Finsoft covers every movement of Cheques starting from Receipt to On Hand Cheques to Honoring of Cheques. With this, Bank Reconciliation becomes very easy and within no time, you can generate BRS and zoom for details with couple of clicks. You can also generate On- Hand Cheques Report, Cheques Dairy, Deposited but not Cleared, Cheque Returns Report, and so on...which helps every one to manage Cheques in the easier way.
As soon as a Loan is granted, one can generate Schedule with all details like Date to be paid, Amount to be paid along with Loan details immediately. Apart from Schedules, all Customer related documents like Receipt, Intimation, Notice etc...can be directly generated from FINSOFT.
Late payment calculation report can be generated which provides no. of days delayed for each payment from collection date and calculates total no. of days delayed. Based on the rate of interest given, Finsoft can calculate the interest to be collected for late payments.