Mobile Field Officer Applications
Payment and Process Orchestration
Core Banking & Embedded Finance
Application Framework
How to Approve a Saving Account Application
Once a saving account application whether it is for a client, a group, or a center has been submitted, it is ready to be approved (the saving account status is Pending Approval and the saving account color is gold).
Saving account applications can be approved by Mifos users with saving account approval permissions.
Approving a saving account application changes the status of the saving account from Pending Approval to Approved.
A saving account application that has been approved, but not yet activated can be unapproved. Unapproving a saving account application changes the status of the saving account application from Approved to Pending Approval.

To approve a saving account application for a client

To approve a saving account application for a client, select the client (needs link to how to find a client). Click the General tab. The client's saving accounts are listed in the Saving Account Overview section.
  1. 1.
    Ensure active saving accounts are displayed by clicking View Active Savings on the saving action bar. Pending approval saving account applications will be indicated with a gold color swatch and Submitted and Pending Approval in the Status column.
  2. 2.
    Click the saving account application to be approved. The saving account form will open.
  3. 3.
    Click Approve on the action bar. The Approve Saving Account page will open.
  4. 4.
    Accept the default date (today), or pick a date in the past, but not before the submitted on date for the application, from the pop-up calendar for Approved on.
  5. 5.
    Capture any notes or comments in the Note field.
  6. 6.
    Click Submit.
The saving account application will be modified and its status changed to Approved. The saving account is now ready for activation.

To approve a group saving account application

To approve a saving account application for a group, select the group (needs link to how to find a group). Click the General tab. The group's saving accounts are listed in the Saving Account Overview section.
  1. 1.
    Ensure active saving accounts are displayed by clicking View Active Savings on the saving action bar. Pending approval saving account applications will be indicated with a gold color swatch and Submitted and Pending Approval in the Status column.
  2. 2.
    Click the saving account application to be approved. The saving account form will open.
  3. 3.
    Click Approve on the action bar. The Approve Saving Account page will open.
  4. 4.
    Accept the default date (today), or pick a date in the past but not before the submitted on date for the application from the pop-up calendar for Approved on.
  5. 5.
    Capture any notes or comments in the Note field.
  6. 6.
    Click Submit.
The saving account application will be modified and its status changed to Approved. The saving account is now ready for activation.

To approve a center saving account application

To approve a saving account application for a center, select the center (needs link to how to find a center). Click the General tab. The center's saving accounts are listed in the Saving Account Overview section.
  1. 1.
    Ensure active saving accounts are displayed by clicking View Active Savings on the saving action bar. Pending approval saving accounts will be indicated with a gold color swatch and Submitted and Pending Approval in the Status column.
  2. 2.
    Click the saving account to be approved. The saving account form will open.
  3. 3.
    Click Approve on the action bar. The Approve Saving Account page will open.
  4. 4.
    Accept the default date (today), or pick a date in the past, but not before the submitted on date for the application from the pop-up calendar for Approved on.
  5. 5.
    Capture any notes or comments in the Note field.
  6. 6.
    Click Submit.
The saving account application will be modified and its status changed to Approved. The saving account is now ready for disbursement.

To undo saving account application approval

Locate the saving account application to be unapproved by navigating to it through the client, group, or center that holds the saving account.
  1. 1.
    Click the Approved saving account application that is to be unapproved.
  2. 2.
    Click Undo Approval on the action bar.
  3. 3.
    Type a note to explain the reason for undoing the approval.
  4. 4.
    Click Submit.
The saving account application approval will be undone, and the saving account application status will be Pending Approval.
Last modified 2yr ago