Generic Chit Fund Software
have Suspense Accounts. Customer are not paying the due three months later, Chit
company admin transfer that customer to Suspense Accounts.
After that customer have any improvement or paying the due related in this chit
they are activated.
Otherwise some customer after some long period of time, they can receive their refund amount from their chit
Here Second point is Group Starting time all the customers details are chit
company maintaining the suspense accounts. after confirm paid the first due customer are transferred to New chit
company are maintain the suspense accounts. because they are avoid the more irrelevant customer, and chit
company expecting the more accuracy statement of all chit fund