Deposit accounting software

Accounting of deposits

Deposits can be recorded in special credit institutions, companies and individuals. There are basic stages of deposit recording. First, a deposit account is opened in the client's name and an agreement is concluded. Then the amount, term and interest rate are fixed. Interest accruals are made according to the agreement.

Accounting in accordance with state regulations. The deposit and interest are returned upon closing. In the company, the accounting processes for deposits are implemented in accordance with the accounting standards and internal policy of the company. Accounting of deposits for an individual can be done manually or in financial applications. In this case, the following is recorded: amount, term, interest rate. Then the individual monitors the receipt of interest, decides to extend or withdraw money.

Accounting for interest on deposit

Interest on the deposit is recorded in accordance with the agreement. Accruals can be made: daily, monthly, quarterly or at the end of the term. Accrued amounts are converted into capitalization, i.e. they are summed up with the deposit amount or paid to the client. In these transactions, entries are made according to accounting standards.

Accounting for income on deposit

Accounting for deposit income can be done manually or in financial applications, such as USU. In USU, you can account for accrued interest, monthly payments or at the end of the term, and control the bank's withholding of income tax. If the deposit is in foreign currency, it is worth considering possible exchange rate differences when receiving interest.

Deposit accounting software

The deposit accounting program from USU will allow you to effectively manage your deposits. The program allows you to register for opening and closing a deposit. At the same time, you can differentiate the deposit by type, term, currency and interest rate. Also, when working, the conditions for replenishment, partial withdrawal of funds or automatic extension can be taken into account.

Crm system for deposit accounting

The CRM system for accounting of deposits will help you work with calculations. For example, interest accruals can be provided according to a certain scheme chosen by the client. In the software, you can make calculations on profitability and forecast profits on deposits. When concluding an agreement with the client, a payment schedule is discussed, in the CRM you can implement the necessary standard and control the timeliness of the process. You can implement notifications or reminders about the need for payments or other actions. If the transaction provides for tax calculations (automatic calculation of deductions), then this can also be recorded.

Download the program for accounting of deposits

Control is very important when working with deposits. Through the software from USU, you can best implement control functions. You will have a full history of deposit transactions. You will also be able to work with notifications about payment dates, the need for replenishment, and so on. Through the program, you can work with different reports, for example, for individual deposits. You can download the program for accounting of deposits in a trial version for free.

Buy a program for accounting of deposits

The software solution from the USU company can be provided with integrations with banks and payment systems, with other software systems and equipment. All this can provide additional optimization. It is safe to work in the system, the developer has taken care of reliable mechanisms for information protection. In the system, you can introduce the delimitation of user rights and backup of information. More details about this can be found on our website. You can buy a program for accounting of deposits at any time convenient for you. We invite you to contact us and ask your questions. We also provide additional resources for research and organize a free presentation on the capabilities of the software.

This overview covers only a small part of the platform's capabilities. You can even order the development of individual functions for your company. We provide users with everything necessary for a quick start in the system. For example, you can use the interactive instructions, site materials and other tools. USU - automation capabilities available to you.