Credit Society Accounting software (CSA) is useful to the societies and organization which has the activities of giving loans and deposits to its members and shareholders. CSA software from SoFTEASY has its exclusuive features and controls of loans and deposits. One can easily keep the tracks of records and the software supports the users by giving timely reminders and pop ups for the defaulters of depositers and loaners.
The in build features of this software is one has to give a unique membership to its memebers. This membership is an identity of that person. The identity helps the software in remembering the name of the person and all his history in the software like his transactions, reports, sponsors of new members, and with this membership one can see his reports that how many deposits he has paid and about his instalments of loans.
There is another feature in build in the software is of withdrawls. There are two types of withdrawls one is personal withdrawls through cash or bank and another is of transfer of deposits to loan instalments. If a person wants to tranfer his deposits for paying of his loan instalments he can do with the help of tranfers through Journal Voucher without effecting cash or bank and for that the per requisite is that his deposits accounts should be more than loan instalments.
To know the history of records of that particular person one has to go to Reports and Passbook, here one can see all his transaction in the form of deposits, loan figures, outstanding loans, shares and monthly deposits. To take a loan from the society one has to fill up the form with the two security person's name as a guarantor who must be the members of the society.
The effects of all the transactions whether in cash or bank, all the expenses and Deposits, investments and liabilities incurred by the society are all reflected in the financial statements like (P & L Account and Balance sheet). The accounts figures and ledgers as well as all MIS Reports related to the society is in build in the software. One can get breakups of all the monthly deposits as well as loans in the reports.
For more plz refer to our screen shots www.sahiwala.com/credit_society.html or mail us at info@sahiwala.com
