ADDA becomes one stop solutions provider for all needs of a housing society with the launch of ADDA Accounting Service Partner Network (AASPN). There has been a trend of using offline software like Tally by CA’s and accountants for managing the accounts of multiple housing societies. But, we are in times of change and with digitalization and AASPN now CA’s and accountants can grow their business by managing the accounts of housing societies online from any part of the world.
The new service from ADDA will cater to all chartered accountants and other accounting professionals who manage multiple housing society accounts. The idea behind this concept is to create a swift and simple accounting process. This fully automated online tool will allow accounting professionals to manage multiple society accounting completely online leading to fast and hassle-free account management of housing societies.
One of the greatest assets of using the Accounting software is that it can be accessed from anywhere. With the nature being online, accountants and managing committee members can now access the accounts of the housing society while on the go. The software also offers 100% automated invoices and for year-end closing, you have automated entries too. One need not worry about the privacy and security as the data Centre is equipped with SSL security.
Some of the other features of the online accounting software include:
- Easy for accountants to understand and get desired Reports
- Readymade Flat-wise sub-ledger
- Automatic Due Generation for Flats
- Account Statement for each house
- Late Payment Interest calculated Automatically
- Automatic Allocation of Collections to Invoices
- Reports can be Published at a mouse click
- Custom-built for Apartment Owners Associations
San Banerjee, Chief Executive Officer, ADDA stated that, “With this service, one can do complete accounting online from generating invoices, pay through payment gateways, track defaulters, track expenses and finally draw financial statements for auditing. More than 350 societies in India are already doing accounting on ADDA.”
So if you are a Chartered accountant or an accounting professional who wants to grow business by managing more housing society accounts, become a part of the ADDA Accounting Service Partner Network, meet us for a free demo soon! You can also drop a comment below and someone from our team will get touch with you.