CreSOC is the one of the most trusted products in its category.Theapplication fulfills
all of the requirements of Credit Society. This is a banking application – not merely
an accounting application. The application is very User Friendly and is having a
lot of security measures that almost nullifies the possibility of any fraud.
- Account head / group creation.
- Members creation
- Fixed deposit, Recurring deposit account creation
- Loan Entry
- Offices / Division creation
- Cash transaction
- Transfer transaction
- Regular member deduction entry
- Authorization of cash / transfer / regular member transaction
- Interest calculation
- Lien creation in case of Loan account
- There are lot of Reports / MIS being generated from the application :
- Account Head wise member ledger / statement – selection of period and for a range
of specified members.
- FD printing; Share Certificate printing
- Cash scroll
- Transfer scroll
- Day book.
- Supplementary of Day Book
- Trial Balance
- General ledger
- Abstract of GL (i.e. Balance Sheet)
- Profit and Loss statement
- Member transaction details
- Member deduction details
- Head wise House Keeping
- Provisional interest calculation / interest statement
- Over due register
- Member register
- FD/RD due date diary
- Guarantor register
- Disbursement register
- Transaction once entered, cannot be deleted or modified – it can either be authorized
- User cannot change date of transaction.
- Once user completes the entry of a day and executes day-end process, user cannot
make any entry for the same day or any of the previous day.
- Once Day-End procedure is executed it generates key – which is always different,
the application cannot be opened without that specific key.
- Different users can have different privileges and depending upon privileges given,
user can work in the specific module.