Financial Management System
Credit Co-Operative Society Software developed by Vaibhav Infotech built especially for Credit Cooperative Societies Jabalpur with automatic posting of business data to accounts module. Credit Cooperative Societies software with core banking operations such Fixed Deposit, Recurring Deposits, Daily Deposit Schemes, Loan to Customers, Monthly Income Schemes, Dividend declarations etc. Credit Co-Operative Society Software handles the Members details, all Saving A/c, Current A/c, FD A/c, RD A/c, and DDS A/c. Credit Co-Operative Society Software handles management of Cheque book, Pass book and Bond. Credit Co-Operative Society Software handles all kind of Loan operations, printing Loan Ledger, Automatic Interest Calculations.
Credit Co-Operative Society Software has integrated General Accounting Module with Cash-Bank Book, Journal Entries, General Ledgers, Trial Balance, Day Book, Fix Deposit, Profit and Loss Statement, Balance Sheet etc. Fully secured database with role based security implementations.
A cooperative or co-operative (“co-op”) is an autonomous association of persons who voluntarily cooperate for their mutual, social, economic, and cultural benefit. Cooperatives include non-profit community organizations and businesses that are owned and managed by the people who use its services (a consumer cooperative) or by the people who work there (a worker cooperative) or by the people who live there (a housing cooperative), hybrids such as worker cooperatives that are also consumer cooperatives or credit unions, multi-stakeholder cooperatives such as those that bring together civil society and local actors to deliver community needs, and second and third tier cooperatives whose members are other cooperatives.
A cooperative is a legal entity owned and democratically controlled by its members. Members often have a close association with the enterprise as producers or consumers of its products or services, or as its employees.
Vaibhav Infotech has been working in software development since last 10 years.
In that period we have design lot of websites & software, “Cooperative Society” is one of them. Before developed that our experts research on that in very deep and understood the concept also. After more research on that we started the work to develop the “Cooperative Society” software. Our team thought that lot of limitation in window base like core banking; real time updating is not available etc, so we decided to develop that application on Web.