Biz Solutions BankSmart (Banking System)


BankSmart is a Customizable Software Designed and developed for Banks, Co-operative banks and Patsanstha. System takes care of all the day-to-day transactions with all required MIS reports. The system is designed by using Microsoft visual basic with backend as MS Access. The system can also be offered to work with any other backend available with the user such as SQL server, Oracle etc.

The system has the facility to transfer the data of branches to head office. The system generates all the reports required by RBI and other Government agencies.


Features of the proposed System
Fast Data transfer via internet and intranet
Required format data transfer
Multi user
Centralize database
Online Help
Easy to Customize report
User wise date recaller
Easy to install and use
Database Security
Automatic backup and recovery
User access depends on role and rights
Removal of data dependency
Offline and online data transfer
Intranet messaging
Searching and query
Online mailing of documents ie statements
Online tracking of data
Maintenance of log files
History files
Facility To Maintain Min Balances For Saving, Current Accounts
Credit Cash Vouchers Printing
Credit Transfer Vouchers Printing
Debit Transfer Vouchers Printing
Clearing Vouchers Printing
Fixed Deposit Receipt Printing
Notices Printing For Dues/Outstanding Loan Installment Etc.
Account Opening Form Printing
Advice's To Branches Printing
Letters of BC, BR Printing
All Reports Are As On Date
Backdated Reports -> Without Any Processing, Requires Same Time As Today's Report
No Fixed Counter, Any Work Can Be Done On Any Counter


Workflow of BankSmart



Modules of BankSmart

A. Share Accounting (Head Office)
Members Information
Share Register As On Date
Dividend Calculation ( Day-wise, Month-wise)
Balance As On Last Year Ending
Dividend Warrant printing ( Code-wise, Branch-wise)
Dividend Transfer to Saving Account
Old Dividend Transfer to Reserve Fund
Mailing List
Share Scroll
Dividend Scroll
Share Account Statement
Dividend Statement
Share Certificate Printing.

B. Payroll (Head Office)
Information of Employees (Bio-data)
Pay Calculation
Pay-slip Printing( Employee Code-wise, Branch-wise)
Pay Register (Grade-wise, Branch-wise, Consolidated)
Net Amount Register with A/c. No
Branch-wise Summary Pay Register
Allowance Register Code-wise
Deduction Register Code-wise
Leave Register Monthly
Employee's Yearly Details of Allowances & Deductions
Provident Fund Register
Bonus Calculation
Bonus Register
Form-3A /6A/12A Printing
Combined Challan Printing
Form-16 Printing
Income-Tax Calculation
Form-24 Printing

Financial Accounting (Head Office)
Balance Statement with Code & Name, Balance With Code and Balance only.
Trial Balance
Receipt & Payment With Opening & Closing Balances
Liquidity Register
Balance Sheet (Code-wise, Group-wise, N-Type)
Profit & Loss (Code-wise, Group-wise, N-Type)
Receipt & Payment Statement
NPA Calculation & Statement
Priority & Weaker Section Loan Statements
Dead Stock, Statistical Reports
Consolidation

The data can be collected from all branches through modem (Online/Offline) so that there will not be any necessity to generate the branch data in H.O. By collecting the data from branches all the required reports and RBI reports can be generated automatically.

D. Loan & RBI Reports (Head Office)
Form 1
Form 9
Priority Sector
Liquidity Register
Annexure I
Annexure II
Appendix I
Director & Relative Loan Information

E. Daily Activity (Branch Office)

Day Begin Activity
Standing Instruction Execution
Matured Fixed Deposit & Fixed Deposit Loans Credit, Debit Operation with Voucher Printing.
Automatic Renewal of Fixed Accounts.
Transfer Matured Fixed Account To Matured Fixed
Deposit General Ledger
Cash Entries
Transfer Entries
Clearing Entries
Passing Of Cash & Transfer Entry
Special Instruction Issue
Cheque Book Issue
Cheque Stock-Payment
Cheque Stock-Payment Release
Account Opening
Account Closing-Interest Calculation For Deposit

Premature (Rate As On Date)
Matured Fixed Deposit Interest Calculation
Loan Account Interest & Penal Calculation
Clearing Working-Entry
Register
Patty
Passing

Day End Activity
Daily Reports
Daybook
Sub Daybook
Cash Scroll Receipt
General Ledger-wise Payment
Special Instruction Register
Loan Installment & interest List At Time Of Accounting Opening
Cheque Book Issue Register
Cheque Book Stock Checking
Current Position Voucher No-wise
Cash Summary With Denomination
Cashier Counter-wise, Consolidated
Daily Statement For Liquidity
Account Opening Register
Account Closing Register
Standing Instruction Register

F. Quarterly Activity (Branch Office)
Quarterly Interest Calculation
Quarterly Penal-Interest Calculation
Calculation Of Service Charges For Current Accounts
Balance Statement With Code & Name & Balance With Code & Balances only
Notice Printing Matured-Fixed Deposit
Expired Loans
Overdue For Loan Account
For Guarantor
Due Interest
Trail Balance
Receipt & Payment With Opening & Closing Balances
Liquidity Register
Balance Sheet (Code-wise, Group-wise, N-Type)
Profit & Loss (Code-wise, Group-wise , N-Type)
Receipt & Payments
Deposit Reports
Member/Nonmember Deposits
Amount-wise Deposit
Period-wise Deposit
Comparative Statements For Loan Deposit, Expenses
Average Rate Of Interest
Loan able Amount
Transaction Query Report
Customer's Status
Monthly Reports
Balance Statement
Notice Printing Matured Fixed Deposit
Expired Loans
Overdue For Loan Account
Trail Balance
Receipt & Payment With Opening/Closing Balance
Liquidity Register

Special Reports (Branch Office)
Loan Reports
Liability Register For The Member
All Members
Overdue Register Total Overdue
Sanction Amount-wise
Overdue Amount-wise
Director wise

Address wise
Period wise (Age wise)
Demand Register
Recovery Register
Purpose Register
Priority Register
Insurance Register
Sanction Amount wise Loans
Period wise Loans
Defaulter List
Vehicle wise Register
Average Rate Of Register
Special Features

G. Password Security & Authorization (Branch Office)
The banking software needs maximum security and accurate data where no third party should have access and means to manipulate data so that the chances of fraud is at the minimum. High security features are inbuilt in the software using password and authorization levels.

1.Only the duly authorized employees of the bank can have accesses the system and will be able to log in the system.

The access levels designated can be
Clerk
Cashier
Passing Officer
Manager
System Administrator

2. Separate Login-id's are provided to identify the persons operating on the system. The Use-id is written for each transaction, so that the work report can be generated accounting to the user.
3. Password can be changed at any time by the authority.
4. The entries without working day are restricted.
5. Menus, operations and reports are restricted for authorization. e.g. Overdraft to current Account will be given by the manager only.

H. Tele Banking
1.Customer can call to bank and the bank computer will respond to his query by giving human voice signals.
Customer can ask for the current balance of the account.
Customer can get information of Cheque in clearing.
Information of last five transactions.
Stop payment instruction.
2. The communication between the branches. The branches are suppose to supply periodical information to the head office on which head office generate consolidate information. Our bank module can give such a facility of transfer/receive data and consolidate it.

I. Inter Branch Activity
We allow inter branch transaction to be done between any two branches. In this any account holder can withdraw amount from any branch. The payee branch will communicate the accounting branch and will get information about the account, accordingly the debit/credit transaction will be passed and bank transfer entries will be generated automatically. Our IBT will provide this methodology-using dial up type of connectivity. This reduces cost of connectivity. What we need for all is a separate telephone connection at one of the node (preferably direct line and not through EPABX.)

Provides tools like Notepad, Calculator, Calendar, Phone-Dialer etc.

The Software has inbuilt tools and facilities which are needed by the person working on a computer everyday, like note-pad, phone-dialer, calculator and calendar which can show date of last twenty and next twenty years.