We have released an enhancement to Accounting in ApnaComplex. Most societies have a need to ensure that accounts are not “modified” unintentionally (or intentionally) once the accounts are audited and approved by the general body.

To meet this need, your favorite software now supports “freezing” (or closing) of accounts for a given accounting period. Go to Accounting->Accounting Periods and click the “Close Accounting Period” which will lock all transactions of that period. No one (even community admins) will be able to make any changes to the transactions once the accounting period is closed. You have to make a special request to Support team to “unfreeze” an accounting period.

This provides an inherent safety net ensuring no changes to the accounts once they are approved in AGM by the general body.

i

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Blogs

Pick of a wellness centre to show Facility booking software for office amenities
Image with one hand holding a home model with another hand underneath to show home handover
Workplace community with male and female employees sitting in an office lobby interacting with each other