Double-entry accounting for housing societies — bye-law compliant, audit-ready.
Full accounting system built specifically for co-operative housing societies in India. Double-entry ledger, all voucher types, statutory reports — in the exact format your CA and auditor expect.
Double-entry ledger
Every transaction — bill, receipt, journal entry, contra — creates balanced debit/credit pairs. Full general ledger with daybook view.
All voucher types
Payment, receipt, journal, contra — all four voucher types supported. Each voucher posts to the correct accounts with full audit trail.
Member ledger
Individual account per member showing all bills raised, payments received, interest charged, and running balance. Printable for meetings.
Account master / chart of accounts
Pre-configured account heads for housing societies. Customise the chart of accounts to match your society's bye-law structure.
Book master configuration
Set up your society's financial year, accounting heads, GST applicability, interest rates and penalty structure once — the system applies them consistently.
Interest on defaulters
Interest calculated at bye-law rate (typically 21% p.a.) and posted automatically to each defaulting member's ledger. Journal entries created with full detail.
I manage 12 societies. Before SocietyBee, audit season was three weeks of me reconstructing accounts from Excel. Now I run the audit export in 10 minutes and hand the CA a PDF.
Frequently asked questions
Is SocietyBee compliant with Maharashtra Co-operative Bye-Laws?
Yes. The Income & Expenditure account, Receipts & Payments account and Balance Sheet are all generated in the format prescribed by Maharashtra Model Bye-Laws 2019. All statutory registers are maintained as required.
What accounting format does SocietyBee use?
SocietyBee uses double-entry bookkeeping — every transaction creates a debit and a credit entry. The system maintains a full daybook, individual member ledgers, a society-level ledger, and all five statutory report formats required for co-operative housing society audits.
Can the CA access the books directly?
Yes. The CA can be given a dedicated login with read access to all ledgers, vouchers and reports for any society they manage. In the CA Plan, one login gives access to all assigned societies.
What reports does the auditor need and does SocietyBee produce them?
Yes. SocietyBee generates: Receipts & Payments account, Income & Expenditure account, Liability & Assets balance sheet, defaulter register, member ledger, bill register, and GST summary. All in the format required for statutory audit under the Maharashtra Co-operative Societies Act.
Free up to 50 flats. Start in five minutes.
No credit card. No lock-in. BeeAgent AI included in all plans.