is a certain field for this balance

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11 years 6 months ago #12656 by durai611
Replied by durai611 on topic Minimum Balance
As of I know there is no field to store the amount on which the interest is calculated. Since the logic of calculating the minimum balance is return within the core routine based on the value dated balances in ACCT.ACTIVITY.

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11 years 5 months ago #12975 by zaki_hyder
Replied by zaki_hyder on topic Minimum Balance
Dear AMMAR,

If your issue is not solved do setup in below

1) BALANCE.REQUIREMENT
2) ACCT.GROUP.CONDITION

Regards
Zaki

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