Though most of the ngos does use manual and computerised Asset Register the information available from the Register differs from one organisation to other. As long the information is the available Register meets the needs of Auditors and Donor Agencies that should be OK. Howeve...
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Financial Statements: It is important to prepare financial statements on a regular basis irrespective of the requirement of donor agencies. The frequency of these statements should at least be on a monthly basis. These statements could be prepared separately for each projec...
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Cash Flow Forecasting: This is basically a document that needs to be prepared at the organization level for each programme of the overall project. When you plan to start a particular activity of a project, you need to give a cash flow forecasting (see cash flow forecasting in Grant Manag...
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Cash Book: This is an important document of financial management. All the vouchers that are prepared are entered here. Though computerized cash books are in use now-a-days still manual cash books are used by many NGOs. For computerized packages regular print out needs to be taken and filed and...
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Book Keeping: It is very clear from this term that ‘Book Keeping’ is ‘keeping of books ‘ in a proper and systematic way (here we are talking of books related to organizations accounts related) i) As a first step we need to keep all the information ...
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