Accounts Management

Modular Accounting System enables any individual, familiar or unfamiliar with accounting to easily manage multiple activities simultaneously while maintaining society accounts

» Modules for Various Types of Payments :

 

• • Vendor Payments, Statutory Payments, Metered Services etc.
    

     

    • • Invoice posting, Advance payment, Advance Adjustments, TDS calculation and deduction.
    • • GST compatible with data listing for various GST Returns.

• • Staff Salary / Advances
    

     

    • • Deduct Professional Tax at appropriate rates
    • • Deduct Income Tax. [TDS]
    • • Manage the advances / loans through installment deductions, while calculating salary payments

• • TDS Management
    

     

    • • TDS calculation on advance payment or invoice posting for Vendors.

• • Calculate any prepaid expenses, at the end of the year
    

     

    • • Calculate the Outstanding Liability at the end of the year
    • • Calculate any prepaid expenses at the end of the year

• • Other Payments

» Modules for Various Types of Receipts :

 

• • Rental Incomes
    
  • Interest Income

» Other Modules :

 

• • Investment of Funds 
    

     

    • • Various Investment Heads
    • • Matching Investment Heads with Funds

• • Members & Outsiders – Security Deposit management
    

     

    • • Tracking Security Deposits by members
    • • Refund of Security Deposit

• • Fixed Assets Management
    

     

    • • Update Fixed Assets register as you pass accounting entry
    • • Calculate Depreciation at the end of the year on predefined rates

• • Share Transfer Premium – Management
    

     

    • • Linked with Transfer of Shares

» Uploading various documents / Bills / Receipts for easy procurement at a later date (This will help online Audit by Statutory Auditors ).

» Trial Balance, as on any date.

» Receipt and Payment Account as on any date

» Generate Balance Sheet and Income & Expenditure Account.