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our solid background in Housing Society Accounting

Cooperative Housing Society Accounting Services

Our range of services includes:

We offer comprehensive housing society accounting services, covering every aspect from meticulous data entries and proficient bookkeeping to efficient bill collection and the production of comprehensive financial reports. Our dedicated team for society accounting comprises seasoned cooperative society consultants, legal advisors, and experienced society managers. This ensures not only legal accuracy but also thorough documentation, preparing the housing society for the future while effectively managing its finances.

1. Monthly/Quarterly Computerized Members Contribution Bills:
• Accurate and timely generation of contribution bills for society members, ensuring transparency and ease of financial tracking.

2. Monthly Computerized Receipts:
• Efficient processing of receipts for the amounts received from society members, maintaining a clear record of financial transactions.

3. Members Collection, Receipt, and Outstanding Statement:
• Monthly tracking and reporting of members' contributions, receipts, and outstanding balances to keep the society and its members well-informed.

4. Cash Book and Bank Book Generation:
• Thorough and organized record-keeping with the generation of cash books and bank books, providing a detailed overview of financial transactions.

5. Members and General Ledger Generation:
• Systematic creation of members' and general ledgers for a comprehensive view of financial activities within the housing society.

6. Trial Balance, Income & Expenditure, Receipts & Payments, Balance Sheet:
• Preparation of key financial statements, including trial balance, income and expenditure statements, receipts and payments reports, and balance sheets for a holistic financial overview.

7. Finalization of Accounts at the End of the Year:
• Detailed scrutiny and finalization of accounts at the close of the fiscal year, ensuring accuracy and compliance with accounting standards.

8. Other Accounting Requirements as Per Need:

• Customized accounting solutions based on specific needs, ensuring flexibility and responsiveness to the unique requirements of each housing society.

Additionally, we offer specialized services in taxation:

Audit Services