Fixed Deposit Management
MYLegacy Fixed Deposits is a sophisticated fixed deposits portfolio management software programme that is suitable for use by companies of all sizes for the management of deposit portfolios of all sizes. MYLegacy calculates interest, tracks and reports on all customer deposits. It is very easy to learn and use and can be integrated with MYLegacy Accounting or used on its own.
Interest can be calculated daily, monthly, quarterly, half-yearly or yearly and may be paid at the end of the deposit term, monthly, quarterly,or half-yearly. Interest on broken deposits can be automatically recalculated at a special break rate and applicable taxes may be withheld from all interest payments.
Deposit maturity notices are automatically generated and deposits can be rolled over or paid out. There is no limit to the number of deposits that can be managed.