How to track interest payments to clients in savings programs

Learn how to track and view scheduled or completed interest payments for clients in savings strategies

To view all interest payments made to all clients, go to Finance > Transactions and filter the Type column by Savings Payment. The payments in the Done status are listed in the Transactions.

To view interest payment details for a client in a specific savings program:

1

Navigate to Savings > Plans.

2

Click displayed next to the plan for which you want to review interest payment details.

3

In the plan details, go to the Payments section:

• For Fixed strategies, the payments list includes scheduled payments as well as payments that have already been made to the client’s wallet. From this list, you can calculate the total amount of interest that the client will receive in the program.

• For Flexible strategies, the list displays only payments made to a client. From this list, you can calculate the total amount of interest that has been paid.

For each payment, you can view:

• Amount – the payment amount.

• Due date – for Fixed strategies, the date and time when the payment is scheduled to be made. For Flexible strategies, no scheduled payments are displayed.

• Status — the payment status:

  • Scheduled — indicates that a payment is scheduled but hasn’t yet been made.

  • Paid — indicates that a payment has been made to a client.

  • Cancelled — indicates that a payment was cancelled because the client decided to withdraw the investment amount before the end of the plan length (for Fixed strategies) or before the end of the penalty period (for Flexible strategies).

  • Paid date – the date and time when the interest was paid to the client.