This module has two sub-modules viz.: sugarcane deposit and fixed deposit. Sugarcane deposit includes all details of deposits collected through sugarcane suppliers and payment thereof. Fixed deposit handles different schemes of deposit, on-line interest payment, auto renewal of deposit etc. It includes facilities as under:
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Sugarcane deposit
Preparation of pay sheets, bills, bank statements, individual ledger etc.
Provision for interest payment as and when decided
Recovery/outstanding amount from defaulters' interest bills
Fixed Deposit
Handles different schemes of deposit with auto voucher facility
Interest calculation on day basis and on-line interest payment
Auto renewal of deposits whenever necessary
Provisions for refund of deposits under different circumstances
Provision to maintain individual ledger
Various reports such as bank statement, tarphe index, daily and monthly interest reports etc.