Traditional cooperative credit societies and housing societies rely on antiquated offline desktop programs or manual physical ledgers, creating severe vulnerabilities to data tampering, delayed balance sheet reconciliations, and lack of real-time member transparency.
Architecture & Solution
Architected a multi-tenant cloud banking and ledger ERP adhering strictly to Indian cooperative auditing standards. Implements a double-entry general ledger, automated interest computation for Fixed and Recurring Deposits (FD/RD), loan eligibility & EMI amortization engines, and instant member balance passbooks.
Key Features & Deliverables
Rigid double-entry general ledger, automated trial balance, and statutory balance sheet generation
