HOA Reserve Fund Accounting Guide for Indian Societies
A reserve fund HOA plan helps a Homeowners Association (HOA) save and track money separately for major repairs, ensuring residents...
PublishedCategorized as Accounting Management
Category: Accounting Management
Guide to Automated Society Maintenance Bill
An automated society maintenance bill system helps Indian housing societies calculate monthly maintenance charges without manual work. It applies the...
PublishedCategorized as Accounting Management
Financial Statements of Cooperative Society
The financial statements of a cooperative society are some of the important documents that present the financial status and activities...
PublishedCategorized as Accounting Management
Final Accounts of Cooperative Society
The final accounts of cooperative society refer to the set of financial statements that summarise a society’s performance and position...
PublishedCategorized as Accounting Management
GST on Apartment Maintenance Charges: Rules & Calculation
Co-operative housing societies register as individuals to collectively develop land for residential purposes. These purposes include the construction of apartment...
PublishedCategorized as Accounting Management
Role of an Accountant in a Housing Society
Every housing society needs transparent and accurate financial records. When you explain the role of an accountant in society, you...
PublishedCategorized as Accounting Management
Non Payment of Society Maintenance Charges- Laws and Recovery
Non-payment of society maintenance charges is a common and persistent issue in housing societies. Some members delay or refuse to...
PublishedCategorized as Accounting Management
Guide to GST Invoicing for Housing Society
When the GST came into effect in India, it replaced a mix of different indirect taxes with a single system....
PublishedCategorized as Accounting Management
TDS on Housing Societies: Rules, Rates and Compliance
Tax Deducted at Source (TDS) is a system by the Income Tax Department to ensure taxes are collected at the...
PublishedCategorized as Accounting Management, Rules and Regulations
Cooperative Society Accounting: Issues & Best Practices
In India, cooperative societies need to keep clear financial records according to the Societies Registration Act 1860. Many societies find...
PublishedCategorized as Accounting Management