INACOP
The chart of accounts of the Accounting Standards Manual and the regulations that apply to cooperatives.
Three reasons to leave spreadsheets behind.
What a cooperative's management, accountant and board need, solved in one system.
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Regulatory compliance
INACOP chart of accounts preloaded, and reports for INGECOP and the IVE in the format they request.
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Control and audit
Two signatures to hold or release collateral, a journal entry for every operation and accounting that cannot be altered.
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Everything in one system
The member file connects savings, loans, cash and accounting, with no manual reconciliation.
Four stages, one member file.
Membership
File, documents and location data for members and prospects.
Savings
Savings accounts, term deposits and PDF statements.
Loans
Application, repayment schedule, guarantors, collateral and approval report.
Accounting
Every movement generates its journal entry and feeds the financial statements.
No collateral is released with a single signature.
Dual authorization works both ways: whoever requests does not approve, and every release requires a written reason that stays in the audit log.
Collateral releaseAwaiting second signature
- Requested by
- Agency loan officer
- Reason
- Loan paid in full
- Approved by
- Supervisor
The regulations and reports of INACOP, INGECOP and the IVE, inside the system.
INGECOP
Reports and financial statements in the format the inspectorate requires.
IVE
The reports requested by the IVE in Guatemala.
The logos identify the bodies that supervise cooperatives and the financial system in Guatemala. Their use does not imply endorsement or certification of Sonetio ERP.
What your cooperative uses every day.
Members and prospects
Digital member file, documents and map location.
Savings and term deposits
Accounts, term deposits, holds and statements.
Loans and portfolio
Simulator, repayment schedule in Excel, guarantors and portfolio reports.
Agency cash
Cash sessions, payment methods and supervision.
Authorizations
Dual-signature rules and a request inbox.
Accounting and close
Balance sheet, general ledger, trial balance and monthly close.
Questions cooperatives ask before changing systems.
Does it produce what INACOP, INGECOP and the IVE require?
Sonetio ERP includes the chart of accounts from the INACOP Accounting Standards Manual and produces the reports for INGECOP and the IVE in the format they request.
Does it work with several agencies?
Yes. Each agency has its own cash desk and warehouses, each user sees their own data and supervisors can have a global view.
How much does it cost?
It depends on the modules and the number of users and agencies. After the demo we send you a written proposal, with no commitment.
Who helps us get it running?
Our team sets up the system, loads your opening data and trains your staff. After that, we provide technical support with a quick response.
Can you adapt the system to our cooperative?
Yes. We do custom development based on your institution's needs: reports, your own processes or connections with other systems.
Let's look at Sonetio ERP with your cooperative's processes.
We set up a short presentation on what matters most to you: loans and portfolio, INGECOP reports or the accounting close.