Society Accounting Services

Every Cooperative Housing Society (CHS) in Maharashtra is required to maintain proper books of account under the Maharashtra Cooperative Societies Act, 1960. We handle the full accounting cycle for your society bills, receipts, ledgers, bank reconciliation and member accounts so your managing committee always has an accurate, audit-ready picture of the society's finances.

What's included

• Recording of maintenance bills, receipts and other income
• Bank reconciliation on a monthly basis
• Member-wise ledger and outstanding dues tracking
• Preparation of Income & Expenditure Account and Balance Sheet
• Support during statutory audit with a ready set of books

Who this service is for

Ideal for managing committees who want clean, up-to-date books without hiring a full-time accountant.

Documents typically required

• Bank statements for the period
• Maintenance bill register / member list
• Vendor invoices and expense vouchers
• Previous year's audited financial statements (if available)

Frequently asked questions

How often are the accounts updated?

We typically update books monthly or quarterly, depending on your society's size and preference, so your committee always has current figures.

Can you take over mid-year from another accountant?

Yes we regularly onboard societies mid-financial-year and reconcile opening balances before continuing.

Do you also handle the statutory audit?

We prepare audit-ready books; see our separate Statutory Audit service if you'd like us to coordinate the audit itself.