Web Based apartment management |Society Accounting

Society123.com offers you hassle-free platform to transform your society, making it highly functional and easily manageable. Apartment management software enables even a newcomer to participate in the management process

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The easy way of calculating shared expenses in a society

When you manage a housing society, you need to keep lot many things into consideration. There are various charges and expenses. If the society is big with a lot of members, then the society management is a daunting task.

No management committee can perform well unless there is a support of the automated system. Nowadays, societies deploy housing society billing software to make the operations simple.

A seemingly simple but difficult aspect in every housing society is on how to determine the monthly or recurring charges to be levied on the residents. The issue is so complex that it is not possible to please all the residents with a unanimous way of calculating the same.

Even if you can arrive at some common calculation logic, it is difficult to manage the operations manually. You need a comprehensive housing society management to do it correctly.

Popular calculation logic for maintenance charges

There are two ways of calculating maintenance amount; either you do it on Per Square Feet basis or Per Flat basis.

Sometimes, housing societies use a mixed approach of per flat for some heads and per square feet for some.

If the calculation is done using the best housing society software india, then the software should have the flexibility of choosing both calculation methods.

Service charges, for example, are supposed to be levied on per flat basis. It is based on the expenses incurred by the society for service procurement.

Some examples are the salary of the society staff, administrative expenses, electricity bill of the common area or auditor expenses.

Building maintenance charges, on the other hand, are calculated by the cost of construction. It is an annual charge which is levied every year.

Your housing society accounting software should have the option and provision of calculating the same.

Expenses related to elevators and escalators

These charges are levied every year, calculated on an average basis. Repair and maintenance charges of Lift and escalators, operating costs, electricity charges are part of it.

Since it is a utility used by everyone, the charges are levied from every member. Modern housing society accounting software modules are configurable and user-friendly.

Therefore, it is simple to add or modify different heads. You can pick the charges that are relevant in your case.

Parking charges, property tax calculation, water charges are examples of utility charges. You can define each head in the system and maintain the accounting system flawlessly.

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Year on year growth indicates a great time for housing society management market

Isn’t it a pleasant surprise when you enter a society, and you don’t need to take the hassles of filling in an entry in the old-fashioned register?

What you need is just to show the visitor card issued by the security officer in front of the digital interface.

Or you get the intimation for the scheduled and unscheduled meeting in your mailbox. The same information pops up in the SMS box just before the meeting day.

All this becomes possible due to the emergence of online housing society management systems. The systems are smart, efficient and amazingly easy to use.

Housing societies are investing in multipurpose systems

From record-keeping to account management and utility bill payment to member self-help; the online society management system makes the things easy.

There is no need to spend hours in struggling with manual entries and heavy record books. Everything is there in the soft form. It is just a click away.

Gone are the days when hardly a few societies were using automated systems. Today, the majority of them seek the help of professional systems to manage the things.

You can get service providers on the Internet. It takes some efforts to pick the best one that satisfies the needs of your society.

Society management systems go mobile

When everything becomes mobile-driven, the housing society software also follows the trend. Today, you need a smart and sleek mobile interface to pay bills or launch the service request.

It moves the things faster, and society members find it highly useful. As the members get accustomed to the mobile interface, they can use it anywhere and everywhere.

Nowadays, housing society software india facilitate users to get a holistic view of their user account.

Accounting and finance modules take care of the financial transactions and book keeping. Document uploading becomes easy. The society can fulfill legal obligations and statutory requirements more systematically.

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Year on year growth indicates a great time for housing society management market

Isn’t it a pleasant surprise when you enter a society, and you don’t need to take the hassles of filling in an entry in the old-fashioned register?

What you need is just to show the visitor card issued by the security officer in front of the digital interface.

Or you get the intimation for the scheduled and unscheduled meeting in your mailbox. The same information pops up in the SMS box just before the meeting day.

All this becomes possible due to the emergence of online housing society management systems. The systems are smart, efficient and amazingly easy to use.

Housing societies are investing in multipurpose systems

From record-keeping to account management and utility bill payment to member self-help; the online society management system makes the things easy.

There is no need to spend hours in struggling with manual entries and heavy record books. Everything is there in the soft form. It is just a click away.

Gone are the days when hardly a few societies were using automated systems. Today, the majority of them seek the help of professional systems to manage the things.

You can get service providers on the Internet. It takes some efforts to pick the best one that satisfies the needs of your society.

Society management systems go mobile

When everything becomes mobile-driven, the housing society software also follows the trend. Today, you need a smart and sleek mobile interface to pay bills or launch the service request.

It moves the things faster, and society members find it highly useful. As the members get accustomed to the mobile interface, they can use it anywhere and everywhere.

Nowadays, housing society software india facilitate users to get a holistic view of their user account.

Accounting and finance modules take care of the financial transactions and book keeping. Document uploading becomes easy. The society can fulfill legal obligations and statutory requirements more systematically.

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Management of the housing society is made simple by society management software

The housing society you live can’t be managed using the old-fashioned ways. As the technology becomes advanced, you need to upgrade the ways and methods of doing the same.

By implementing fully-functional software for housing society, you can keep the things under control. It is a modular system that covers all operational and management aspects in your society.

You manage the things well and save on cost and resources. By providing easy t use interface, you decentralize the transaction processing method.

Thus, there is no unnecessary work load on the committee members. By providing self-help modules, the society management system makes every member responsible for his or her deeds.

What features should you look for while procuring housing society management system?

Since it is the backbone of operations and management in your society, it is very much required that you spend time in research. Check the functionality and offerings by several modules before you crystal down a product.

Here are some useful tips

Billing module: The module should calculate charges based on the definition applicable in your society. Calculation of dues, interest calculation and penalties and other charges should be calculated accurately. Make sure the society billing software is configurable and flexible to accommodate different heads.

Accounting module: Accounting module should give unlimited groups, subgroups and ledgers. Check the functionalities of cash book, bank book, journal, debit-credit note, bank reconciliation, etc.

Society administration module: Management of fixed assets, investment tracking, uploading of important documents, online facility booking (club house, garden or terrace) and s on should be available online.

Communication module: To receive complaints, suggestions, and requests through multiple channels such as email or SMS. Assigning tickets, managing queues, sending communication in the electronic format, mobile compatibility, etc. are a few critical aspects of member communication module.

Reporting module: When you search for housing society billing software, it is critically important to check the reporting functionality. See what transactional and MIS reports are there on the menu? Income and expenses report, trial balance, balance sheet, payments and receipts, outstanding report member wise, head wise and so on are a few examples.

Self-help module: Nowadays, people are more comfortable using self-help modules instead of being dependent on others. They want to manage their membership account, pay dues and get statements and report their own. When you buy management software, look into what is being offered by the system.

Choose the right system and manage operations smartly.

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Accounts and finance are the areas where automation helps greatly in the housing society

Do you think that a profound knowledge of accounting is required to operate housing society software? Not at all!

In the recent years, there has been a tremendous change in the structure of society management modules. They are more user-centric now, and there is a great emphasis on easiness.

Managing the operations and maintenance activities in a housing society is impossible without using a comprehensive society management module.

When you use housing society software in india, the workload of administration team reduces significantly.

Committee members get time to perform tasks that are more important than mundane operations.

When you are supposed to manage bulk, it’s good to automate it

Nobody likes to do repetitive tasks. It is quite boring. When you are an organizing member of the committee, you also don’t like it.

Let the housing society software manage these operational activities such as accounting and finance management. Yes, all this is possible when you install the accounting software for housing society.

As the trend of housing societies increase day by day, the demand for all-inclusive society management system increases.

You have a plethora of choices to choose from. Make a list of your priorities and match the functionalities of available options.

Look for additional features while making your selection. Apart from the basic functionalities, some unique and distinct features are offered by housing society management software.

Why does your society need society management software?

Those readers who live in small housing societies must be wondering about why people need housing society management software.

Well, in small societies where members are a few, you can manage everything using the basic automation. However, in large societies, it is not possible. There, you need residential apartment accounting software to manage the financial and administrative tasks.

In the growing culture of housing societies, it becomes a qualitative parameter to have a society management system. Marketing managers use it as the USP (unique selling proposition) in the popularity campaign.

It makes the transactions safe and secure. Since the housing management system is a workflow-based system with proper user hierarchy, it gives a secure, integrated platform. Members can use it without any hassles.

It gives easy interfaces to the users so that they can manage operational tasks easily. Automation of mundane tasks enhances work efficiency. The housing society management system is flexible and user-friendly.

Your housing society needs flexible and all-inclusive society management system so that it outshines in the competitive marketplace.

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Society Billing Software : A Talk of the Town

Why trust a manual accounting specialist when one can get a society billing software which is both effective and free from human errors. This software is custom made and all requisite accounting fields could be incorporated while designing it. It is well understood; a transparency in financial matters is very important and can avoid a lot of confusion and chaos it may create. Looking at the gradual shift in mind-sets of people who are practical and don’t trust anyone easily. All monetary and financial transaction must be communicated in sophisticated and accurate form of technology.

Almost all townships in metropolitan cities are heading towards this transformation of technology. With various laws amendments and tax introduction society billing software in Delhi and other cities has seen a drastic move. Let’s find out why this society billing software has become a talk of the town and a need of hour:

Such software can be installed in a one go and operations can be immediately begun without wasting much of a time.

All payment information will be intelligently tracked. The entire module is designed in a way that interest on every late payment are calculated and communicated well to parties involved.

They are designed adhering to all accounting complications and requirements. Thus flawless and updated information and calculations are encouraged.

Since a housing society is a combination of various different apartments to serve people from every walks of life. Thus some may require 1 BHK or other may settle for 3 BHK or even a pent house. And hence a different set of chargeable services come in to the picture. To keep a track of such payment individually for separate apartments become easy. This trend is popular in metro cities. Society management software in Mumbai has been adopted this technology whole heartedly.

When money is involved, some or the other default or a payment miss may occur. To rectify it and keep the payment track on, regular reminders are sent out to the members. This is important for smooth working of such software avoiding any kind of payment legalities. Considering such complications various Society billing software in Pune and other cities have welcomed the implications.

Tracking even a smallest movement and capturing any flaw and detail is easy. All posted dated cheques could be traced. Also all the receipts are available online and send on respective emails.

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Don’t choose a society billing software that is NOT GST ready!

Haven’t you implemented a full-fledged housing society billing software in your housing society yet? Well, it is very unlikely that you do not have in your society because managing the things manually is quite cumbersome.

However, if you are amongst the handful of people who still believe in the old styles, then it is high time you should change.

There is another very important thing. When you search for a new billing software module for society management, make sure it is GST ready.

Yes, the new era of GST has already begun from 1st of July. And mind it; there are several changes in the way you were doing the things earlier.

Hence, you should be extremely careful and skeptical while making the right choice.

Choose a package that is specifically designed for housing societies

You should pick housing society software india that is specifically developed for society billing and not general purpose software.

Do not make the mistake of choosing a pure accounting module as it may not have a few essential features that you need for society management.

Income tracking, calculation of penalties, sending reminders and seamless interface with payment gateway are a few things that you must look for.

It should detect the payment transfers, record it against the relevant payee and issue an acknowledgment automatically.

The human interference and intervention should be the least as it affects the accuracy of the system.

Excellent expense tracking

The society billing software you are going to deploy should be able to track the expenses well. There has to be a total transparency in the system.

Allocations of the budget under various heads, expense segregation, recording and tracking ad-hoc expense are some other important aspects.

In a good quality software module, you get the flexibility of importing and exporting data from different formats. It makes operations quite easy.

The reporting module of billing software is also very important. Your system should be able to give a whole list of reports (operational and MIS) so that you get a better control over the financial tracking.

Bank management and petty cash

Tracking of bank accounts and managing petty cash balance are also critical activities. They are made simple by your billing module.

By using it, you can track different accounts in one go. Tracking member and non-member income separately and tracking expenses against cash accounts and bank accounts become very easy. Make the tedious work of housing society management simple by leveraging technology.

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Understand the income tax liability for your society

If you are living in an old housing society, then you may have a better understanding of the various income tax liabilities.

However, if it is your first year in the new flat or apartment and you are part of the management committee; then it is very important that you have a fair idea about the same.

While you are sitting and reading this blog, you must be wondering why you need to bother about the income tax liabilities of your housing society.

Whatever income the society earns is not liable for income tax, and there is no need of filing the annual tax return rather!

Well, hold your breath while you read the blog further. NOT all types of revenues collected by a cooperative housing society are exempted.

It is the reason you need comprehensive housing society software to take care of all this.

Know your sources of income

Of course, it means the sources of income for your housing society! To your surprise, you have a long list of incomes. Here are a few for your reference.

Member’s contribution

It is perhaps the most familiar income when we talk about a housing society. You need money to manage the day-to-day affairs. Hence, you collect fixed money from all the members (annually or monthly).

The money comes in multiple heads, i.e. maintenance, municipal taxes, electricity, water charges, lift maintenance charges, sinking fund and repair fund, etc.

It is very much important to account every single penny as you have to assess the tax liability on it at the end of the financial year. To make it simple, you need accounting software for housing society.

Interest earned

You have various types of interest incomes in the society. It may be an interest charged by the members for outstanding dues. It may be the interest earned by the society on investments in the form of Fixed Deposits or other.

Every category of interest is treated differently by the Income tax rules. Hence, you should be very clear about it. By using residential apartment accounting software, you can manage it without an error.

Dividend

The dividend is fully exempted. Dividends that you receive from co-operative banks are also qualified for the exemption.

Rental income

Rental income is fully taxable. Your society management software takes care of it, but you need to configure it properly.

Deploy good quality software for housing society so that you needn’t worry about the accuracy of tax calculation.

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Versatile, comprehensive housing society management software makes the things simple

Integrated townships and ownership flats in the individual building are preferred by people in big cities and metros. As the scarcity of land increases further and property prices make new high year after year, everyone wants to have house owned by you instead of a rented one.

It is needless to say that managing housing society also becomes a furthermore difficult job. In a planned society where thousands of people live in hundreds of flats, you need a systematic, computer-controlled system to manage the stuff.

Housing society management software is an integrated module (Web-based or cloud-based) with several user-friendly interfaces. By using it, a housing society can carry out transactions effectively and systematically.

It reduces the dependency on human resources and increases accuracy. Society management software improves operational efficiency and reduces the risk of statutory obligation.

It is a multifaceted, multipurpose software program

Managing a housing society isn’t a kid’s play. It requires dedication and time-management. Also, it needs in-depth knowledge of Accounting, housekeeping, administration and much more.

With the advancement of technology, there are several choices available to manage the same electronically using housing society software india.

Modern comprehensive software solutions make it pretty simple. The appropriate software reduces the workload and keeps people free for handling further important tasks.

Financial transactions become easy and submitting statutory data doesn’t remain a pain. You can choose appropriate software from the long list of choices, based on your individual needs.

You need to choose the best software that is developed by experts who know the crux of it, end to end. Good software always offers these three critically important modules:

Management Module: The module takes care of operational responsibilities and manages heavy transactions by providing simple, user-friendly interfaces. It provides helpdesk, self-help module, parking and premises management, asset management, facility booking, etc. The objective of this module is to enable people to manage daily operations smoothly and easily.

Accounting module: this module manages all financial tasks. It carries out billing and accounting transactions, generated financial reports and provides accounting information to the relevant users. Predominantly housing society billing software automates financial transactions and makes the life quite simple. Without having profound knowledge of accounting, committee members can handle accounting well.

Community module: Administrators can handle loads of documents and share them with the relevant people. The module saves a lot of time and hassles of managing large societies.

Check these important modules before you finalize a society housing society accounting system.

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Buy smart and efficient society management software for better

What gives a thrust to the growth of urban population in India? Well, there are several factors for it. High standards of living, better growth prospects, good educational facilities and exposure to the best and the latest; these are primary reasons.

As the demand for good quality housing increases, it becomes inevitable to use society billing software for better management of housing colonies. As the space crisis increases, multistoried buildings and skyscrapers fulfill the need of better and more houses.

In big cities and metros, housing society management is more systematic and structured. People use new-age software modules to manage administrative and accounting tasks well.

Owning a house in big cities is a costly affair

It is a fact that buying a house, apartment or flat requires a big investment. When people buy properties by paying handsome amounts, they expect better management. It is impossible to do it manually. You must implement a versatile society accounting software Mumbai to achieve excellence in it. Housing

In every housing society, there is a management committee that takes care of expense payment, accounting, interest calculation and various other things.

As people working in management committees have other occupancies, they do not have sufficient time to spend on operational tasks. When you implement society management software Mumbai,things become pretty simple.

Since these software modules are targeted towards communities and housing societies of small and medium sizes, people find it useful.

Four applications of society management software

Society billing software Delhi is useful in managing four different ways.

Accounting: Accounting module has two different applications; for accountants and auditors. Data entry modules are easy to use. Even people with basic computing skills can use it for a double-entry accounting system.

Income and expense management system: You can keep a record of members who have paid the dues, not paid the dues and who are the defaulters? You must know about the details stored in the software module.

Communication: Changes made in the management system are informed by SMS and email system.

Billing system: Society billing software pune manages the tasks of book keeping, balance sheets and expense and income statement. It can manage complex society related data at a common place. It makes operational tasks easy and thus prevents disputes amongst society management committee and residents.

Professionally managed software modules reduce human intervention and bring efficiency in the system. New-age society management systems reduce statutory liabilities.

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Enhance efficiency by implementing society management software in your housing society

When you live in a large housing society, it is inevitable to use society software for daily operations. Since there are several users in the system, manual things won’t work.

Nowadays, you have a wide choice of systems with varied functionality. At times, it becomes tough to crystal down at one choice.

Before you go for a good society management software Mumbai, you must know in what way it can help in managing the day-to-day affairs. Fundamentally, there are four aspects of a system:

Accounting

Accounting always has two aspects. First is cash management and daily financial transactions. The second aspect is audit and accounts. A comprehensive billing and accounting management system manages it well.

It offers easy to use user interface and self-management portal. Users can log on to the system and manage the majority of the things of their own. They are not required to go to the society office for petty issues.

Those who have the basic computer operating skills can use the society accounting software Mumbai effectively.

Similarly, for the society management team, the Society billing software pune offers customized and readymade reports and accounting modules. They can handle the management and statutory aspects without any hassles.

Communication and flow of information

When a society billing system is used, it becomes easy to inform the members about the operational and accounting related things. Nowadays, they have fully-functional distribution system so that automated email and SMS can be sent.

Modern systems offer connectivity to social media channels as well. It makes the things pretty simple for the members.

Management Information System (MIS) and reporting

Reports are essential to know the pulse of the system. A billing software must provide detailed reports (transactional and MIS) so that each member gets the pulse of the financial condition.

Whether the reports are readily available or they can be generated on demand; concerned people always get the required information.

Statutory reports are mandatory for every society as they are to be submitted to the government agencies. A good Society billing software Delhi gives at-length reports of all types.

Qualities of good software

When you conclude with two or three software modules, check the following qualities.

Centralized data repository of data which can be managed easily.

Transparent operations and easy user interfaces

Reduced complexity of transaction management

Less human intervention and dependency

Compare your choices on the basis of predefined parameters and achieve the best society billing software out of it.

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Forget about the hassles of managing housing society, hire software today

Are you a resident of housing society? Are you in the management committee and finding the task of managing the taxes, bills, accounts and expenditures? Leave aside the tensions and worries. When there are several housing society management softwares available, why to do everything manually?

You have a long array of choices offering end-to-end services that help in taking care of the operational work. Since the software gives self-help portal, the residents can do the majority of the things online. For bill payment, maintenance payment, complaints and grievances; they are not required to come to the society office personally.

For you, the software offers functionalities that can carry out the management related work. You can manage accounts, taxes, legal obligations and statutory requirements by pressing a few clicks.

The software modules are useful for every user

When you live in a small society, the management is relatively simple. However, as the size of the society grows, it becomes tougher and tougher to handle the load. Especially, when the management committee is not dedicated full-time to the society, it becomes further difficult.

It is the reason; people prefer housing society billing software nowadays. With a robust framework to manage operational and managerial responsibilities, the Housing Society Accounting software makes the life quite simple. Residents get automated intimation, they can manage the things using online login, and getting report is as simple as ABC.

Accounting, reporting or day-to-day operations; anything can be handled using software solution. Not only it saves time and improves performance, but also brings transparency in the system.

Modules of society management software

Robust housing society management software has a list of modules to help people in daily affairs.

Resident self-help module

People can manage bill payments, recharges and other things. They can generate account statements for self. This module reduces the need of visiting society office now and again.

Complaint management module

Residents can register complaints using the online module. Since the software uses automated workflow based system, the complaint gets escalated to the relevant people. There are automatic alerts and notifications.

Accounting module

It performs all accounting related transactions.

Reporting module

You can generate the whole array of reports using this module.

Legal and statutory affair module

This module helps in managing legal and administrative agencies.

Easy to use society management software takes care of operational and other things in the housing society. It is reliable, simple and highly effective.

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Choosing housing management software? Here are some valuable tips

In the year 2017, take the resolution of becoming techno-savvy and implement versatile housing society software in your township. Yes, when the whole world marches ahead in the technology front, why should you be laggard?

You are not a full-time member of the management committee in your society. You devote personal time on the weekends or in the evening for managing the things. Hence, it is highly important that you do it efficiently and effectively.

Implementing full-fledged housing society accounting software is a brilliant idea because of two reasons. Firstly, it makes the work easy and fast. Secondly, it brings transparency in the system.

Factors to consider before buying society management software

When you invest in society management software, it is critically important to choose the best one in the market. It is a single-point solution to all the problems. Here are some tips to decide the best one:

The number of apartments/housing blocks is the first thing to consider. In fact, it is the highest influencing factor. In small societies or localities, you can manage with small, limited-functionality software. However, for large societies, you need a comprehensive one.

User management module should be easy and understandable. When you automate the task of society management, the residents should not feel a need of visiting the society office for small things. They should be able to see their account, manage payments and log complaints.

From the technical angle, you should prefer a software module that is lightweight and easy to install. You should not need costly hardware for it. The software should be portable, expandable and flexible. Choose web-based module which you can access from anywhere.

Robust user management and security are two critical aspects. Access-based user management and secure transaction processing are the basic needs today. The software should use modern data security protocols.

Buy the software from reputed, recognized vendors. There are several software modules in the market, but the housing society software india picked by you should be the best in the niche.

Speed matters! You should ask the transaction processing speed before finalizing the product. Users are not required to spend a lot of time in making online transactions. Otherwise, it loses the purpose.

The vendor should give updates and enhancements time to time. You should use the latest version always.

Spend sufficient time in research before you crystal down to a suitable society management software.

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Want a peace of mind while managing housing society? Automate is today!

Housing societies are managed by management committee comprises of the residents. Since they do the work voluntarily and don’t get any remuneration, the approach should be to make their task simple and less cumbersome.

Managing the housing society is a multifaceted task where management committee needs to handle legal, financial, housekeeping and administrative tasks. They are supposed to do user management, resource management, and people management. If everything is managed manually, then it becomes a full-time responsibility. Hence, you need a housing society management to make the life simple. It is an inclusive system that can perform a plethora of activities on your behalf.

A whole list of benefits brought to you by society management software

As discussed earlier, the task of society management is quite a complex one. Hence, you need a comprehensive system. Thankfully, housing society software analysts and developers always keep a close watch on the changing needs of users. Hence, they keep on improvising the system perpetually.

Improved system safety and security

Ease of work for every committee member

Top quality of service to the users

High cost-effectiveness because of better utilization of resources

No need of doing the work manually

Single-window solution for everything that is needed to manage a society

User-based access control and privilege

Implement fully-integrated software for great work efficiency

The quality of service you offer to the residents of the society depends on the level of sophistication offered by the system that is used. When you buy a mediocre system that provides a limited functionality, several things are required to be done manually. The system doesn’t integrate seamlessly with other peripheral systems. There is always a possibility of data inconsistency and ambiguity. Hence, you should choose a versatile and modern online housing society management that makes the things simple.

Nowadays, audit norms have become very stringent. Societies are supposed to keep the record of every transaction. A number of statutory reports need to be submitted to the local authorities. All this is not possible if you manage everything manually. You need a proper housing society billing software. It automates the majority of the work and offers self-help module to the residents. From accounting to user management and from utility bill payment to taxation, everything is made available to the users. The modules are available online. Hence, users can use it at their convenience; anytime and every time.

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Stop receiving cash payment; use Society billing management software to make it online

The world is going cashless because there are several benefits of it. When you manage the administration in your housing society, how can you entertain cash-based system? If you are doing it because there is no automated system, then you must call a renowned company that offers a comprehensive society billing software for small, medium and large housing localities.

It is not a great thing to follow stone-age methods in the modern era. Let your housing society set new standards of efficiency and user-friendliness by implementing society management software Mumbai. It not only makes the routine operations but handles a long list of administrative and managerial things.

What can be managed using society software?

Several online and offline activities can be performed automatically and accurately when we use society billing software.

Raising bills on society members (periodically or as and when required)

Society accounts management

Interfacing with auditors

Quarterly TDS calculation and filing returns, preparation of TDS Certificates

Service tax calculation and filing returns

Managing books of accounts like ledgers and balance-sheets

Bill raising in predefined format

Cash-book maintenance, bank reconciliation

Receipt printing, payment management

Income and expenditure statement

Member’s statement, trial balance

Additional tasks

When you implement a comprehensive Society billing software pune, it makes the life simple by managing many other sundry tasks other than core billing and accounting. For example, you can define and amend model bye-laws of the society. You can manage customized service modules and obtain TAN Number or PAN Number.

Member management becomes incredibly easy when it is done using an automated system. The self-care module enables the members to perform several things personally without depending on others. Profile management, utility bill payment and printing of invoice are to name a few.

Everything you need to run the society is offered by the software

A full-fledged Society billing software Delhi brings everything that is essential to run the operations. Accounting and management become quick, simple and easy. The software is much more than software; it is a complete system.

You can either access it online or install on the system, it depends on the type and complexity of it. The system offers an immense flexibility of managing the society, members, and accounting. Use of system offers transparency and easiness of operations. The granularity of user control is offered by good quality software systems. Periodic upgrade and version control is offered by vendors to keep it usable and relevant.

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Do not manage loads of cash in the housing society software; makes it cashless

Cashless is the buzzword today in our country. Every business is struggling hard to get adjusted to the new era of digital transactions. If you are managing a big housing society, then it is a high time to come out of the conventional thinking. Accept the reality today and switch to a smart housing society management software. It makes the things pretty simple and most importantly, it relieves you from the headache of maintaining loads of cash.

Since housing society has some special requirements, it is not possible to implement any off-the-shelf ERP system. It should be developed as per the requirement specification. If you ask software experts, then they vouch for comprehensive software for housing society instead of a simple accounting module which focuses on the cash inflow-outflow only.

It is a fact that it is a really tough job to handle the management in a housing society. Not only it is a thankless job, but also puts a tremendous responsibility on the shoulders of the committee members.

Conventional way of managing a society becomes outdated today

Earlier, the size and magnitude of housing society were quite limited. Hence, it was possible to manage the things manually. Today, there are huge housing societies with thousands of flats. Hence, implementing a comprehensive housing society accounting is a necessity.

People are more techno-savvy today than earlier. Hence, they expect smart ways of paying the dues. They hate standing in a queue for paying water and electricity dues, or property tax.

Which accounting software for housing society is the best?

When you search for the accounting software that fulfills your requirements most, check for these

Easy setup and installation: Software should be lightweight and easy to install. It can be installed remotely by logging in to the website of the vendor.

Pay for the features you subscribe for: It should be modular where you need to pay for the features you subscribe for. You don’t need to pay extravagantly for features that are irrelevant to you.

User-friendly: The software should be easy to use for all, technical and non-technical users.

Customization: When you need customization, it should be available at affordable rate. Also, the time taken for customization should be less.

User support: Make sure you get round-the-clock user support. Also, all possible modes of communication should be available (Email, phone, and chat).

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Swachcha Bharat movement, how can society management software help to it?

When we say Swachcha Bharat movement is for Clean India, how can we forget our housing society? Yes, we know that you have the best cleaning service in your housing society. Housekeeping staff comes early in the morning and makes the premises clean. You pay handsome maintenance costs every month for it. However, there are several societies that do not care about cleanliness. They do it on the ad-hoc basis because they find it quite difficult to manage.

It happens because they don’t have society software in place. They manage everything manually. Hence, there is no control on operational activities such as cleanliness. Wherever societies manage it using some software, things become quite organized.

How does online society maintenance software help?

Software for housing society is developed with the basic objective of providing a better interface to the residents of a housing society. When you live in a huge residential complex with multiple towers and hundreds of apartments, the number of residents is in thousands. Do you think it is possible for anyone to manage the things manually? It is more than impossible. You need smart and efficient e society software that is available and accessible from anywhere. People can do mundane operational things such as paying a utility bill or maintenance from their home or office. There should be no need of coming to the society office and waiting for their turn to come.

How does it add value to maintain cleanliness?

Smart housing society management software nowadays has several modules. The housekeeping module offers facilities such as scheduling the frequency of cleaning, calling the cleaning staff on the ad-hoc basis, etc. It also helps in managing the rotation of staff, keeping the shift roaster and many other options.

When you find that your apartment or premises or play area is not clean, you need a smart way to seek for help. Though there are helpline numbers in the intercom service, it becomes very easy and convenient if it is available on mobile phone. With new-age society management software, it is very much possible. Log on to your member profile and register your complaint or requirement. It will be sent to the respective person who is in-charge of cleanliness. Isn’t is easy and fast?

Don’t let your housing society be laggard in using modern technology when there are modern amenities in your society. Keep the society clean and give your contribution to the Swachcha Bharat Mission.