MSCS Software

The software designed for Multistate Cooperative Societies provides a range of highly user-friendly features for managing memberships effectively.

Users have the ability to define share class types and their respective attributes as required. The software streamlines membership application processing and automatically generates member numbers. All transactions related to members can be conveniently conducted from a unified user interface.

Moreover, users have the capability to update the official, residential, and mailing addresses of members while preserving address history. The software also facilitates the maintenance of details regarding superior officers and member assets. Additionally, it enables the storage of member photos and signatures within the database. Membership status alerts are displayed for effortless monitoring purposes.

Transaction history is conveniently presented in a tabular format, with the most recent three transactions readily visible. Furthermore, the software incorporates features aimed at boosting employee productivity, such as automatic share value calculation based on entered share numbers or face value.

The system can calculate dividend amounts based on provided dates. It also offers membership search functionality, including bit search for address criteria. Additionally, the software maintains various member registers, including admitted, disqualified, and expired members.

Furthermore, the software generates member liability statements as of a specific date and membership annual statements in summarized or detailed formats. It also determines recommended dividend percentages and calculates dividends based on declared percentages. Finally, dividend registers are maintained for a financial year, indicating dividends paid during specific periods or dates, as well as those payable in the future.