How should an auditor view Receivable Members (Principal, Interest)?

• Related Articles

• Simple Interest vs. Flat Penalty: Which is Better for Your Housing Society?

  What is Flat Penalty? A Flat Penalty is a fixed amount charged for overdue payments, regardless of the outstanding amount or the duration of the delay. This method is simple but can often lead to disproportionately high penalties. Example: Invoice ...

• How do I see Receivable - Non Members as an auditor?

  Log in to ADDA -->> Admin Dashboard -->> General Ledger -->> Reports -->> 4. Receivable - Non-Members Report.

• As an auditor, how should I view the Receivable Members Summary Report?

  Log in to ADDA -->> Admin Dashboard -->> General Ledger -->> Reports -->> 3. Receivables - Members Report.

• How can I get the Members outstanding/Members receivable and Advance members report in ADDA?

  These reports are available in General Ledger >> Reports >> report# 2. Receivable - Members and 5. Advance - Members.

• I'd like to allow users to make only maintenance payments through the ADDA app without paying interest. How to accomplish this on ADDA?

  In accordance with standard practice in all communities, it is essential to collect both interest and maintenance fees due from the residents. This method ensures that defaulters follow their obligations to pay both outstanding interest and ...