Cooperative Society Software Video for Accounting

This video explains about accounting features of SNS Credit Co-operative Society. Video has following important information:

  • Cash Book: Through this feature society can find out all the cash transaction on a particular date in particular branch.
  • Trial Balance: Through this feature can find out all the general ledger transactions during certain period. This is really important report by which management can see consolidate report at anytime for any duration so can measure the current status.
  • Cheque Clearance: Through this feature can find out status of not cleared cheques. Whenever society receives any cheque, it goes to bank for clearance. If it does not get clear then admin make an entry with reason why cheque has not cleared. So through this management can see list of all the not cleared cheque.
  • Fund Transfer: Through this feature can transfer fund from one branch to another branch or from Head office to branch or branch to head office.
  • Profit and Loss statement: Through this feature can find out all the income and expense transactions during certain period. Then calculate net profit /Loss. While in trial balance can see all general ledger transaction but in this only income and expense ledger transactions.
  • Maturity: Through this feature can find out all the accounts (RD, FD, Bond etc) which got mature but still payment has not been made to the member. So management can have list of pending payments for a particular branch.

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This video provides an overview of the powerful accounting features included in the SNS Credit Co-operative Society Software. These features are designed to simplify financial management, ensure transparency, and provide real-time insights to help societies operate efficiently.

Discover Complete Accounting Solutions for Your Society

Key Accounting Features Explained in the Video

Cash Book

Track all cash transactions for a specific date and branch. This feature allows societies to maintain a clear record of daily cash flows.

Trial Balance

View all general ledger transactions within a selected period. This consolidated report helps management measure financial health at any time.

Cheque Clearance

 Monitor the status of cheques that are pending clearance. If a cheque is not cleared, administrators can record the reason, giving management a clear list of outstanding cheques.

Fund Transfer

 Transfer funds seamlessly between branches, or from head office to branch and vice versa. This feature ensures smooth inter-branch financial operations.

Profit and Loss Statement

Analyze income and expense transactions over a chosen period to calculate net profit or loss. Unlike the trial balance, this focuses only on income and expense ledgers.

Maturity Management

Track accounts such as RD, FD, and Bonds that have matured but remain unpaid. This ensures management always has visibility on pending payments for any branch.

The SNS accounting module reduces manual effort, eliminates errors, and empowers societies with accurate financial reports. From day-to-day bookkeeping to high-level decision-making, these features are tailored to meet the specific needs of credit co-operative societies.

Watch the Accounting Features Video and see how SNS makes cooperative accounting simpler, smarter, and more transparent.

Why These Features Matter