Reconciling Deposits

Chamasoft allows you to reconcile the deposits made directly from financial institutions. This means that you can use your financial institution e.g. your bank to record a deposit directly to Chamasoft. Once the payment (deposit) has been made, a notification appears on Chamasoft showing all the details of the transaction (i.e. Member Name, Transaction ID, Transaction Type, Transaction Reference […]

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Recording Contributions

Chamasoft allows you to record contributions made by members of the group to their respective accounts. Once recorded, these contributions are updated to the member’s contributions details. To record a contribution; Go to; Deposits>Record Contribution Payment here Enter the deposit date, select the member(who have made the contribution), Select a payment description e.g. “monthly contribution”, enter the deposit date […]

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Recording Fine Payment

This includes spontaneous fines which are recorded as deposits. After creating a fine in the fine category, they are recorded here . To record a fine; Go to Deposits>Record Fine Payment here Enter the deposit date, select the member(who is being fined), Select a payment description e.g. “fine contribution”, enter the deposit date and finally enter the […]

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Loan Repayment

Chamasoft allows recording of members loan repayment. To record a loan repayment; Go to; Deposits>Record Loan Repayment here fill in the entries as follows: Deposit date: Select the date when the payment was made. Member: Select the member responsible for the payment. Payment for: Briefly describe the loan payment. Account: Select the account. Deposit method: Select the method […]

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Recording Miscellaneous Payments

Chamasoft allows you to record miscellaneous payments. This includes small payments which have not been categorized anywhere else e.g. buying a book To record a miscellaneous payment; Go to; Deposits>Record Miscellaneous Payment here Fill in the as shown below Deposit date: Select the date when the payment was made. Member: Select the member responsible for the […]

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Recording External Income

Chamasoft allows you to record all external income that is earned. This includes money from outside the group e.g. bonuses and grants. Go to; Deposits>Record External Incomes here fill in the entries as shown below: Deposit date: Select the month and date when the payment was received. Depositor: Click to select the depositor. In the case of […]

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Listing Deposits

Chamasoft allows you to displays all deposits which have taken place on your group members’ accounts. To list deposits; Go to; Deposits>List Deposits here This displays a list of all deposits to the group. You have successfully listed your group deposits.

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