wish: Support for interest on an account

Reported by grooveharder on 2010-07-23
28
This bug affects 6 people
Affects Status Importance Assigned to Milestone
HomeBank
Wishlist
Maxime Doyen

Bug Description

Love Homebank, use it every single day. Having support for interest would be such a great feature. One way it could be implemented is in the form of an automatic transaction that pays a percentage of an account's balance.

Maxime Doyen (mdoyen) wrote :

Interest computation is usually more complex and work with according a gain every x week/days with the account amount at that date.
Everyone that have information on how to compute this may post here.

Changed in homebank:
assignee: nobody → Maxime DOYEN (mdoyen)
importance: Undecided → Wishlist
status: New → Triaged
Benoit Darrot (benoit-darrot) wrote :

See here for a simple explanation in french about interests by fortnight : http://www.calfiz.com/livret-epargne-calcul-interets-methode-quinzaine-par-quinzaine-443.html
You must store for each account the rythm of calculation (monthly rate, fortnight rate, weekly rate), the historical modification of rate with valuation date (example with the french Livret A which rate varies from time to time). Then you can compute the interests.
You must also choose to deposit the interests in the account or in another one as some interest accounts generate interests on your current account.

Maxime Doyen (mdoyen) wrote :

This is out of HomeBank scope.

Changed in homebank:
status: Triaged → Won't Fix
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