NGO Management - Indian NGO Funding Training Agencies Database

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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

Advances

Advances • Advances needs to be entered in the Cash Book even if the advance given is for a short-while. E.g. an advance is given to buy stationery and the concerned person will get back with stationery and receipt say. Within an hour, even if it needs preparation of voucher and settlement of advance, one should do that rather than directly booking the expenses.  ·         For any programme related  expenses it is always advisable to give the advances to the person concerned i.e. if an Women’s Co-ordinator is organizing an awareness camp – he/she should be given the advance and they need to settle. ·         It is advisable not to give all the advances to one person or show the advances in the name of Chief Functionary.  ·         For advances a proper requisition form giving details of the nature of advance should be prepared and should be recommended by the concerned Line Manager and approved by an authorized person of the organization ·         Unless a particular advance is settled, further advances should not be given to a particular staff member.  Under exceptional circumstances advance may be given.  ·         Advances need to be settled as soon as the programme for which the advances are taken, is over.   All the advances needs to be settled within the month 


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