Technix Cooperative Account Management System
A cooperative ("coop") 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.
TECHNIX-COOPERATIVE ACCOUNT MANAGEMENT SYSTEM (T-CAMS) is a software solution for Cooperative Society, Micro-Financing Organization or companies dealing with Member Registration, Share Allotment, Account Opening, Deposits, Loans, Interest Calculation, Fixed-Assets, Member List, Shareholder List, Account Statement, Member Statement, Ledger, Expenses & Income, Balance Sheet and Profit & Loss Account.
Book-keeping will be easier by just maintaining each transaction with a very simple entry. The software is also able to handle Group Transactions, which would occur when the group representative or accountant would come to the office to make monthly payments and deposits. These transactions are approved or verified by the proper authority – before the transactions are recorded permanently.
T-CAMS increase the working efficiency and decrease the work load. T-CAMS generate range of reports in PDF and EXCEL formats that can be Printed, Delivered, and Stored. These reports are also accessible from various platforms.
On using T-CAMS, Immediate and documented communication will be available between the members, management and account Officers which will definitely help the auditing firm and charted accountant in filing different return.
Thrift Fund Interest, Welfare Fund, Welfare Fund Interest, Guarantee Fund Outstanding, Interest Outstanding and calculation cheque payment.