Credit Monitoring Arrangements (CMA) the term itself shows its relevance to finance and credit management. CMA report is a detailed analysis of the borrower’s financial statements (current and planned finances) complied in a certain format and submitted to the bank while availing the loan. A proper CMA report is a tool for banks used while ascertaining the financial health of the applicant’s business.
A professionally prepared CMA report increases the chances of getting a loan easily from the bank.
Gen CMA/EMI, a product by SAG Infotech is the solution that allows you to prepare your professional CMA report in alignment with Tandon and Nair Committee on the percentage as well as ratio basis. The software is an innovation by one of the renowned tax software companies grounded for more than 2 decades in India.
EMI or Equated Monthly Installment is a fixed amount to be paid by the borrower to the lender every month on a prescribed date till the loan gets completely paid. EMI calculator is yet another fascinating feature encoded in the software which calculates the EMI on behalf of the borrower.
Also Read: All You Need to Know How to Create CMA Report
Features of Gen CMA/EMI Software
Gen CMA/EMI is a little ahead to its counterparts as it guides you with much more than just CMA compilations. Let’s have a look on features encoded in the software:
- Multiple Years Projection – Software allows the preparation of the CMA report for as many years as required by the borrower with correct figures and ratios.
- MPBF Calculations and Ratio Analysis – Gen CMA/EMI is known to deliver accurate MPBF calculations in alignment with the Tandon and Nayak Committee with entire ratio analysis.
- Simple Interest Calculations – Software allows calculations of day to day and simple interest.
- Partner’s Interest Calculations – Solution to calculating Partner Interest, OD, CC, A/c Interest.
- EMI Calculations – Software calculates EMI reporting the accurate figure which is to be paid by the applicant along with Bifurcation of Principal and Interest Payments.
- Present and Future Value Calculation – Software facilitates the calculation of present and maturity value.
- FDR Interest Calculation – Software allows calculation of FDR and Panel Interest along with converter tool for measuring various units.
- Depreciation Calculator – Software allows depreciation calculations on SLM, WDV and Reducing balance method.
Gen CMA/EMI software is a pocket-friendly solution for those who are struggling to achieve solidarity and accuracy in the format of CMA reports. The software is a guaranteed customer support service operational after an easy installation which also provides the latest tax updates along with 10 free working hours.
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