Contribution Transfers

EazzyChama allows you to transfer a members contribution. This involves transferring of a a contribution from one member’s account to another within the group. This occurs in the following scenarios: When a member wishes to repay a loan through his/her contributions. When a member wishes to make a certain contribution through his/her other contribution. When a […]

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Reconciling Deposits

EazzyChama allows you to reconcile the deposits made directly from financial institutions. This means that you can use your financial institution e.g. your bank to record a deposit directly to EazzyChama. Once the payment (deposit) has been made, a notification appears on EazzyChama showing all the details of the transaction (i.e. Member Name, Transaction ID, Transaction Type, Transaction Reference Number, […]

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Recording Contributions

EazzyChama allows you to record contributions made by members of the group to their respective accounts. Once recorded, these contributions are updated to the member’s contributions details. To record a contribution; Go to; Deposits>Record Contribution Payment here Enter the deposit date, select the member(who have made the contribution), Select a payment description e.g. “monthly contribution”, enter the deposit […]

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Recording Fine Payment

This includes spontaneous fines which are recorded as deposits. After creating a fine in the fine category, they are recorded here . To record a fine; Go to Deposits>Record Fine Payment here Enter the deposit date, select the member(who is being fined), Select a payment description e.g. “fine contribution”, enter the deposit date and finally enter the […]

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Loan Repayment

EazzyChama allows recording of members loan repayment. To record a loan repayment; Go to; Deposits>Record Loan Repayment here fill in the entries as follows: Deposit date: Select the date when the payment was made. Member: Select the member responsible for the payment. Payment for: Briefly describe the loan payment. Account: Select the account. Deposit method: Select the method […]

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Recording Miscellaneous Payments

EazzyChama allows you to record miscellaneous payments. This includes small payments which have not been categorized anywhere else e.g. buying a book To record a miscellaneous payment; Go to; Deposits>Record Miscellaneous Payment here Fill in the as shown below Deposit date: Select the date when the payment was made. Member: Select the member responsible for the […]

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Recording Income

EazzyChama allows you to record all external income that is earned. This includes money from outside the group e.g. bonuses and grants. Go to; Deposits>Record Income here fill in the entries as shown below: Deposit date: Select the month and date when the payment was received. Depositor: Click to select the depositor. In the case […]

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Recording Expenses

EazzyChama gives an interface to record all group expenses. This includes all the cost required for something e.g. paying for a trip. To record expenses; Go to Withdrawals>Record expenses here fill in the entries as follows: Expense Date: Set the day and date for the expense. Category: Select the expense Category. Account: Select the account to be debited. Withdrawal […]

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Listing Deposits

EazzyChama allows you to displays all deposits which have taken place on your group members’ accounts. To list deposits; Go to; Deposits>List Deposits here This displays a list of all deposits to the group. You have successfully listed your group deposits.

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Recording Account To Account Money Transfer

Recording Account To Account Money Transfer EazzyChama facilitates the recording of money transfer between bank accounts within your investment group. This occurs when you wish to transfer money from one account to another account within the group. To record an account to account money transfer; Go to Withdrawals>Record Account to Account Money Transfer here Fill in […]

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