[jira] [Commented] (FINERACT-1185) Interest Posting on Anniversary Dates

["Vladyslav Samchenko (Jira)" <ji...@apache.org>]

    [ https://issues.apache.org/jira/browse/FINERACT-1185?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=18075414#comment-18075414 ] 

Vladyslav Samchenko commented on FINERACT-1185:
-----------------------------------------------

[https://github.com/apache/fineract/pull/5761] 
I've added 4 new SavingsPostingInterestPeriodType enum values:
- ANNIVERSARY_MONTHLY (code 8)
- ANNIVERSARY_QUARTERLY (code 9)
- ANNIVERSARY_BIANNUAL (code 10)
- ANNIVERSARY_ANNUAL (code 11)

 Unlike standard period types (which use calendar boundaries), anniversary types anchor posting to the day-of-month of the account activation date. Short-month and leap-year edge cases are handled by clamping to the last day of the month.

> Interest Posting on Anniversary Dates
> -------------------------------------
>
>                 Key: FINERACT-1185
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1185
>             Project: Apache Fineract
>          Issue Type: New Feature
>    Affects Versions: 1.8.0
>            Reporter: Airsay
>            Priority: Critical
>
> "Anniversary" Interest posting period. Some clients don't necessarily post interest on the last day of the week, or month or quarter. What they do is post interest on the "anniversary" date. So for a fixed deposit or recurring deposit account opened on the 1st of the month, interest is posted on the first of the month for monthly interests. Those opened say on the 29th are posted on the 29th (or the last day of the month if that month doesn't have 29 days like February). A similar thing is done for quarterly or bi-annual postings. 



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