Chit Biz

Brand : Chit Biz

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Save upto 28%, Get GST Invoice on your business purchase |
T&C
Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:
- the GSTIN of the user associated with their registered business, and
- the specified Entity Name for their business.
It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.
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Chit.biz is a web-based Chit Fund ERP for accurate, transparent, and secure remote management of chit-fund business, customers, and financial transactions. ...Read more

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Chit Biz Software Pricing, Features & Reviews

What is Chit.biz Software?

Chit.biz is a web-based Chit-Fund ERP software that helps create and manage chit-fund businesses efficiently. It can be accessed via a web browser and as a mobile app and helps manage remote chit-funds. The user-friendly interface allows the easy establishment of the business by adding members, communicating the auction date with the clients, calculating interests and dividends, and managing the chit funds. The software makes chit registration and member management processes more straightforward and stores the data in a secure, centralized database. Features like SMS notifications, late-fee calculation, and dividend account maintenance make the entire client communication and fund management process efficient.

Chit.biz supports diverse scheduling and automates accounting processes. It also allows chit-fund monitoring, payment collection, and report generation. It adjusts opening balances, handles funds and cash flow details, manages charges against tickets, records guarantor, and document details. It helps in easy payment collection through reminders via SMS and supports details of inventory, ledger balance, general transaction details, daybook, etc. It also allows lead management to attract more members to the business based on reports. It generates various business summary reports in CSV format, including daily, weekly, monthly, and yearly summaries. It thus makes the entire chit-fund business operation management accurate, secure, and manageable.

Why use Chit.biz?

Chit-fund task and data management: Manage the chit database securely and ensure proper information flow for the smooth execution of tasks and reduce manual efforts.
Group Management: Register, notify and manage chit groups through member registration and automate SMS notifications for proper client communication and administration.
Remote fund monitoring: Monitor chit-fund activities remotely through web and mobile applications for transparency, timely notifications, and communication.
Payment collection: Manage payment collection, including late fee payment with options like cash, cheque, and transfers, for accuracy in financial transactions.
Business reporting: Generate detailed business summary reports in various formats for insights on leads, business performance and decision-making.

Benefits of Chit.biz Chit Fund Software

Easy access: Helps with web-based and mobile access, enabling users to manage chit funds remotely with a simple online interface.
Cost-Efficiency: It is a cost-effective solution for creating and managing chit fund business with better optimization of financial processes and resources.
Real-Time notifications: Get timely SMS notifications to enhance communication and inform members about chit-fund activities.
Payment options: Supports various payment collection methods, from cash to transfers, for easy payment.
Decision-Making: Gives insightful business summary reports that help strategic decision-making for chit-fund operations.

Chit.biz Pricing

Chit.biz price details are available on request at techjockey.com.

Chit.biz price in India may vary based on factors like customization, additional features required, number of users, and the deployment type. Please request a call back for subscription-related details and to avail yourself of offers on premium packages.