Most of the co-operative society has financial operation as well as membership database management. When member size increases its financial information management becomes tedious job. Our software will manage all membership and financial information easy and smooth way as like banking software done. It has integrated accounts that will produce profit & loss report, balance sheet, member deposit, due, ledger, and cash book. Member will get SMS notification when amount deposit or withdrawn. Members can online access their transaction login in with username and password like online banking.


Co-Operative Society Financial Management

  • Co-operative Society manages each member as like bank operate each account holder’s account information.
  • Our system keeps member detail information including nominee details, Documents like NID, Pictures and other necessary information.
  • System can manage each member account information able to generate account statement like bank do for each account holder.
  • Each member can login to the system and able to view his/her account statement and other personal information.
  • We can enable online payment mechanism so that member can deposit payment from home using credit card, debit card, mobile banking (bKash, mCash, etc.).
  • When online payment done member’s account deposit will be auto update and SMS notification will go to member’s mobile number.
  • Integrated accounts mange all accounts like cash flow, income, expense, liability
  • System generate monthly bill and payable due amount for each member.
  • System will send SMS notification to member’s predefined mobile number when payment received or due bill notifications as Bank are doing.
  • System’s inbuilt reporting mechanism keep the owner always up to date with business money flow. It shows business overall snapshot instantly. System instantly says how much receivable money from members, how much payable to supplier and how much asset valuesand liabilities have for the company.
  • System can instantly produce balance sheet, profit and loss, client ledger, account ledger, expense, income statement etc.
  • There is a scope to send summary reports to top management via email or SMS that ensure business snapshot over time.
  • Through the system sales invoice, money receipt can be produces and deliver to client by printing or by email. When payment confirm and SMS goes to client mobile through the system.
  • Its integrated accounting follows all standard accounting principle that manages by dual entry system.
  • The application is very easy to use and understand. There is no need huge training to know Dr., Cr. mechanism of accounting system.
  • Anybody who has basic computer knowledge and understand from head, and to head transaction can use our accounting system. Rest of the things will do software system to generate all complex reports.
  • Accounting voucher entry form will produce all necessary reports like bellow:
    1. Account head Ledger Report
    2. Payment Voucher
    3. Receipt Voucher
    4. Cash/Bank Flow Report
    5. Member Ledger Statement
    6. Employee Ledger Statement
    7. Payable Report
    8. Receivable Report
    9. Income Statement
    10. Expense Statement
    11. Trial Balance
    12. Profit & Loss Report
    13. Balance Sheet Report
    14. Various accounts statements for better finance management