Nexus Management Corporation
Golden years we’ve passed!
Nexus Management Corporation established in established in 2020 with a vision to create revolution in the Society Management services as we are specialised in providing residential & commercial Society end to end Accounts and management Services.
After a vast research of the society managing field, we found the need of professional society manager who will keep the society accounting in such way so that the life of each member of society become easy and stress free from complex and tough accounting and managing jobs
Nexus Management Corporation is located in Maharashtra, Kamothe, Navi Mumbai 410209 and is part of the Office Administrative Services Industry. Nexus Management Corporation has 33 total employees across all of its locations and generates $2.03 million in sales .
Nexus Strength
As city developed, new challenges received with every construction and formation of societies, We have all society support System, our in-house expertise, our associate and vendors with Vision and unlimited expertise, all added together is our biggest strength which will grow from time to time and we are ready for it.
Nexus Team
Started with dedicated, enthusiastic and passionate team, we are adding and expanding our team. With addition of every new society in our bouquet and as per requirement, we add more pillars from time to time which gives strength to our growth.
Nexus Aim
Committed to provide the best quality of service, to make each and every society lifetime business partner with us. We believe in relationship and will continue to be part of your life through Society Management Business.
Mrs. Jija Jadhev
A society must keep proper accounting records of all the financial transactions, record of each assets and liability of the society and any other record that are crucial part of society ecosystem.
This is very tedious task and our expertise will help you to maintain the all transactions, Records as per accounting rules
We provide the below bouquet of services to the societies as per requirement.
We provide the below bouquet of services to the societies as per requirement.
1. Payment Collections, Billing & Receipts
2. Outstanding statements
3. Cash book and Bank book records
4. Bank Reconciliation
5. Members Ledger
6. Trial Balance
7. General Ledger
8. Income & Expenditure Account
9. Balance Sheet
10. Budgeting
11. Society Audit
A] Accounting Services
Services which are part of routine work :
- Preparation of Members Monthly/Quarterly Maintenance Bills.
- Collection of Maintenance Cheques from Members.
- Deposit of Cheques in Bank.
- Preparation of vouchers and necessary registers for accounting purpose.
- Salary to Staff and other vendors payment and maintain manual register of it.
- Preparation of cheques for Electricity Charges, Water Charges, Property Charges.
- Drafting Letter, Circulars, Notice to Members.
- Preparation of Agenda for Managing Committee Meeting (MCM), Annual General Meeting (AGM) & Special General Body Meeting.
- Preparation of Members Quarterly, Half Yearly Maintenance Bills Records.
- Preparation of Members Maintenance Receipts.
- Preparation of Members maintenance dues statement.
- Preparation of members maintenance advance statement.
- Computerized Cash Book & Bank Book.
- Computerized Members Ledger.
Other Premium Services
- Follow up pending dues from Members.
- Preparation of Minutes for the MCM, AGM, SGM etc
- Complete Share Certificate Work
- Maintaining I Register
- Maintaining J register.
- Maintaining Share Register.
- Maintaining Nominee Register
- Guidance on Society Handover from Builder
- TDS Return filing
- Income tax filing
- Yearly Account Audit by Certified Panel Auditor
B] Financial Management
- We are professional financial advisor to provide financial guidance to Society based on their needs.
- We provide knowledge on financial products, services, planning or advice related to maintenance working, sinking funds, repair funds, vendor service costing etc.
- Budgeting
C] Society Assets & Property Management
Asset management is the process of developing, operating, maintaining, and selling assets in a cost-effective manner. Most commonly used in finance, the term is used in reference to individuals or firms that manage assets on behalf of other entities.
Before anything else, an owner needs to take count of all the assets that he owns. If he is not aware of the exact number of assets in his inventory, then he won’t manage them effectively. When preparing an inventory of company assets, the following should be included:
- Total count of assets
- Where the assets are
- The value of each asset
- When the assets were acquired
- The expected life cycles of the assets
D] Managing and Maintaining Premises
We advise on the maintaining your society premises and its hygiene. We advise on services like security, housekeeping, gardening, lift, power backup, painting, civil repairs in the common areas of the society, etc. These charges should also include the replacement / sinking fund, insurance etc.
E] Monitoring and Managing Staffs / Vendors
Under this service, we provide below things as per your requirement as Society staffs and vendors are part of your society.
Staff Management
Staff name and details: complete details of the staff along with his residential address are maintained
Photograph for each staff: Photograph of the staff can be attached with the information
Identification documents Vendors: Scan copies of any documents of identification can be attached with information of the staff like ID proofs, address proofs, etc
Reference (if any) through which he/she joined: in case the staff has been brought by some reference, the name of the person introducing him/her can also be associated in the listing
Keep staff attendance properly scheduled: the daily attendance of staff can be maintained & it also makes it easy to count his leaves, etc.
Vendor Management
Keep record for each vendor: There are no. of vendors who provide various services to the society & its residents, so all vendor details can be maintained
Maintain the type of business they are into: The system gives an idea on the services provided by each vendor and their rates for the same, so you can compare and chose the best one
Details of contact person for them: Once decided, contact details can be directly extracted from the app thus reducing time for contacting at the gate and getting details, etc
Documents related to that vendor: The security is the foremost and for that the vendors should be trusted one. The vendor documents can be verified and kept for reference whenever required
Upload photo for products offered by them: The photos of their product offerings can also be attached with their profile for more clear decision making
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary …
Accounting Measurement
Economical Account
Team member
Completed works
Client’s feedback
Bank reconciliation
A bank reconciliation statement is a summary of banking and business activity that reconciles an entity’s bank account with its financial records.–
Call: 9321755989 / 9082762011