SOCIETY DETAILS:

• Selection of Simple / Compound Interest.
• Selection of Grace Period & Interest Rate.
• Selection of the Types of Interest i.e. whether interest to be charged on Daily basis, for the billing period, or fixed interest like penalty.
• Selection for Monthly / Bi Monthly / Quarterly / Four Monthly / Half yearly / Yearly billings as per society requirements.
• Customized Foot Note to appear in bill.

BILLING HEADS DETAILS:

• Provision of heads which are equal to all the members irrespective of the area.
• Provision to create the heads which are variable i.e. depending on Sq. Ft. Area, Rateable Value of unit , Open Space , Meter Readings and No. of Persons / No. of Vehicles
• Provision to create the heads which depends on the slab of the area like One Room Kitchen, Two Room Kitchen, etc.
• Provisions to create the heads which are not applicable to all members like Non Occupancy Charges, Parking Charges, etc.
• Provision to create the heads, which do not have any calculation like Legal Charges.
• Whether affects the heads to Income & Expenditure or Balance Sheet i.e. Reserves
• Provision to create the Discount heads like Rebate.

BILLING:

• Generates bills as per the society requirements

ACCOUNTS:

• Members Receipt, General Receipt, Payment Vouchers, Debit Note, Credit Note, J.V., Contra Entry
• Facility of entering the Head wise Opening Balance
• Bifurcation the receipt head wise as per the sequence decided by the society
• Renumbering the payment vouchers
• Printing Bank/Cash Books, Receipt Register, Payment Register, JV/Debit Note/Credit Note Register.
• Facility of printing the Paying Slip of the bank to avoid the tedious job of entering all the cheques in the paying slip
• Group wise / Straight / Comparative / Schedule wise / Members Trial Balance
• Summary & Detailed Ledgers
• Income & Expenditure Account and Balance Sheet.
• Bank Reconciliation

TDS & INCOME TAX:

• E-TDS Return
• Form 16A
• Filing of Income Tax Return of Individual and Corporate.

EMAIL & SMS:

• Sending Bills, Receipt, and outstanding reminders via email and SMS to the members (as per the instruction received from the society). {FREE OF CHARGES}

OTHERS:

• Share Transfer records.
• Members Vehicle Details.
• Members Sub-tenants Details.
• Members Servants Details.
• Members Family Details.

MIS REPORTS:

• Members Outstanding Reports Building to Building and Wing to Wing.
• Members Outstanding Conditional (i.e. > 10000, <10000, etc) and headwise.
• Bye Laws Forms, Audit Reports, etc.
• Payment Reminder Notices for the members having outstanding as specified.
• Notice under section 101 of MCS Act.
• Statutory reports like I form and J form, Share Register, Nomination Register, Sinking Fund Register, Lien Register, Associate Members List.
• Share Transfer to keep the track of the number of times the Flat/Shop is sold.
• Details of Meetings like Managing Committee Meeting, AGM & Special Meeting called for the specific purpose.
• NOCs of some Common Financial Institutes / Banks.
• Service Tax provision.
• Complaint Management.
• Auto reminder for completion of Leave & License Agreement Tenure.