Ideas for the Mambu Banking Engine

Taxes for revolving credit products

What

Enable taxes for revolving credit products, like can be enabled for most other loan product types.

 

Why

Some organisations are legally required to pay and report taxes on interest, fees and penalties, but if they also wish to offer revolving credit products to their clients they would need to manage taxes externally. This can be a messy process with a los of room for error, so being enable to report taxes within Mambu would be very advantageous. 

  • James Anderson
  • Nov 29 2017
  • Planned
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