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onesociety, powered by oneapp, is a star product from the house of Futurescape Technology. The company is well-known for bringing a revolution in the tiffin service industry with its flagship product, Fooddialer, now known as onefooddialer. onefooddialer is known to bring the scattered industry of tiffin business under the one roof powered by technology to streamline and automate their business processes.

onesociety is a housing society management software that aims to digitalize the processes of housing societies thereby eliminating the toils of the society admins who are mostly volunteers and also making the coordination between residing and managing a society convenient and comfortable.

Today we are going to discuss one of the unique features of onesociety that made the maintenance collection in society easy to pay, convenient to track and hassle-free to manage

E-COLLECTION FACILITY BY ONESOCIETY TO MANAGE PAYMENT COLLECTION

E-collection facility has been ideated to track exact details of the payments made against exact units. Ok, let’s take an example. Say a housing society maintains one account with a bank where maintenance fees from the members get deposited. Some members, in fact, these days majority, choose to transfer the amount directly to the account as well as it is hassle-free. Now for society admin, it is not possible to understand who has transferred the amount and against which unit. The only amount is displayed and that too, so many transfers.  Unless the member informs the society that he has paid the amount and provides the particular transaction id, it is not easy to locate. In onesociety, we have tried to address this very area. Without any further communication between the society and the member, the society admin can still get the data as to which payment has been made against which unit and what is the amount.

This has been made possible with deep integration with the bank. Whenever a payment is made against any unit, onesociety receives the details and records. Therefore, members need not notify society with transaction details to help track their payments. Note that the e-collection facility works regardless of the bank a member is holding an account with.

By now you must be wondering how this e-collection facility works?

As already mentioned, This has been made possible with deep integration with the bank. Onesociety generates a virtual account with a unique 18-character payee name. Once generated, the bank validates the same. Upon validation, the unique 18-character virtual account number is shared with the member and they are required to make payment into that virtual account. Thereupon, whenever a payment is made into that virtual account, onesociety gets intimation from the bank and upon tracking the unique number, onesociety gets to know exactly for which unit the payment is made and how much. It auto-updates the software accordingly and everything without any extra manual communications.

If you have any questions regarding this feature or any other features of onesociety, do put them in the comment section below and you can also claim a free demo.

In this particular blog, we will try to understand the main objective behind the formation of “Co-operative housing society”. There are a set amount of rules which we as humans and members & committees of housing society are supposed to follow.  Let us understand the nature, importance and advantages of forming a housing society. 

The formation of society was made compulsory and regularized in the Co-operative societies act in 1912. This particular act is a mandate by the government which makes the complexes and buildings in India to form a social committee to maintain the ongoing works and tasks of the society. 

Many states have enacted their own co-operative society Act and rules there under but more or less the requirements for forming society remain the same.

Let us understand the below step and get to know how can we form a housing society:

Need of at least 10 Individuals who are willing to form a housing society

As per the act of “The Cooperative Housing Society 1912” the requirement of 10  dedicated and motivated members with an intention to make the housing society a better place to live is compulsory. All the members should have the same objective and motive to take their society for mutual benefits. 

Committee members should choose a responsible society secretary 

The decision of choosing members for their particular post is a joint decision made by the entire society with the help of votes. Whoever received the highest vote for the position of being a housing society committee secretary should be assigned and given rights for that particular post.  Here are some of the most important duties of a housing society secretary.

Financial duties

A secretary is bound to collect society charges such as property tax, water tax, lift, parking, non-occupancy, repair and maintenance charges. He or she is also responsible for raising funds for contribution to any society related task

Operational duties - 

He or she is supposed to look after the housing society management, maintain and inspect the property of society, carry out renovations & repairs whenever needed. To hold election of a new committee member whenever necessary. Along with organising committee meetings at least once a month and making sure to raise issues whichever any of the members of committee or society is facing. 

 And there are many other duties that a society member is required to                 fulfill. 

 Rules & Regulation of the Society / Model Bye-Laws

This is a very important section of the formation of society and needs to be carefully drafted. Under this section, the society should cover the constitution of the Governing Body, Strength and function of governing body, Definitions, Type of Memberships, Fee & Subscription, Termination or cessation of Membership, General Body, Right & Privileges of the members, Duties of members, the function of the general body, term, resignation, management of the fund, operation & utilization of the fund etc. in the form of Memorandum of Society. One can also adopt the model Bye-laws rather than re-inventing the wheel.

Above are some pointers that highlight the reason why the formation of housing society is important, and as everyone knows that managing a housing society is no small task, onesociety gives you external technical support and assistance and by its help, you can manage to do all your society management tasks at ease.