to safe guard the companies software details

1.  Banking Software
Congratulations and welcome to Websoftex Banking software the finest and customized
software tool for managing your Co-operative Society of any type. Websoftex Banking
software is a powerful Online web based and windows based GUI based application
integrated with core banking systemdesigned to take care of all aspects of your societies
business with utmost care. The highlight of this software is in its comprehensiveness and
the simplicity with which it handles complex tasks with ease.
Banking Software !
Websoftex Banking Software is one of the most popular and experienced Banking Software
companies in with around 3+ years of experience in building websites.
Websoftex Banking Software Solutions
Websoftex Banking software is a powerful Online web based and windows based GUI based
application integrated with core banking system designed to take care of all aspects of your
societies business with utmost care. The highlight of this software is in its comprehensiveness
and the simplicity with which it handles complex tasks with ease.
SAILENT FEATURES: -
 Multi-user Online web based with Multi Branch core Banking application.
 Extremely Functional and user friendly with user drivers operation. Attractive and well
said reports format.
 Report export facility to various useful formats such as Ms Word. Ms excels. Customized
and user defined reports.
 Ace reports can be viewed on the screen and can be printed on printer.
 Created by a team of highly experience programmers using the latest software tools with
domain knowledge of highly experienced banking professionals and with a feed back of
over 30 Co-operative Societies.
 Optimized for best performance on Pentium Pc's Reduces cumbersome and routine work
Minimizes errors ,Better Control, Multi user version, Total satisfaction of customers
Websoftex Banking software has been developed to provide the following important features:
 Modular design with proper integration to ensure trouble-free operations without undue
complications.
 Optimum security of operations which is very essential for financial transactions
 Comprehensiveness in coverage - a feature absolutely necessary to meet all requirements
 User-friendliness which ensures hassle free usage
 High flexibility with expandability and upgradability. The software can be used by all
societies and can be easily upgraded/expanded to cover more activities whenever
required.

2.  The software is capable of handling huge volumes of transactions without any difficulty.
 State of the art technology has been used.
 Control over operations with in-built checks and balances, authorization procedures, etc.
 Elimination of scope for tampering of data
 The system is designed to work for network environment to access the information &
update the data by different users simultaneously

Software Coverage: - Each module has been designed to cover a wide range of activities. Apart
from comprehensive master details each module covers all transactions chronologically and
systematically. A bird's eye view of the coverage of the modules is presented below.
1. Membership Management: -
Enables customer to enroll as Member, Non-Member, Associate Member and Nominal
Member and it consists of Enrollment, member assets and liability details
o Member Profiles Queries(Share,Deposits,Loans of the member).
o Photos & signatures of members are stores in data base are accessible when ever
required
o Closing of Membership
o Member Address lists
o Reports.
2. Share Accounting: - It enables issue of shares, withdrawal of shares, dividend
calculation and posting, consolidate dividend report and share register, any time.
o Issuing of shares.
o Issuing of additional shares.
o Dividend calculation and payment.
o Withdrawal of shares.
o Share Register.
o Reports.
3. Operational Accounts: -
It consists of SB
o Account opening.
o Transactions (credit/Withdrawal by cash).
o Transfers (transfer to/from S.B. Accounts).
o Transaction maintenance taking care of minimum balance in account.
o Interest calculation & posting.
o Schedule.
o Execution of standing instructions.
o Photo & Signature of the member available and accessible at the time of each
withdrawal transaction for verification.
o Pass sheet printing.
o Account closing.
o Reports.
4. Term Deposits: -
Consists of FD, RD, RICC, Cash Certificate, Pigmy and Thrifts deposits
o Account opening.

3. o Deposit Receipt printing.
o Interest calculation and posting.
o Closing before maturity (Pre Closure).
o Closing on maturity.
o Transfer of Term Deposit Interest to SB,RD.
o Deposits Renewals.
o Reports.
o Deposit Maturity Report.
o Interest Provisions
5. Loans and Advances: -
Consists of Surety Loan (Unsecured), Crop Loan, Vehicle Loan, Gold Loan, Loan
Against Deposit (like, FD, RICC / CC) Loan Ledgers & various types of reports.
o Loan sanctioning.
o Loan disbursement.
o Creation Loan Parameters by user.
o Borrower and Surety Details.
o Interest calculation and posting as per the loan schemes.
o Interest Provisions for annual financial year.
o Transfer entries from SB, Shares and Dividend are possible.
o Loan repayment.
o Loan Charges posting.
o Loan closure.
o Penalty Interest.
o Loan Ledger view.
o Loan Schedule for Different Amount, ROI, Periods.
o Reports.
o Loan Balance pass sheet.
o Monthly Demand collection Balance report.
o Overdue report.
o NPA report.
6. Standing Instructions: -
Carrying out of Standing Instruction on day-to-day basis and monitoring of Standing
Instruction, cancellation, etc.
o Define Standing Instruction.
o Processing and posting.
o Status of Standing Instruction.
o Reports.
7. Cash Transaction : -
Internally updating daybook entries like Receipts, Payments, and Transfers between
accounts can be updated internally through the respective modules, direct vocher entries
to the G/L are possible
o Receipts and Payments.
o Cashier Scroll.
o Cash Register.
o Bank reconciliation.

4. 8. Dav book and Trial Balance: -
It includes subsidiary daybook; cash transfer in respect of each account head with
abstract no. of vouchers
o Day Book.
o Trial Balance.
o Subsidiary day book.
9. General Ledger & Financial Statements:-
Contains summary of transaction in each head of account for a given period and it always
tallies with Balance Sheet figures
o Pass sheet printing.
o General Ledger.
o Receipt and Payment account.
o Profit and Loss account.
o Balance Sheet.
10. M.I.S: -
Enables management to take quicker and effective online decisions.
o New Members enrolled.
o Memberships closed.
o New Shares issued.
o Shares surrendered.
o List of Members and Associate Members.
o Dividend released.
o Member/Non-Member profile.
o Savings Bank Accounts opened.
o Savings Bank Accounts closed.
o Savings Bank Accounts list with details.
o Account-wise interest paid on Savings Bank Deposits.
o Term Deposits (FD,RD, Cash certificates) opened and closed.
o Interest paid on Term Deposits.
o Term Deposits due for maturity during any specified period.
o RD Accounts with installment overdue.
o Term Deposits renewed.
o Loan Accounts opened.
o Loan Accounts closed.
o Interest collected on Loan Accounts.
o Loan Installment overdue.
o Balance Sheet.
o Income and Expenditure.
o Indirect liability of a member.
o Cost of funds.
o Yield on advances.
o Customizable Reports.
o Drill down facility.
o Assets and liability of a member.

5. 11. System Administration: -
Administration of entire computerized environment includes User Management.
Password Management, Day-End, Day-Begin and back-up activities
o User creation.
o Roll creation.
o Day-End.
o Day - Begin.
o Back- up & restore.
o Change of Password.
12. Initialization and configuration: -
Initialization of various parameters
o Calendar.
o Define GL Account.
o Define GL Group.
o Share parameter.
o Loan parameter.
o Deposit slab and parameter