Billing, accounts & bank reconciliationबिलिंग, हिशेब व बँक जुळवणी
The treasurer's year — bills, receipts, reminders, the bank, the funds, the statements for the auditor by 15 May — on the same books the auditor will read.
Money by the bye-lawsउपविधीनुसार हिशेब
The 106C-12 apportionment engine, GST rule, 12 % interest cap, fund accounting, receipts, bank import and BRS.
- Charge heads on their statutory basis: equal per flat, carpet area, inlets, the wing's lift, general-body rate Built · Rule 106C-12 · BL 66(a)
- Bill runs posting one journal per bill; receipts allocated oldest-first; defaulters register Built
- Simple interest on arrears at the society's rate, never above the cap, none within the payment period Built · Rule 106C-12 · BL 72
- GST: ₹7,500 per member per month test and ₹20 lakh registration threshold, entire-amount rule by default Built · GST
- Fund accounting: each statutory fund its own ledger with matched investments; I&E, R&P, balance sheet, Form N; year-end close Built · Rule 62 · Rule 106C-11
- Bank statements (CSV, Excel, PDF) matched to the books; receipts from bank lines; bank reconciliation statement Built
- Auditor read-only login Built
- Online payment by UPI and gateway; TDS under the Income-tax Act 2025; Tally export Before pilots · IT Act 2025
| Head and basis | Amount |
|---|---|
| Service chargesEqual per flat · BL 66(a) | ₹2,400 |
| Property taxAs levied by the corporation · BL 66(a) | ₹1,150 |
| Water chargesBy inlets in the sanctioned plan · BL 66(a) | ₹380 |
| LiftEqual among flats of the wing it serves · BL 66(a) | ₹450 |
| Repairs & maintenance fund≥ 0.75 % a year of construction cost · BL 13(a) | ₹620 |
| Sinking fund≥ 0.25 % a year of construction cost · BL 13(c) | ₹210 |
| Education & training fund₹10 a month · Rule 106C-7 | ₹10 |
| Non-occupancy charges (flat let out)10 % of service charges only · s.79A order 1 Aug 2001 | ₹240 |
| Interest on arrearsSimple, ≤ 12 % a year, none within the payment period · Rule 106C-12 | ₹0 |
| Total for the month | ₹5,460 |
Sample flat, illustrative amounts.
The bank statement, reconciledबँक विवरण, जुळवलेले
Upload the month's statement — CSV, Excel or the bank's PDF. SocietyAxis matches each line to the books, suggests the member behind an unmatched credit and learns the payer's name for next time, turns bank lines into receipts, and prints the bank reconciliation statement.
- Duplicate lines recognised across overlapping statements
- Two-pass matching: exact references first, then amount and date
- Bank reconciliation statement as a PDF for the auditor
Statements for the auditorलेखापरीक्षकांसाठी आर्थिक पत्रके
Income and expenditure, receipts and payments, the balance sheet and the Form N pack with its schedules — ready within the 45 days the bye-laws allow, and handed over through the auditor's own read-only login.
See it on your own society's data
A demo takes 30 minutes on a phone or video call, in English or Marathi.