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Former Member
Jul 17, 2014 at 05:35 AM

Account Maintenance Charge

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Hi there,

I have a requirement related to Account Maintenance Charge. The requirement reads: If the monthly balance on Customer's Current Account falls below RMB 50000, Account Maintenance Charge of RMB10 should be charged. No charge will be applicable for Account balance above RMB 50000. The charge to be applied monthly and settled quarterly.

Steps Taken:

- Created a Financial Condtion for Account Maintenance Charge under Condition Group type Settlement: Current Account. (Refer to the attached image)

- Maintained Settlement settings for Quarterly.

Issue:

Once I run the settlement, the charge is applied only for one month, instead of 3 months.

Thanks in advance,

Regards,

Amit