New Account wizard; Instalments button drilldown does not update the Interest Cycle from Payment Cycle

In the New Account wizard the Instalments button drilldown shows a matrix of Payment frequencies (Weekly, Fortnightly and Monthly) verses Terms (e.g. 6 Months, 1 Year) and allows the User to easily choose a Term/ Payment frequency combination.

The Instalments drilldown does not take into account the Account Type setting "Update Interest Cycle from Payment Cycle" - found on the Interest Options page. When this setting is checked the Interest Cycle is not updated.

The following built-in script has been updated:

"SummaryPage_AccountInstalments_InstalmentSummary" has been updated to version 1.01 on 13/02/2014.