Services we Offer !!!

Annual Budgeting : Budgeting is very important which is closely related to the entire years planning, last financial year spending trends and also plans of reducing monthly expenditure. Even though it sounds simple but this aspect needs most meticulous job of evaluating last year costs and way forward. We ensure the near best budget with keeping track of all expenditure movements.

Maintenance Management : Raising Invoices is as important as breathing. A co-operative housing society needs constant flow of funds to maintain the property and cover ongoing costs. This is closely related to the annual budget but has micro angle as many aspects are gathered in monthly cost sheet and gets captured in quarterly invoices raised. We will help with a seamless process.

Income & Expenditure Statements : Furthermore, to break in down, day to day expenditures, maintenance collection, outgoing costs, incoming revenues. All these minute data are captured in your Monthly Income & Expenditure Statement. This is a bible to the managing committee. This is also a mandatory file for treasurer to maintain as per Bye Laws at Society office.

Bank Reconciliations : We all know the term “Suspense”. Till the time suspense is credit there is no worry, but the moment there are debits in your suspense account, that creates a noise within. It is very important to constantly keep your Bank Statement reconciliation up to date, which further accumulates to form the Income Expenditure Report. Delays cause huge pending data.

Corpus & Savings : Imagine hypothetically, in the annual budgeting you have considered all expenses and also future expenses. What happens when there is an unwanted big expense which you did not account for. This is where planning and building Corpus is very important. It shouldn’t simply be a case of income equalling expenditure – there should be always a little extra, which becomes the savings.

Others (AMCs, Audits, Accounting) : There is no end to work when it comes to Managing Committee’s role in a co-operative housing society. AGM, Audit, Accounting, AMCs etc and the list goes on. We can help you with all the above as additional services. Surely keeping clarity utmost important our role will be suggestions and advisory. All primary decisions will rest with the MC and Chairs. We will surely show the road map.