NGO Management - Indian NGO Funding Training Agencies Database

NGO Portal is a comprehensive knowledgebase of NGO’s and Non-Profits from India and around the world.
It contains a wealth of information regarding NGOs, NGO management, finalcial and legal aspects.
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NGO Portal is a comprehensive knowledgebase of NGO’s and Non-Profits from India and around the world.
It contains a wealth of information regarding NGOs, NGO management, finalcial and legal aspects.ngo database, ngo funding agencies, ngo india, indian ngos, international ngos, ngo training institutes
, financial management related ngos, legal aspects related ngos, fcra related ngo, income tax related ngo, registration related ngo,
provident fund related ngo, grants management in ngo, hr related ngo, developement jobs in ngo, consultants in ngo, admin related ngo,
vehicle management in ngo, travel related ngo, contracts in ngo, ngo news

Financial Management

Cash based and Accrual Based Accounting


There are two methods of Accounting. A) Cash b) Accrual
 
Cash Based Accounting:  Entries are made in the books only when inflow or outflow or payment in cash takes place. In cash system income is accounted for when cash is actually received and expenses are accunted for when cash is actually paid.  In this no entries related to due or outstanding are shown.  Most of the organizations follow this as this is easy to understand.  However in this system cash generating ability is not there (present cash flows of an organisation  cannot be used to predict the future ability of the organisation to generate cash flows.  For this purpose separate records are maintained by some organizations such as outstanding expenses etc.
 
Accrual (Mercantile) System:
 
Fiscal recording of items pertaining to a current period which would not have appeared in the accounts until a future period in the normal course of payment or receipt in respect of the items.  In this system transactions happens  Irrespective of whether cash received or not.  This system recognizes that if a transaction or event has occurred, its consequences cannot be avoided and must be brought to books regardless of whether cash flow has resulted or not.  In this the actual receipts or payments are not taken as base and the revenues are recognized if they belong to relevant accounting period irrespective  of whether cash or cash equivalent is received or not.   Expenses are recognized if they are relatable to the revenues earned and accounted in the said period, irrespective of whether they are paid or not. In this depreciation, loss due to fire/theft are also included.  Mostly profit-oriented organizations/companies uses this sytem.
 

How to choosea Bank

Bank Accounts 

Bank Reconciliation 

Cash and Acrual based Accounting  

Accounting and Accounting Objectives 

Asset Register  

Financial Statements 

Cash and Fund flow 

Cash Book  

Advances 

Budget Preparation 

Book Keeping  

Cost Effective Analysis 

Income Tax Slabs FY 2014-15 and AY 2015-16 

Read More.. cheque deposits.. availabiity of funds...



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Financial & Grants Management

Financial & Grants Management

Budget Preparation

Steps to be taken while Applying for Grants
Bank Reconciliation Letter of Intent
Advances  Capacity Building
Cost Effective Analysis Concept Note
How to choosea Bank Bank Accounts
Cash and Fund flow  Asset Register 
Financial Statements Cash and Acrual based Accounting 








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