Generic Chit Fund Mobile App | Genericchit

Generic Chit Fund Software

Brand : Generic Technology

5
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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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Generic chit-fund software is a platform designed to help chit-fund companies automate and manage chit-fund operations easily....Read more

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Generic Chit Fund Software Pricing, Features & Reviews

What is Generic Chit Fund Software?

Generic Chit Fund Software is a financial management software specifically designed for efficient chit fund management. It simplifies the complex calculations associated with chit-funds to minimize manual work, reduce the need for an extensive workforce, and eliminate human errors. The chit fund software allows administrators and members to track transactions, generate reports, and communicate with each other seamlessly.

The platform provides a systematic approach to handling customer interactions and transactions. It also efficiently manages group dynamics to facilitate seamless coordination among group members. The platform ensures that the workforce operates cohesively by optimizing productivity and contributing to the overall success of the chit-fund enterprise.

Why Choose Generic Chit Fund Platform?

The chit fund software allows you to onboard new members seamlessly with a digital and streamlined registration process.
It allows you to define chit groups with specific parameters like frequency, tenure, and amount for structured group management.
The platform allows you to allocate members to appropriate groups based on their preferred chit-type and ensure balanced participation.
It simplifies the collection of advance payments from members before the chit starts.
The chit fund management tool allows you to track and manage suspended tickets due to non-payment or other reasons.

Benefits of Generic Chit Fund Solution

The chit fund software allows you to generate digital receipts for monthly installments to enhance record-keeping.
It allows you to automatically calculate and disburse prize money to winning bidders following successful auctions.
The platform allows members to cancel their participation in a chit with appropriate deductions and account adjustments.
It enables members to rejoin previously canceled tickets under defined conditions.
The financial management software automates auction schedules and processes for foreclosed chits.

Pricing of Generic Chit Fund Platform

Generic Chit Fund Platform pricing is available on request at techjockey.com. Its pricing 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 offers on premium packages.

Generic Chit Fund Software Features

Online Auction

Streamline the bidding process for foreclosed chits with a secure online auction platform.

Payment Reminders

Send notifications to members about upcoming installments to ensure timely collections.

Accounts (Voucher Entry)

Maintain detailed financial records with voucher entry functionality for all transactions.

SMS Integration

Keep members informed with SMS alerts for important updates, transactions, and reminders.

Paperless Bills

Eliminate paper waste and simplify bill management by sending and storing invoices electronically.

Staff / Employee Management

Efficiently manage employee tasks, payroll, and access control with a dedicated module.

Generic Chit Fund Software Review

Have recommended this product

Overall Score

5/5

Based on 1 Review

Features 5/5

Value for Money 5/5

Ease of Use 5/5

Customer Support 5/5

Review this product

Your valuable feedback helps others like you make a better decision.

Rama Krishnan

Verified reviewer:

Director, Finance

2-100 Employees

Software user since: 1-2 years

Reviewed on: Jan 19, 2024

5/5

“Generic is a wonderful Chitfun software”

Generic is a wonderful software with ease of operation, which has helped us to control all chit-fund activities. It is the best investment for a business and an asset that has increased my assets.

Pros : IT is a wonderful software with ease of operation to control all chit-fund activities.

Cons : NO CONS

Features

5/5

Value for Money

5/5

Customer Support

5/5

Ease of Use

5/5