Along with latest technology software, we offer services from team of experienced professionals to meet all your accounting needs.
Our online accounting services include everything from maintenance receivables, balance sheets for specified period, expenses, other income, bank statement, budgets, petty cash, and management of assets. Multiple ledgers and sub-ledgers are maintained on the software with proper backup. We even bring accounting services to your doorsteps, where our experienced professionals would make the accounting entries for the entire period.
Maintenance bills are generated on monthly or quarterly basis along with the details of sinking fund, penalties, and interest. Payments receivable under other heads like club house, parking etc. are also covered under this invoice. Apart from bill generation, the software also sends email and SMS notifications. Reminders can be sent to the members at regular intervals for approaching due date and overdue payments.
Our software supports payment through net banking, credit/debit cards, and cheques. Collection reminders are automated once the bill is generated. For the long pending payments, single statement is generated for all such due payments and passed to the member with the interest amount.
Housing societies will have to make payments to vendors for multiple services and products. All these payments are made after following appropriate tax compliance. TDS and any other tax is recorded in the ledger for future reference. Form 16A and other tax forms are sent to the vendors through automated system software.
Audit is the crucial part of accounting. Annual audits are mandatory for co-operative housing societies as well. We may get your balance sheet audited from well-qualified auditors and chartered accountants. We have tied up with experienced auditors who would not just audit your accounts but would also extend their expert advice wherever required. They would also help you in dealing with government agencies efficiently.
Accounting data is quite crucial for the housing society. The lifespan of the building extends over decades and hence the data also needs to be kept safe for so long. Our software comes with automated data backup feature, where the data is saved at regular intervals to be stored safely for future. We ensure the safety and security of data for all future needs.