Slemcoop

Revenue Cycle

Membership Requirements:

Pass form
2x2 ID Picture
Copy of valid ID
Barangay Clearance

Depositor Requirements:

Pass form
2x2 ID Picture

Loan Requirements:

Required order
Salary ATM
Pension ATM
Allotment ATM
Sketch Plan
Tax Declaration
Tax Clearance
Land Title

Loan Disbursement Documents:

Disclosure Agreement
Cash Voucher
Amortization Schedule
Passbook

Membership:

To become a member you are required to attend a Pre-membership seminar

The you are to procure a membership form, whilst signing said form along with the
requirements, pay for the membership fee
As you receive the White receipt, CBU Passbook, and Savings Passbook the
requirements will be passed on to the accounts officer
The Yellow receipt will be passed on to the cashier as the green will go to Accounting.
Depositor:

If you came as a depositor consider if youre going take a time or savings deposit.
If you chose Time Deposit, fill out the corresponding deposit form
After youre done submit the form, requirements and the cash you wish to deposit to
the corresponding personnel
Receive the White Receipt, Deposit Certificate, and Passbook
If you chose Saving Deposit fill out the corresponding deposit form
After youre done submit the form, requirements and the cash you wish to deposit to
the corresponding personnel
Receive the White Receipt, and Passbook
The requirements will be passed on to the Administration
The yellow Receipts will pass on to the cashier as the green goes to accounting

Loan:

If you are opting for a loan, proceed to an accounts officer for further details
Submit the Required document to a corresponding accounts officer
The accounts conducts a background/credit check as to standard procedure
Now consider the amount you would want to loan if exceeds P100,000 it requires the
Credit Committees approval, if it doesnt it will require the approval of the manager
If approved the information will be passed on to the loans officer for the release of
loans.
The cashier will disburse the cash to the Client
Three copies of the disbursement documents prepared by the cashier will be passed on
to the Client, Accounts officer and Accounting respectively

Payment:

Customer Pays on time an officer take the Payment while the receipts will be passed to
the White, Yellow, and Green Receipt to the Member/client, Cashier, and Accounting
respectively

Payment (Failure):

If the member/client fails to pay on time they will be charged with a penalty, should the
still fail to pay this information will be passed to the administration which in turn will
submit a demand letter.
If they will pay then an officer take the Payment plus Penalty While the receipts will be
passed to the White, Yellow, and Green Receipt to the Member/client, Cashier, and
Accounting respectively
If they still havent paid a Second demand letter will be sent if they pay an officer take
the Payment plus Penalty While the receipts will be passed to the White, Yellow, and
 Green Receipt to the Member/client, Cashier, and Accounting respectively . if they will
not then their property will be repossessed.

Disbursement Cycle

The employee will submit their biometric to the administration

After which, the said biometrics will be subject to review by the accounting department.
The accounting department will proceed to make adjustments if necessary, if no
adjustments are needed they will proceed to make a cash voucher.
The said voucher will be passed on to the cashier in turn disburses cast to the
corresponding employee