ApartmentADDA ventures into new business vertical ‘ADDAAccounting Service’

ApartmentADDA, India’s leading online housing society management portal for apartments and MDUs announced its entry into new business vertical with the launch of its news service “ApartmentADDAAccounting Service Partner Network (AASPN)”. The new service from ADDA stable will cater to all CAs and Accounting professionals who manage housing society accounts by simplify the processes involved.

This fully automated online tool allow the accounting professionals to manage their society accounting completely online leading to fast and hassle-free account management of housing societies. This way the precision of the accounts is ensured and the valuable time of the people involved also saved. This service is available to all at a special price designed exclusively for AASPN.

Speaking on the occasion San Banerjee, CEO, ApartmentADDA.com said, “Online accounting system is now a necessity, not a luxury. Our new service allows the accounting professionals at different levels to partner with us and do all housing society related accounting in a simplified manner. With this service one can do complete accounting online - generate invoices, pay through payment gateways, track defaulters, track expenses and finally draw financial statements for auditing. More than 350 societies in India are already doing accounting on ADDA”

“We work closely with the accounting professionals with our best in class support team form Mumbai and Bangalore. Transactions can also be entered manually and uploaded through MS Excel. The data is stored on international data center in a secured manner. And at the year-end it offers report generation support via user friendly tools”, she adds.

Features:

■     Completely online accounts – Access anytime anywhere

■     100% automated invoices including Late Payment interest and Service tax

■     Bulk email and SMS to members – Invoices, Receipts and Reminders

■     Complete integration of online collections – no manual entry required

■     Readymade online reports for MC – leading to lower effort by Accountant

■     Automated ad-hoc invoice in addition to regular Invoices – e.g. facility booking

■     Automated entries for year-end closing       

■     Best in class support team based at Mumbai and Bangalore

■     Data hosted on International Data Centre with SSL security

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