Managing housing society finances involves billing, collections, vendor payments, and approvals—tasks often spread across spreadsheets and chats. Mygate provides an RWA-focused accounting ERP that automates invoicing, payment tracking, expense approvals, and audit-ready reporting in one connected platform. Committees gain transparency, residents receive instant receipts, and treasurers save time, making Mygate the trusted solution for over 27,000 societies across India.
Accounting for a housing society has always been complicated. Between maintenance billing, vendor invoices, collection tracking, and committee approvals, most RWAs end up juggling multiple spreadsheets and WhatsApp reminders. What they really need is a reliable society accounting software that automates all of it while maintaining accuracy, transparency, and control.
Mygate has become the go-to solution for thousands of societies that wanted more than just billing automation. It functions as a full-fledged ERP built specifically for housing societies, giving treasurers and committees an easy way to manage finances from one connected system.
Accounting challenges faced by most societies
Even in 2025, many societies still manage accounts manually. The issues are common missing entries, delayed reconciliations, mismatched ledgers, and approvals lost in email threads. These problems grow when there are multiple towers or large resident bases.
A good accounting software designed for societies eliminates these bottlenecks. It automates billing cycles, records collections instantly, and keeps all payment and approval data organized in one dashboard.
That’s exactly where Mygate stands out.
What makes Mygate india’s best society accounting software
Built for RWAs, not businesses
Most generic accounting tools don’t understand how housing societies function. Mygate’s accounting engine is built ground-up for RWAs handling maintenance billing, late fee rules, corpus fund accounting, and reconciliation the way committees actually work.
Automated billing and payments
The system generates monthly invoices automatically, tracks payments in real time, and sends reminders to residents. Payment gateways are integrated, so every transaction updates instantly without manual intervention.
Digital approvals and expense control
Every vendor bill or expense claim can be routed through digital approval workflows. Presidents, secretaries, or treasurers can approve them with a single click, and every step is logged for audit readiness.
Transparent financial reporting
From income-expenditure statements to balance sheets, Mygate provides real-time financial reports that are always audit-ready. Every entry is traceable, ensuring complete transparency and accountability.
How Mygate simplifies life for Treasurers and Committees
Treasurers can now close books faster because reconciliation happens automatically. Secretaries no longer chase committee members for signatures approvals happen digitally. Residents receive auto-generated invoices and receipts on the app, reducing manual effort for everyone.
By consolidating all financial and operational data, Mygate becomes the single source of truth for every transaction happening in the society.
Key capabilities of Mygate’s society accounting software
- Automated billing and collections
- Payment tracking and reconciliation
- Corpus fund and sinking fund accounting
- Vendor and expense management
- Digital approval workflows
- Resident ledger and statement generation
- Financial and audit-ready reports
- Role-based access for committees and auditors
Why RWAs across India trust Mygate
Mygate is used by over 27,000 housing societies across 50 cities. The reason is simple it understands how societies work. From small communities to large gated townships, its accounting module scales easily and stays accurate at every level.
It’s not just about automation. It’s about giving committees visibility into every rupee collected and spent, while ensuring compliance, control, and ease of use.