Lanching Account Outsourcing Service - first firm

SoftPack Consult P. Ltd. is the first firm in Nepal providing Account Outsourcing Service. This service includes many benefits for small to medium size of business organizations.

• Fixed monthly fee, No recruitment or personnel issues, reduce overhead expenses
• Every client is assigned with trained accountant with continued superviosn by Accounting & Finance Professionals (CAT/CA/ACCA)
• Books reconciled and closed on a monthly basis.
• Daily contact with our assigned accountants to you, monthly consultation with professionals
  
  The value propostion that SOFTPACK brings is:
  
  Training/Support/Accountability/Confidentiality/No hidden costs
  
  Don't become another Statistician. Make sure that your business has four balanced legs. Our staffs of highly qualified accountants and bookkeepers provide a convineint, web based service to process, analyze and report your financial data. We process accounting transaction and your financial reports via a secure internet connection.

Loan Classification Provision procedure has been upgraded

Loan Classification/Provision procedure has been upgraded as per NRB Directives 2062

In loan module, added cheque control for loan

a. In loan module, added cheque control for loan withdrawal transaction.
Need one new Field Chequeno C(15) in the Splnldg.dbf.
b. In Loan MIS report. Updated period-wise Loan MIS report - Disbursement, Repayment, recovery along with overdue information of principal as well as interest.
c. In loan module, added three levels of parameterized rebate facilities.

Need following changes:

1. Spactype.dbf
- rebates L(1) - switch for enabling rebate option for the product level
- penalties L(1) - switch for enabling penalty option for the product level

2. Spini.dbf
- discdays2 N(3) - Specify days from the last postdate for 3rd level of rebate
- discrate2 N(5,2) - Specify discount rate for 3rd level of rebate

3. Spspenal.dbf
- from_post N(3) - Post Penalty from last posting date
- penal_type N(1) - Penalty type - whether on Principal Balance, Interest due or both or final interest.

d. In core, added workstation message transfer system for windows 2000 and above workstations.
e. In core, added Periodic Service charge posting module, which allows to post service charge depending upon the condition. The service charge can be based on the fixed percentage or fixed amount. For this, it need the following changes:

1. Spactype.dbf
- srvchrate N(5,2) - Service charge in terms of percentage.
- srvcharge N(7,2) - Fixed charge for service charge
- srvchrgac C(7) - Service charge income a/c
- srvchgcrt C(80) - Service charge application condition

f. In loan module, added module to reset Reschedule Status after yearly closing.

Updated fixed deposit receipt loan, block corresponding ....

a. In loan module, added cheque control for loan withdrawal transaction.
Need one new Field Chequeno C(15) in the Splnldg.dbf.
b. In Loan MIS report. Updated period-wise Loan MIS report - Disbursement, Repayment, recovery along with overdue information of principal as well as interest.
c. In loan module, added three levels of parameterized rebate facilities.

Need following changes:

1. Spactype.dbf
- rebates L(1) - switch for enabling rebate option for the product level
- penalties L(1) - switch for enabling penalty option for the product level

2. Spini.dbf
- discdays2 N(3) - Specify days from the last postdate for 3rd level of rebate
- discrate2 N(5,2) - Specify discount rate for 3rd level of rebate

3. Spspenal.dbf
- from_post N(3) - Post Penalty from last posting date
- penal_type N(1) - Penalty type - whether on Principal Balance, Interest due or both or final interest.

d. In core, added workstation message transfer system for windows 2000 and above workstations.
e. In core, added Periodic Service charge posting module, which allows to post service charge depending upon the condition. The service charge can be based on the fixed percentage or fixed amount. For this, it need the following changes:

1. Spactype.dbf
- srvchrate N(5,2) - Service charge in terms of percentage.
- srvcharge N(7,2) - Fixed charge for service charge
- srvchrgac C(7) - Service charge income a/c
- srvchgcrt C(80) - Service charge application condition

f. In loan module, added module to reset Reschedule Status after yearly closing.

Added facility for generating back dated Loan Provision ...

a. Added facility for generating back dated Loan Provision reports.
b. Updated monthly minimum balance interest posting & a/c closing.
c. Added facility for limit information display and control in loan transaction.
d. Updated fixed deposit and loan reports and Excel Export facility.
e. Added facility for generating back dated Loan Provision reports.