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November 21 2023

Co-Operative Banking Software

Software of the cooperative society

Cooperative+ is a comprehensive information system that allows you to manage savings and credit cooperatives in such a way as to ensure an uninterrupted flow of information about all types of activities and transactions. The cooperative script comes with a wide range of financial reports that help in accurate planning, forecasting and decision-making. The Cooperative Banking System is a complete package of cooperative accounting developed by Phpscriptsonline. We focused on providing reporting and configuration tools in a single software. Co-Operative Script provides the world of cooperatives with advanced technologies that allow for all modern banking operations. Co-Operative software provides the world of cooperatives with advanced technologies that enable all modern banking operations.

The credit cooperative software is a system used to manage the membership of all members. This allows you to systematically store data about your bank's members in digital form, which can be easily accessed thanks to a centralized database. The cooperative credit banking scenario helps to manage loans, savings accounts, participants, etc. It has the functions of a credit calculator, sales management, purchases, quotes. It generates various types of reports, data migration. The system automatically sends SMS to users about successful payment of fees. Or about any successful transaction on the accounts. The manager can also send an SMS message to all participants about any notification or plans to implement the software in the credit cooperative.

The software of the Credit Cooperative has the following key functions:

Information panels
Credit Calculator
Registration of participants
Payment Information
Savings accounts
Shares of participants
Credit management
Loan approval, payment, repayment, etc.
Commercial offers
Invoices
Purchase Orders
Log entry
Supplier management
SMS/ Messaging
User Management
Global Settings
Data transfer
The cooperative credit banking system contains the following reports:

Reports on the General Ledger (Balance Sheet, Profit and Loss Statement, Trial Balance, General Ledger)
Registers transactions (Sales Invoice, Participant Registration, Money Received, Loan Arrears, Journal Entries, General Journal, Purchase Invoice)
Participants (List of participants, Participant profile, collection of registration fees)
Savings accounts (List of Savings Accounts, Savings Account Statement, Savings Transaction, Summary of Savings transactions)
Contributions (Balance of contributions, Report on Contributions of Participants, Contribution transactions, Summary of Contribution transactions)
Shares (Balance of shares, Report on shares of participants, Transactions with shares, Summary of transactions with shares)
Loans (Collection of loan processing fees, List of loans, Loan Repayment Schedule, Loan Statement, Interest and Penalties, Loan Balance, Credit Transaction, Brief description of the credit transaction)

 

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