India’s 1st App for Management Committee now in iOS too!
Dear iFans, here’s some great news for you! ADDA Admin App is now available on iOS too! It has a superbly designed UI, it is blazing fast and it makes…
Read more »CTS 2010 Standard Cheques
Dear ADDA Treasurers, RBI is mandating the use of new format Cheque leaves – known as CTS 2010 standard Cheques from 01-Jan-2013. UPDATE ON 19-DEC-2012: RBI has now extended the…
Read more »Role of Tenants in Society Accounting
What is the direct role of tenants in society accounting? Can the Housing Society levy charges directly on them? Or does a society accounting system only accounts for permanent owners?…
Read more »NOC for Housing Society Accounting – What is it?
Many Societies charge a Non Occupancy Charges for Apartments that are rented. These charges involve NOC for housing society accounting and are made part of the Monthly or Quarterly Invoices…
Read more »Asset Tracker Enhanced to Track Inventory
Dear ADDA Admins, The Asset Tracker has been upgraded to track Inventory as well. Now you can track the inflow and outflow of any inventory that you are interested in…
Read more »LIVE view of Late Payment Interest
When you view the Account Statement of the Resident, you will be able to view the Late Payment Interest Accrued since the last Invoice posted. The Resident can also view…
Read more »NetBanking for your Association Bank Account
Are you – as a Treasurer or Executive Committee member – looking at an alternative way of paying the Vendors other than Cheque payments. Most banks allow Association Bank Accounts…
Read more »Bye-Laws for Apartment Owners Associations
As Per the Karnataka Apartment Owners Act, the purpose of the Bye-Laws and the norm of framing them are as below . (1) The administration of every property shall be governed…
Read more »Expense Tracker Enhancements
Dear ADDA Treasurers, apartment billing software The Expense Tracker (part of Premium PRO & Premium LITE Accounting packages) just got a tremendous face lift. Here are the differences you will…
Read more »Bookkeeping Requirements in Society Accounting
The guideline for Bookkeeping requirements for Apartment Owners Association is detailed in the Societies Act (1960), and some of the specifics about Common Profit & Losses are outlined in the…
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