Services

Our Services

Solutions for Housing Societies

Society Accounting

Maintain Cash Book, Bank Book, Journal Voucher, Ledger, Members Register, Bank Reconciliation.
Preparation of Yearly Income & Expenditure Account and Balance Sheet.
Preparation & Printing of Monthly / Quarterly Bills & Receipts.
Email & Whatsapp alert to members for Bills & Receipts.
Collection of cheques & deposit in bank.
Preparation of Monthly Receipt & Payment Account.
Updating of Society Bank Pass Book.
Audit readiness support.

Audit

Internal Audit

Identification of financial gaps, errors, and irregularities.
Verification in line with prescribed Accounting Standards.
Review of transactions as per Co-operative Society Act.
Early rectification to ensure smooth Statutory Audit.

Statutory Audit

Filing of Audit Rectification Report in prescribed ‘O’ Form.
Audit conducted by Certified Government Panel Auditors.
Preparation and submission of Statutory Audit Reports.

Taxation

Taxation services help Co-operative Housing Societies comply with statutory tax requirements while ensuring accurate calculations, timely filings, and avoidance of penalties. Proper tax management supports financial transparency and smooth regulatory compliance.

TDS Deduction & Filing of Quarterly TDS Returns.
Income Tax Calculation & Filing of Returns.
PAN & TAN Registration.
GST Return Filing.

Statutory Compliance

Updating of Statutory Registers.
Endorsement of Share Certificate.
Fixed Deposit of Sinking & Repair Fund.
Adoption & Amendment of Bye-Laws.
Flat Transfer Formalities.
Transmission Formalities.
Lien Record Register.
Nomination Register.
I Register.
J Register.
Share Register.

Managerial Services

Supervising agencies such as Security, Housekeeping, Gardener staff and others.
Issuing letters, notices, etc. as per guidance of the Managing Committee.
Preparation of Cash / Bank vouchers and vendor cheques.
Notice board management ensuring timely display of all notices.
Co-ordination with Managing Committee members.
Deposit of statutory payments on behalf of the society.
Acting on members’ grievances and complaints.
Filing and maintenance of society records.
Co-ordination with vendors.

Other Services

Education & Training to Members & Office bearers as per Section 24A MCS Act 1960. It is mandatory to give Education & Training to 20% members every year.
Assisting and offering consultancy to the office-bearers for the day-to-day smooth running of the society according to Society Rules and Bye Laws.
Recovery Process under Bye Law no 154 B-29
Conducting Election as per Rules & Procedure
Election Program
Training Program

IDEA Consultant provides professional accounting, audit, taxation, and compliance services for Housing & Commercial Societies with a focus on transparency, accuracy, and statutory compliance.