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NGO Accounting is a system of recording and reporting all business transactions that are considered NGOs.A nonprofit organization is fundamentally different than a for-profit organization. A social mission is at the center of a nonprofit and the organization exists to provide a particular service or services to the community and there is no “bottom line”
(1) In NGOs, the statement of functional expenses is prepared to record funds accounting of the company.
(2) Programs are conducted by NGOs, for which accounting is done separately.
(3) NGO Accounting enables to analyse of every program properly.
(1) Documents to attach for DIN Application
(2) Documents to attach with inc-12
(3) Filling All the documents
(1) Cash payment
(2) Bank payment.
(3) Summary of daily petty cash book
(4) Journal Vouchers
(5) General Ledger
(6) Fixed assests register
(7) Registration Documents
(1) What is NGO Accounting?
(2) What are the Tax benefits of NGOS?
(3) What is the importance of accounting trail?
(4) Are NGOS Financial Statements public?
