Society Maintenance Bill

Maintenance Charges Bills on regular periodical basis or for specific purpose / Debit / Credit Notes can be generated with ease. Interest and / Penalty can be charged for delayed payment .Rebate can be given for prompt payment, as per regulations lay down by the Society.

Maintenance Bills can be generated for any period.

Rates must be defined on basis if that System will calculate the maintenance charges under different heads and for different types of premises.

On different parameters Maintenance can be Charges which are stated as below :

Area
Equal to all
No of Taps
List
ETC

Interest policy can be defined :

Simple
Compound
Interest is charged Bill to Bill [A unique feature]

Rebate Policy can be defined :

Fixed Amount
Based on area
As a percentage of maintenance charges under defined heads
As a percentage of payment received

Penalty Policy can be defined, based on :

Arrears exceeding a fixed amount
Arrears exceeding number of bills

Can be a percentage of outstanding amount
Can be a fixed Amount

Additional Bill for areas such as Terrace / entresol Floors, etc can be added to bill :

On Fixed Amount basis
On the basis of area
As per Rules Lay down by society

Separate bills can be generated [Supplementary Bills] to meet any project cost for a restricted period :

Can have a separate interest policy
Can have a separate Rebate Policy
Building wise / wing-wise rates can vary

GST Compatible

Define GST categories and rates for various services
Define GST exemptions
Master to be set up for member for multiple premises to meet GST exemption definition
Raise Tax Invoice [for taxable items] and Bill of Supply [for non taxable and exempt items] separately
Charge interest with GST ( payable on receipt ) on Tax invoice arrears and charge Interest without GST for Bill of Supply arrears. ( unique feature) that will meet GST provisions in toto
GST returns data list