The rise of the sky high buildings and huge societies has made it essential to have a full time manager. However, a major portion of the manager’s time is consumed in handling routine billing affairs and related disputes arising out of it. Just imagine, you have 60-100 flats and even more in your society and you not only have to punch in the maintenance and utility charges for each and every flat manually, but also calculate penalty for late payment and interest charges for prepayment! Wouldn’t it be easier if there was a housing society accounting software that took care of the routine task?
The numerous benefits of installing housing society software are listed below:
Makes routine tasks easy and saves man hours
Improves accuracy in computing
The society billing software can send bills and receipts directly via email, thereby saving time, energy and paper.
Facilitates easy printing of invoices in bulk
Makes it easy to report delayed payments, defaulters list and more
Enables sending automatic reminders to defaulters via email and SMS
Offers flexibility to add new expense heads such as “Special Repairs fund’, which may be permanent or temporary in nature
Complete flexibility to make manual changes if needed
Easy interface with Tally, Excel
Super easy to migrate
Anyone can use it even if they have no accounting knowledge. The software comes inbuilt with accounting standards so it will help you take care of the mandatory requirements e.g. Service tax to contractor
Reports generated using software creates confidence into the users, compared to manually created reports in which chances of generating errors are more.
The benefits of the
society billing software are immense. If you want accuracy and ease in maintaining society accounts, housing society accounting software is a boon!
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