Member Module

Member

What is koperasi?

Koperasi is an autonomous business unit which members voluntarily unite to achieve common interest in economic, social and cultural rights, through an entity jointly owned and democratically controlled.

Example of Koperasi in Malaysia includes Bank Rakyat.

Benefits of Using Member

• Manage the relationship of the koperasi members- This module is hereby to help you to separate your suppliers and customers within your koperasi clearly.

• Simplify the complex transaction within your koperasi members- As your customers can be your suppliers at the same time in a koperasi, this module allows you to group up your suppliers and customers according to different document types as decided.

How Member Works?

Step 1: Setup Member Information and opening balance under Member Master.

Step 2: Setup multiple receipt and payment in a single transaction by login to Task Settings.

a) Example for receipt: Receipt from Member Loan

Member control account GL code: 12110

Bank account receive GL code: 11310

Add additional charges: Current month Interest receive GL code: 51100

b) Example for payment: Loan given by Co-operation to Member under a Cash Advance Scheme

Member control account GL code: 12110

Bank account payment GL code: 11310

Less additional charges: Disbursement – Legal Fees: 91000

Step 3: Generate multiple receipts and payments under single transaction (screen name).

Example 1: Loan Repayment from member.

First: Create Member Receipt by click the Receipt button

Second : Choice Member Loan.

Third: Choice Member Code how make repayment and divide the total receipt amount consist principle and interest.

The member report column is the same with Mr. Accounting Customer Reports.