51A - Accrual of interest not to be reset on Calendar Quarters

Hi Friends,

We have a requirement in Simple Interest Fixed deposit product 51A where the month end accrual of interest should NOT get reset in 4 quarters ending 31st march, 30th june, 30th sep and 31st dec.

For other 8 month ends, the rest entry should happen on the next day.

How can we achieve this requirement of resetting the accrual entries for 8 month ends and NOT resetting the accrual entries for the 4 specified quarter ends?

Also, since the reset is not happening for the 4 quarters as specified above, the interest maturity entries should be split as follows:-

Dr. Treasury Payment Clearing Account     -5000

Cr. Interest on FD                                        +3000

Cr. Interest Accrual Account                        +2000

How can we achieve these split entries at maturity?

As of now, since the reset of interest accrual is happening for all 12 months, we are getting entries as follows:-

Dr. Treasury Payment Clearing Account    -5000

Cr. Interest on FD                                      +5000

But this should not be the case. Please help.

Regards,

Rohan