Finance Collection & Chit

Finance Collection & Chit Auction is a ledger and workflow app for people who collect money on a schedule: individual collectors, finance organisations with field agents, and member groups that run chit auctions.

COLLECTIONS
• Daily, weekly, every-14-days, monthly, twice-monthly, every-two-months, quarterly, half-yearly, yearly or custom schedules
• Dues are generated automatically, with month-end and leap-year dates handled correctly
• Record full, partial or advance payments by cash, UPI, bank transfer or cheque
• Unique receipt numbers, shareable PDF receipts and an outstanding balance after every entry
• Duplicate warnings, approval rules for collectors, and reversals that never erase the original entry

ORGANISATIONS AND STAFF
• Invite collectors, supervisors and accountants with single-use codes
• Assign customers to collectors and see agent-wise expected vs collected totals
• Cash handover declaration and confirmation with variance reasons
• Daily, weekly and monthly reports, arrears ageing, agent performance, statements and CSV export

CHIT AUCTIONS AND MEMBER GROUPS
• Versioned calculation rules (discount auction, fixed discount or lottery) with commission, limits and rounding
• Cycle calendar, attendance and eligibility, bids, computed results with tie handling
• Published results with an amendment history, payouts with confirmation, group ledger and auction register
• Members can sign in to see their own contributions and published results

BUILT FOR TRUST
• Every financial entry is attributed, timestamped and audited
• Indian Rupee formatting and English + Tamil interface
• Encrypted backup you can save to your own Google Drive, and restore into a new workspace

This app is a record-keeping tool. Registering, creating a group or an account does not make any finance or chit activity legally authorised; operators remain responsible for the applicable registrations and approvals.