10 things to consider before evaluating balance sheet

If you are a Secretary, President, or the Treasurer of a gated community, terms like maintenance dues, late payment charges, reconciliation of the balance sheet are a part of your everyday job.

For a society to run smoothly, maintenance dues have to be paid on time, the accounting has to be precise, and the treasurer must have clear insights on the society’s income and expenses.

However, not every treasurer or secretary comes from an accounting background and for this very reason, ApnaComplex offers a robust, fully automated accounting and billing solution with 100+ financial reports and 30+ audit-ready reports.

When the time comes to reconcile or evaluate a balance sheet, the Treasurer must consider various aspects and pay attention to a handful of factors before evaluating the balance sheet and submitting for audit.

Keep reading to learn about these essential factors and why they can never be overlooked!

Fixed Asset Verification

A Treasurer must ensure that whatever fixed assets physically available in the society’s premises,  must reflect on the balance sheet as well. This will help the treasurer keep note of the available assets, depreciated value, etc.

Outstanding receivable confirmation

All outstanding amounts, including maintenance charges, vendor payments, service charge dues, etc are received and updated on the balance sheet. Failing to add even a negligible amount can cause confusion and discrepancies which will cause trouble to the Management Committee during the time of auditing.

Bank Reconciliation

The treasurer must ensure that the bank balance reflecting on the account and bank statement/balance sheet are the same. If it doesn’t match, the treasurer must spend eons of time figuring why the statement and balance doesn’t match and must fix it before auditing.

Thankfully, with ApnaComplex, a treasurer doesn’t have to worry about this, for the solution auto-reconciles the balance sheet. It also gives the comprehensive details of overdue, advance payments, late payment charges, etc, saving a treasurer’s time by more than 80%.

Vendor Payments

Vendor payments, including any loans or advance payments made to or received from vendors, have to be cross checked and recorded along with the date and vendor details. The treasurer must also keep a copy for all the invoices and receipts for future references.

The ApnaComplex system, enables the treasurer to auto-generate receipts and invoices, and maintain digital repository of the same.

Vendor Payable Reconciliation

Payments made to vendors must be recorded and reflected on the bank account and bank statement.

Corpus Fund and Sinking Fund

The Treasurer must confirm that the Corpus Fund (capital amount, or the money provided by the builder to RWA during the formation of RWA), and the Sinking Fund (emergency money) are untouched. They should also ensure that the money in the bank and the amount reflected on the balance sheet/statement are the same.                        

Fixed deposit and interest

The Treasurer must confirm the money fixed deposit and the interest it generates. It should match the bank statement.

Year ending provision

Any provision such as security services, electricity charges, equipment maintenance services that happened before March has to be incorporated in the provision and reflected on the balance sheet.

Refundable Deposit and Advances

The Treasurer must also confirm the Refundable deposits (if any) and advance payments.

Statutory Payment payable and Compliances

The Treasurer must make sure that the TDS payments, GST payments, ITR payments, etc are done and all the relevant forms are filled and submitted.

We hope you find these quite useful! ApnaComplex’s accounting solution is the only fully-mature solution made for and by gated communities available today. It is GST compliant and fully automated. If you would love to simplify your society’s accounting processes and save your time and energy, visit apnacomplex.com


With ApnaComplex and Ola, say yes to EV charging stations

Even though electric vehicles are gaining popularity among the Indian masses, there is a hesitancy to purchase EVs due to the lack of charging stations. To solve this very issue, at least among the gated communities, ApnaComplex has partnered with Ola Electric to install electric vehicle charging stations in societies managed by the former for free of cost.

By installing EV charging stations through ApnaComplex, societies can enjoy the following benefits.

–          The installation is done completely free of cost and the societies need not pay any capital amount to have EV charging stations installed.

–          Societies can earn revenue through electric vehicle brand activations. They can rent out spaces to EV companies and earn revenue via rents. Having EV charging stations will make these activations more relevant.

–          Having EV charging stations installed in societies will encourage residents to buy EVs thereby creating a cleaner and greener environment for residents and children alike.

–          The charging stations offer convenience to residents who are already using EVs.

–          This move by societies will comply with the upcoming government regulations on EV and EV charging stations

By the year 2030, the number of vehicles that will be running on roads is expected to increase by a whopping 200 million in India according to ICCT – The International Council on Clean Transportation.

On the other hand, Prime Minister Narendra Modi had revealed that India aims to reduce carbon emission by one billion tonnes by 2030 at the COP26. To balance this and to achieve our Green India goals, transitioning to electric vehicles (EV) is the need of the hour, for it is one of the best ways to reduce carbon footprint.

With 32% of all households living in societies in the top 50 Indian cities, and most families owning one or more motor vehicles, commencing the transition here would certainly have a profound impact in the long run. 

By embracing electric vehicles, people of today can pave the way for a greener tomorrow. Join the EV revolution, do your bit. 

If you are from an ApnaComplex Society and interested in installing EV charging stations in your society, please write to support@apnacomplex.com

If you are not an ApnaComplex user and want to know more about this, please write to sales@apnacomplex.com or call  8088611229.


Smart Water Conservation – Keerthi Gardenia’s tool to tackle Bengaluru’s water crisis

Managing a society efficiently is a mammoth task. It involves commitment and dedication, team effort, and the ability to constantly improve the management methods and add innovation for the welfare of the society.

One such society is Keerthi Gardenia, located in Marathahalli, Bengaluru. Lieutenant Maniyan, President of Keerthi Gardenia, shares the ‘best practices’ implemented by his society which are benefitting them in the long run.

Water Treatment Plant (WTP)

Keerthi Gardenia’s Water Treatment Plant (WTP)

Maniyan was quite proud of the measurements his society is taking when it comes to treating and reusing wastewater. He said, “we collectively strive for better hygiene and good health of our society members and we ensure both water and water-supplier, are good.

This has pushed us to implement a wonderful WTP (Water Treatment Plant) System in place. Our water filters are well maintained and make sure our water treatment plant is always in a good and operational condition. Here, I’d like to particularly thank our housekeeping team who cleanse the media filter for half an hour daily. If you don’t flush it, then the salt will sediment and the quality of the water will also be affected. Eventually, within a month, the filter will also not function as it is supposed to function.

Every member of the housekeeping actively takes turns to cleanse the media filter and maintain the WTP. While there are at it, they will also take a photo and share it with the Committee Members as proof”.

Staffs of Keerthi Gardenia

Water Preservation

Keerthi Gardenia has taken three measures for water preservation – the Rainwater Filter and STP (Sewage Treatment Plant), and the Rain Water Harvesting Pit.  

Rainwater filter and storage tank

“You might have seen a black box or cylinder on the rooftop of a few apartments and we have such a system here as well. This is called the rainwater filter. This filter collects the rainwater that falls on the terrace, filters impurities and then the water is moved to the sump. This way we have reduced the water dependency from outside sources.

Sewage Treatment Plant (STP)

Secondly, our STP system is doing very well. The water is so transparent and free of impurities that even our vendor claims this can be used for drinking purposes, however, we don’t use it for drinking as of now. The treated water doesn’t carry any kind of smell and it is very clear and clean. The daily logging system we have in place is also proving how honestly we are maintaining the STP.

Once KSPCB (Karnataka State Pollution Control Board) audited this water sample and post which, they certified it as well stating Keerthi Gardenia is treating the water well”, explained Maniyan.

Speaking about Rain Water Harvesting, Maniyan said, “our apartment has been constructed on only 60% of the area, and the rest of the 40% is open or rather garden. In this land, we have created 10 Rainwater Harvesting pits. We ensure that the rainwater is collected properly and the excess water is released to the borewell”.

Smarter COVID management

COVID Warriors of Keerthi Gardenia

Maniyan recounts how his society effectively took care of the COVID crisis and the measures they had taken especially when the cases were at their peak.

“When Corona cases were skyrocketing during April and May, the government had issued guidelines and one of them was people traveling must home quarantine mandatorily. In light of the then-developing events, our society created a voluntary framework to tackle the situation. We decided not to allow any vendors or online delivery agents inside the premises and the packages were asked to be left at the gate.

“Since we have a voluntary framework, our volunteers pick the deliveries from the gate and leave them at the doorsteps of the quarantined flats. If a package was left at the gate at 4 pm, by 4:15 pm, it was delivered to the flat by our volunteers. We were able to see the deliveries in real-time.

After a while, cases increased in our society too and we continued to follow this framework along with other COVID protocols. We went to great lengths to avoid gossiping about or treating COVID-positive residents as pariahs.

Another best thing is we had enormous voluntary support. Three or four volunteers came forward to help a single flat that was under 14 days home quarantine. Through these methods, I believe, we were able to effectively and successfully tackle the Coronavirus crisis”, concluded Maniyan.

From assisting with the water tank monitoring to helping track quarantined flats and vaccinated staff and residents, ApnaComplex helps with every aspect of society management. Our app is comprehensive and we are the only matured solution that caters to all the needs of a gated community. Schedule a free demo by clicking https://bit.ly/371rCx and manage your society effortlessly with the help of India’s No 1 Society Management Application!


Expert Speaks On How To Co-exist With COVID-19

ApnaComplex is conducting a series of webinars in partnership with The Times of India. These webinars are exclusive only for members of Societies using ApnaComplex.

In these webinars, experts are speaking on important topics that focus on COVID-19. Since its advent in December 2019, the COVID-19 pandemic has caused stress, fear and panic among people. And as the COVID-19 pandemic continues to loom and the lockdown restrictions have been eased in some parts of the state, life has somewhat gone back to normal (the new normal).

While the numbers of coronavirus cases are declining, the risk of infection is still prevalent as we get back to our new normal life. So, in this live webinar, Dr. Shashank Joshi, an Indian endocrinologist, diabetologist and medical researcher spoke to us on “How to co-exist with COVID“, where he shared the precautions to take in our daily routine as we start moving out.

In the first segment of the webinar, Dr. Joshi spoke about the history of coronavirus and how it emerged as a global pandemic. He further explained the difference between coronavirus and COVID-19; coronavirus is the virus that causes COVID-19 disease. He also spoke about the symptoms of COVID-19 which includes dry cough, high fever, shortness of breath, lack of smell and taste, secretions from the nose and sore throat.

Dr. Joshi also spoke about how COVID-19 is transmitted from one person to another. In fact, he mentioned that around 60-80% of people get coronavirus. He also stated that the different stages of COVID-19 are asymptomatic, mild, moderate, severe and critical COVID.

Dr. Joshi has shared a list of lifestyle protocols that we should implement into our daily routine during the COVID-19 pandemic.

  • Eat plenty of fruits and vegetables.
  • Have your meals on time.
  • Eat a large breakfast, moderate lunch and light dinner.
  • Keep your body hydrated.
  • Eat your meal slowly.
  • Try to eat Sattvic food.
  • Stay physically active.
  • Try to get 7 hours of sleep; try to sleep between 9.30 p.m to 4.30 a.m or 10 p.m to 5 a.m.
  • Quit smoking and avoid drinking alcohol.
  • Stay positive and happy.

Dr. Joshi also spoke about the types of COVID-19 tests – RT-PCR test and antigen test. These tests will help in diagnosing the coronavirus infection in the body.

The post-recovery for COVID-19 includes taking utmost care of yourself, eating nutritious foods, doing yoga, pranayam and breathing exercises and staying connected with your doctor to help with the recovery process.

These are the key points shared by Dr. Joshi in the webinar:

  • To prevent from getting infected from coronavirus, wear a well- fitted mask that covers your nose and mouth properly and a zero power or a regular spectacle.
  • Choose a proper mask which will not allow you to blow a candle or you can’t see a bright light source through it. These are the signs of a good quality mask.
  • Wearing a mask is important as it puts you at a lower risk of contracting the virus even if you are in close contact with a COVID-19 infected person. The chances of contracting are less than .5%.
  • Maintain physical distancing.
  • Ensure proper hand hygiene which involves washing your hands with soap and water or using a hand sanitizer.
  • Do not touch your nose, mouth and eyes with your hands.
  • The highest transmission risk occurs when you are eating out so ensure that you maintain physical distancing.
  • In India due to COVID-19, the mortality rate is high among people who are above 50 years.
  • People with diabetes, hypertensive, heart disease, chronic lung, kidney and liver disease and organ transplant survivors are at a higher risk of contracting COVID-19.
  • People who are undergoing chemotherapy and who are on steroids and immunosuppressant medications are at a higher risk too. Also, people with AIDS and congenital immunodeficiency disorders are more susceptible to get coronavirus.
  • Avoid crowded places and poorly ventilated rooms.
  • Homeopathic, allopathic and Ayurveda medicine will not prevent COVID-19.
  • Children are less susceptible to COVID-19.
  • Women are also less susceptible to COVID-19 because of the female hormone oestrogen.
  • Men are more vulnerable to COVID-19 as compared to women.

Here are some excerpts from the webinar:

  • What should you do if you think you have COVID-19?

Check your body temperature, monitor respiratory rate and pulse rate, monitor your blood pressure levels and monitor blood glucose levels to help determine if you have contracted COVID-19.

  • What are the treatment options for COVID-19?

Antiviral drugs, supportive care and prone positioning are some of the treatment options for patients with COVID-19.

  • Will you get immunity if you contract the virus?

If you get COVID-19, you will generate antibodies and after usually 3-6 months the antibodies will go away and you will get some immunity. However, this does not signify that you are immune to COVID-19.

  • What foods should you eat to help boost your immunity?

Consume Sattvic foods which can help boost your immunity as it consists of fresh fruits and vegetables and essential spices and herbs.

  • What are the atypical symptoms of COVID-19?

Diarrhoea, abdominal pain, lack of smell and taste are the atypical symptoms of COVID-19.

ApnaComplex conducts informative webinars on different topics. So, stay tuned to emails from ApnaComplex and ApnaComplex social media pages for upcoming webinars.


GST for Apartment Associations and Housing Societies – Clarifications

In a recent circular, the Department of Revenue has brought more clarity into the GST Calculation of Resident Welfare Associations(RWA). We have put together a comprehensive guide on how this may impact your Society and how ApnaComplex can help your Society adhere to GST regulations effortlessly.

Q: Is our RWA required to collect GST on Monthly maintenance collected from our members?

A: Your RWA is required to pay GST only if both of these conditions are met:

  • Aggregate Turnover of your RWA > Rs.20 lakh per year
  • Maintenance charged per member per month > Rs. 7500

Your RWA is exempt from GST even if one of these conditions is not met.

To auto-calculate GST for your RWA, just spend a few minutes and update the tax structure for your Society in ApnaComplex. ApnaComplex automatically generates GST Computation Report which exactly specifies how much GST your Society has to pay for a particular time period.

 

Q: Can our RWA take an input tax credit of GST for payment of Capital goods and Services towards our vendors?

A: Yes, RWA can claim an input tax credit of GST paid on capital goods (generators, water pumps, lawn furniture, etc.), goods (taps, pipes, other sanitary/hardware fillings, etc.) and input services such as repair and maintenance services.

In the ApnaComplex expenditure module, while entering the bills, you can capture the GST levied by the vendors. ApnaComplex’s GSTR 3B report automatically shows the GST inflow credits on payment made towards your vendors for Goods and Services. This report will exactly indicate how much GST credits can be claimed by your RWA.

 

Q: If a member owns two or more flats in the housing society or residential complex, will the ceiling of Rs. 7500/- per month per member on the maintenance be applied per residential apartment or per person?

A: As per the general business sense, a person who owns two or more residential apartments in a housing society or a residential complex shall normally be a member of the RWA for each residential apartment owned by him separately. The ceiling of Rs. 7500/- per month per member shall be applied separately for each residential apartment owned by him. For example, if a person owns two residential apartments in a residential complex and pays Rs. 15000/- per month as maintenance charges towards the maintenance of each apartment to the RWA (Rs. 6000/- per month for one apartment and Rs. 9000/- for the other apartment), the exemption from GST shall be applicable on the apartment whose maintenance is Rs. 6000/-.

ApnaComplex’s 100% automated invoicing lets you set up recurring against all or select flats based on formulae or fixed value or both. Our intuitive interface lets you configure maintenance charge calculation methodology yourself without the need to get in touch with our Support. Visit ApnaComplex Portal > Income > Member Income > Recurring Invoice to set up a recurring invoice to your members.

 

Q: How should the RWA calculate GST payable where the maintenance charges exceed Rs. 7500/- per month per member? Is the GST payable only on the amount exceeding Rs. 7500/- or on the entire amount of maintenance charges? 

A: In case the charges exceed Rs. 7500/- per month per member, the entire amount is taxable. For example, if the maintenance charges are Rs. 9000/- per month per member, GST @18% shall be payable on the entire amount of Rs. 9000/- and not on [Rs. 9000 – Rs. 7500] = Rs. 1500/-.

ApnaComplex enables you to easily define the GST calculation methodology in accordance with the above rule. Just select ‘No’ for “Apply Tax on the excess amount” field in your GST tax structure on ApnaComplex

 For your reference: GST-circular-No-cgst-109

If you need any assistance in harnessing the full capabilities of ApnaComplex’s accounting module, schedule a demo here. We would be happy to help.


Security Guard Patrol Tracking – India’s First App based Patrol tracking solution for Apartment Societies.

Security Guard Patrolling within the Apartment Society is probably the most important daily routine that keeps your Apartment Society secure at night. Unfortunately, Guard Patrol is also one of the processes that is not tracked with rigor it deserves. Most societies don’t know if the Security Guard Patrol is happening as per schedule or if the patrol is covering all nooks and corners of your Apartment Society.

But no one can be blamed for this situation. The alternative involved spending an inordinate amount of money on security infrastructure, until now. With the launch of Guard Patrol tracking, ApnaComplex has changed the game.

Security Guard Patrol is our latest innovative solution that just uses Geo-tagged QR Codes and our App to give the bulletproof security to your Apartment Society. Your residents don’t have to spend a single penny of their hard-earned money on infrastructure or software as Guard Patrol tracking is already part of your ApnaComplex Subscription. You can set-up guard patrol tracking in your society right away.

Here’s how it Works:

  • In just a few clicks, define the patrol route and checkpoints inside your Apartment Society covering all the risky areas.
  • Each checkpoint is geo-tagged. This ensures the guard actually covers that location and checks in.
  • Your guards can simply check-in by scanning a QR Code or tapping an NFC Card or using any of your existing security systems.
  • You will also get a detailed automated report with an accurate record of all patrols inside your Apartment Society.

If you are an existing ApnaComplex Customer, please refer our self-help guide to setup patrol tracking in your Society today or go through our Youtube video attached here. If you don’t already have ApnaComplex, it’s high time you schedule a demo with our experts here. We have a lot more similar innovations in store to make Living in Apartment Society, a pleasant and convenient experience for residents, committee members, and security guards.


Women’s Day Special: Exclusive interview with Super Women at ApnaComplex

International Women’s Day is no longer a new topic today. It is celebrated across the World in order to recognize and appreciate the contributions and achievements of the women in various fields. Starting from being Home-maker to Management Committee members to Working Professionals, they truly define the spirit of today’s women. Today, we decided to talk to three such women about their journey in ApnaComplex and how they are leading their lives with multiple roles and responsibilities.

These women are super confident and self-motivated either at home or at the workplace. Mrs. Prema Robert, Head of Human Resource at ApnaComplex quoted that “Confidence comes from the kind of responsibilities that I get it, more the responsibility that is given to me, the more I feel confident and that makes me explore more, learn more and motivates me to give my best.” Mrs. Arundhati Sen Pradhan, Head of Strategic Partnerships at ApnaComplex states “Motivation comes from the team that I work with, the people that I work with, gives me the motivation to do best in what I do”.

They mentioned that it has been a great journey so far and it is fun working at ApnaComplex. It is quite an experience for anyone to manage multiple roles. Ms. Monika Mitruka, Software Developer at ApnaComplex finds the experience ‘’very challenging and satisfactory.” They also mentioned that the key to confidence is knowledge & learning. These women feel privileged being women as they feel that they have the ability to handle both work and family life.

At ApnaComplex, they all have built stronger social connections amongst themselves. They advised that everyone has her own way of doing things and everyone should have belief in themselves first. Mrs. Arundhati concluded as “It is a very fun life, live to the fullest.” At ApnaComplex, people are full of enthusiasm, confidence and most importantly motivated to face all the odds. Moreover, accomplishing these odds has always been a challenging situation for these women.

Raj Sekhar Kommu – Co-founder and CEO of ApnaComplex says “We are pleased to celebrate International Women’s Day with all the amazing superwomen at ApnaComplex. International Women’s Day is celebrated globally to highlight and honor the social, economic, cultural and political achievements of women, and to call for gender equality. At ApnaComplex, we firmly believe in gender equality and are forever grateful to every female employee who is an integral part of ApnaComplex.”


Complaint Box 3.0 with Upgraded features

In our continuous endeavor to make management of your Society efficient and effective, we have released a few major enhancements to the most widely used capability in ApnaComplex  – the humble, yet world-class Complaint Box. These changes incorporate the latest best practices in managing a Society Helpdesk by Facility Management teams – with two key goals, reducing the efforts of Facility Management Staff and Improving Resident Satisfaction. As always, ApnaComplex continues to innovate and raise the bar.

Here is a gist of the key changes we have implemented:

  1. Take your Society’s Issue Resolution to next level. When a complaint is closed, the facility management team now has an option to update “Root Cause” of the complaint. This helps the FM team to tag the core reason why an issue happened. The report for all complaints shall help the Facility Management team understand the areas to focus on for improving resident satisfaction.
  2. Despite best intentions, some complaints cannot be solved. Committee now has the ability to tag a complaint as “non-solvable” after member re-opens a complaint X number of times. Once a complaint is tagged as non-solvable member will not be able to re-open the same. X can be configured in the settings panel.
  3. ApnaComplex complaint box now has the ability to configure if the resident can see the actual staff name who is working on the complaint (by default it is shown). If enabled, the resident would not see the details of the staff who exactly is working on a complaint. It helps in avoiding the residents to call up the staffs directly and encourages process compliance.
  4. We have 50% of our customer demanding that when a resident logs a complaint, it must default to a ‘Personal’ Complaint and the rest saying exactly opposite that it must be ‘Community’ complaint. To keep everyone happy, admins can now set default complaint type for their society.
  5. The new Complaint Box supports the ability to optionally select a Unit for ‘Community’ type of complaints (which was restricted to ‘Personal’ complaints in the past). This helps when Helpdesk staff has to log a community complaint on behalf of a Resident.
  6. Admins and Staff can now change the complaint type (from ‘Personal’ to ‘Community’ or vice-versa). As a bonus, Complaint Box now allows the nature of the complaint (from complaint to suggestion etc.), update the urgency status and even change the unit # if needed.
  7. Complaint Box now supports the ability to add ‘Private Notes’ against complaints which are only visible to the administrators. Staff can keep adding internal updates on a complaint as private notes, which are only visible to admins and not to the resident. This helps the staff in maintaining updates at one place for a given complaint.
  8. The most coolest feature of the new Complaint Box – Ability to create “templates” which can be used by Staff when adding notes against a complaint. Templates will help staff to respond to complaints professionally and in a consistent way. We are sure residents of your society will feel the difference in the quality of responses. In addition, this saves significant time for staff as the efforts of typing reduce significantly.

 


7 Powerful Guidelines for Cash Locker and Almirah placement that you should apply Now!

Have you ever thought about how you should place different objects at home as per Vastu?  Do you know the direction, colour, and material of the cash locker and almirah for wealth and prosperity? Yes, it is very important to know the placement, colour, and material before placing any object or item. Here are some Guidelines for placing an Almirah (wardrobe) or Cash Locker that you must apply now:

  1. Do not use almirah made of stones or marbles. Always prefer wood or iron almirah in the bedroom.
  2. Almirah should be placed in Southwest direction so that it opens in North or East.
  3. Almirah should be in some subtle colours like cream or light colour shades.
  4. Make sure not to have any mirror on the Southwest almirah.
  5. Placement of Almirah has different impacts for different rooms and should be placed as per Vastu guidelines.
  6. For Bedroom Almirah-
  • Place bedroom cabinet or almirah in Northeast or Southwest corner.
  • Mirrors on almirah must be avoided especially if this almirah is placed in your bedroom.
  • If there is a mirror on the bedroom almirah, make sure it is not facing the bed.
  • Avoid dark coloured wardrobe or almirah in the bedroom. Use light-coloured almirah.
  • For the bedroom, the almirah or wardrobe should open in east or south direction.
  1. For Cash Almirah-
  • Make sure the cash almirah or locker is comprised of a single door.
  • The placement of the cash almirah or locker should be such that it is facing the North. Since North is the direction of Kuber, so it is believed that Lord Kuber refills the cash.
  • Do not place the cash almirah in Northeast, more expenses will be there and ultimately loss of cash.

Conclusion- There is no substitute for hard work, but if you follow these guidelines it helps to balance the energies in the surroundings and attract more positivity to your home.


Smart Vastu tips to retain money

We are at a fast pace for growth. Growth for a better future and for a better world. But have you ever imagined what if there is no money or financial dearth in your life?  Nobody has seen the future, it’s essential to save than regret later. There are different types of solutions available in the market on money management. Retaining money is not that easy. It needs lots of planning.

Let’s talk on some easy and effective vastu changes to ensure a positive outcome and more money inflow.

Cash Almirah or Locker It is very important to understand where to keep your cash, almirah or Locker. Place the cash almirah or locker in the Southwest or South wall so that it opens in the North. This is the direction of Lord Kuber. It is believed that Lord Kuber refills the cash almirah so this is how you attract money.

Main door instructions Never place big or high trees in the Northeast direction outside your home as this creates an obstacle for the cash inflow. Also, keep the main entrance clutter free and if there is any shoe rack, replace it away from the main door or entrance.

Place a fish aquarium An aquarium is used especially to enhance money, career and luck. If used properly in the right direction, it brings wealth and abundance in the home. To know the best direction, you can read http://community.vastudekho.com/3785/attract-wealth-and-luck-placing-aquarium-vastu-tips-aquarium

Check these other important Vastu Dekho measures to ensure no blockades for the cash inflow-

  • Never place big or high trees in the Northeast direction outside your home as this creates an obstacle for the cash inflow.
  • Lord Kuber and Goddess Lakshmi like cleanliness so ensure that all the windows and doors of the house are properly cleaned. If not, they will obstruct the flow of money and wealth inside your house.
  • Leaking Taps in the house is a BIG NO. Since water is symbolic of money so it is believed that if water is getting waste then money is also getting wasted.