Streamline finances with our outsourced services via platforms like MyGate, Anacity, and NoBroker. We manage invoicing, ledger maintenance, GST filings, and audit preparation, ensuring CFE/STP/CFO compliance and accurate monthly/annual reports for seamless regulatory adherence.

FAQs

The President, Secretary, and Treasurer (PST) are volunteers who already have jobs, businesses, and family responsibilities. Daily work such as billing, vendor coordination, audits, compliance, and member complaints takes significant personal time. RM Corporate Solutions Private Limited supports PST by handling these operational and financial responsibilities professionally through systems and processes. PST can focus on decisions instead of daily follow-ups.

Maintenance increases often create tension because members ask:
  • Why increase?
  • Where is the money spent?
RM prepares proper budgets and forecasts showing:
  • Actual expenses.
  • Future repairs.
  • Vendor cost increases.
PST can explain decisions using clear numbers instead of personal opinions. This reduces arguments during AGM.

Billing is done only as per AGM-approved resolutions. Every bill goes through checking before being issued. This avoids:
  • Wrong charges.
  • GST mistakes.
  • Member complaints.
PST does not need to personally verify every invoice

Following up with neighbours for payment is uncomfortable. RM handles collections professionally through:
  • WhatsApp reminders.
  • Emails.
  • Phone follow-ups.
  • Bye-law notices if required.
Since the system handles communication, PST avoids personal disputes.

Income leakage happens when:
  • Clubhouse bookings are missed.
  • Move-in/out charges are not collected.
  • Guest facility usage is not billed.
RM implements tracking systems so every usage is recorded and billed. Better income means less pressure to increase maintenance.

Payments follow strict controls:
  • Vendor bank account verification.
  • Trial transfer confirmation.
  • PST approval before payment.
Every transaction has proper documentation. If questions arise later, PST decisions remain protected.

Not at all. RM works like a finance advisor for the Association. Reports are explained in simple language. PST can take confident decisions without accounting knowledge.

Members receive regular reports showing:
  • Money collected.
  • Expenses incurred.
  • Budget comparison.
Transparency reduces misunderstandings and builds trust. AGM discussions become smoother.

Yes. Many Associations keep funds idle in current accounts. RM forecasts expenses and advises safe investment options allowed under Bye-laws for both long term as well short term. This generates additional income for members without risk.

Every purchase follows a documented process:
Requirement → Approval → Vendor comparison → Purchase Order → Entry verification → Payment approval.
Benefits:
  • Competitive pricing.
  • Audit safety.
  • Proper records.
PST decisions remain well supported.