Housing Societies interpret GST rules on maintenance differently. Some apply GST on the total invoice, while others apply it only on the portion above ₹7,500 per month. To support both practices, ADDA provides two configuration options under Income ...
In such use cases, you need to Knock off TDS Payable entry with MC or Auditor or Staff GL who have actually paid the amount on behalf of the association and issue the cheque or initiate the online payment to the MC or to the auditor or to the Staff ...
Income Tracker is a specialised module within the ADDA platform designed to streamline and manage both member(Resident) and non-member(Other Than Resident) incomes for residential communities and homeowners associations.
Member Income: This refers to revenue generated from the members of the apartment community or residential association. Members are typically the residents or homeowners who are part of the community. Member income sources may include monthly ...