Savings & Contributions
Set up how your group saves, record contributions as they come in, and move money between accounts.
Setting up a savings product
Before members can save, an admin sets up at least one savings product from Settings → Savings Products. There are two types:
- Standard: an open savings account with an optional minimum balance, deposit/withdrawal fees, and an interest rate paid out on a schedule you choose (monthly, annually, etc.)
- Scheduled Contribution: a fixed contribution amount collected on a regular schedule (daily, weekly, or monthly), with an optional late-payment penalty, a grace period, and a toggle for whether members can pay more than the scheduled amount
Recording a contribution
From a member's profile, click Record Payment (this appears on scheduled-contribution accounts). Enter the amount, payment method, payment date, and an optional receipt number. If the amount exceeds what's currently due, KashRound rejects it with a clear message rather than silently accepting an incorrect figure.
Wallets and transfers
Your group's cash lives in wallets (like a Group Wallet or Mobile Money wallet). Use Transfer Funds to move money between wallets, or from a wallet into a specific member's savings account, the destination list automatically excludes whatever you picked as the source. Transfers that would overdraw a wallet are blocked with an insufficient balance message.
Bulk importing transactions
Migrating historical records or catching up on a backlog? The Bulk Import page handles nine transaction types: savings accounts, deposits, withdrawals, loans, fees, fines, expenses, welfare contributions, and welfare events.
Pick a type, download the CSV template for it, fill it in, and upload. KashRound previews the rows before you commit, shows a field guide for that transaction type, and after import tells you exactly how many rows succeeded and which specific rows failed and why.
Still stuck?
Our team can help you set up savings products correctly.