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SPECIFICTION
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CHS Online vs MoneyMinder

CHS Online

chsonline.in

MoneyMinder

moneyminder.com

Side by side

FigureCHS OnlineMoneyMinder
Price from₹8/mo$2.08/mo
Free plan—Yes
Free trialYesYes
Open source——
WebYesYes
Windows—Yes
macOS—Yes
iOSYesYes
AndroidYesYes
APIYes—
Plans published37
Spec score · HOA Accounting Software9.2 (#2)8.8 (#5)
AccountingThe system supports ledgers, bank and cash books, journals, debit and credit notes, reconciliation, audit-trial marking and voucher drill-down.Features include bank registers, transaction entry, account reconciliation, check printing, and financial reports.
DocumentationThe terms define documentation as online user guides, help documentation and training materials available through the application help link or login.The Help Center exposes topic areas such as getting started, financial years, budgeting and banking, with dozens of step-by-step articles and tutorial videos.
FoundedFour Rays Management says it was established in 2015; IndiaFilings records incorporation on February 4, 2015.2003
HeadquartersThe company is based in Thane, Maharashtra, India, with the official contact page describing a Mumbai-area office.Winter Park, Florida, United States
PurposeCHS Online is cloud based society accounting and management software for cooperative housing societies and resident welfare associations.MoneyMinder provides bookkeeping and financial management for nonprofits, volunteer treasurers, and small groups.
ReportingReports include trial balances, balance sheets, income and expenditure, receipts and payments, member or wing outstanding and statutory outputs.The system produces treasurer, audit, annual, fundraiser, banking and transaction reports and allows report export for customization.
SecurityThe homepage says the service uses 236-bit SSL protection and states that it does not sell or give personally identifiable information to third parties.MoneyMinder says financial account integration uses a secure, read-only connection and that data is backed up nightly.
SupportOfficial pages promise phone and email support; SoftwareSuggest also lists phone and email support.Subscription support is offered by chat, email and scheduled calls five days weekly from 8 AM to 5 PM Pacific, excluding holidays.
System requirementsThe FAQ requires a computer, internet connection, printer or scanner and a browser, with optimization for Google Chrome and Mozilla Firefox.The web service requires an internet connection, works on Mac and PC and is recommended with current Chrome, Firefox, Safari or Edge.

Plans

CHS Online

  • TrialFree
  • Premium₹8 a month
  • Professional₹350 a month

CHS Online pricing →

MoneyMinder

  • MoneyMinder Free EditionFree
  • Free EditionFree
  • MoneyMinder FREE EditionFree
  • Tax Form E-File: 8868 Extension$25 a year
  • Tax Form E-File: 990-N or 990-EZ$99 a year
  • MoneyMinder$299 a year
  • MoneyMinder Full Edition$299 a year

MoneyMinder pricing →

In their own words

CHS Online

CHS Online is cloud-based accounting and management software for cooperative housing societies and resident welfare associations. Society billing can use flat area, parking, tenant charges, recurring cycles, or metered gas and water readings. Accounting tools include ledgers, bank and cash books, journals, debit and credit notes, and bank reconciliation. Member records can cover membership types, shares, parking, tenant documents, powers of attorney, caretakers, loans and liens. Administration tools cover committee roles, fixed assets, document uploads, facility bookings and service provider details. Users can send member broadcasts, circulars, reminders, complaints and requests through email and SMS. Reports include trial balances, balance sheets, income and expenditure, receipts and payments, and outstanding balances by member or wing. Cloud-stored data is accessible online from a computer or mobile device; the mobile application is described as being for members. The service is provided by Four Rays Management Pvt. Ltd., established in 2015. The Trial plan costs nothing for 14 days with limited functionality. Premium costs ₹8 a month per flat, with quarterly subscription payment; Professional costs ₹350 a month, also paid quarterly. GST and online transaction or convenience charges apply to paid plans.

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MoneyMinder

MoneyMinder has no write-up on Specifiction yet; its figures are above.

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