Vendor Management
Take control of society expenses, contracts and taxation
Vendor Management
Every society associateswith several vendors to avail services for betterment of facilities in the society. But managing contracts, taxation, billing and payment for vendors could become a difficult task for the managing committee in absence of a robust vendor monitoring system. AppSociety enables you to set up vendors easily and configure taxation rules for GST and TDS deduction etc. Capturing purchase bills at the time of receipt of bills from vendor is seamless with the pre-configured taxation rules and reduces the chance of errors in capturing purchase bills. Each vendor is mapped to an accounting ledger to stick to fundamental accounting.
Calculating GST and TDS and paying regularly is a statutory liability for societies. AppSociety enables you to effortlessly take care of this activity every month.