1 / 5

Income and Expense

Income and Expense. For Non-Profits. Income and Expense. Known as Profit and Loss in a For Profit Business What can you tell from this spreadsheet ?. Income and Expense by Fund Each fund is one column (The admin column is not a fund but the operational costs of the NGO).

nuri
Download Presentation

Income and Expense

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Income and Expense For Non-Profits

  2. Income and Expense • Known as Profit and Loss in a For Profit Business • Whatcanyou tell fromthisspreadsheet?

  3. Income and Expenseby FundEachfundis one column(The admincolumnis not a fund but the operationalcosts of the NGO)

  4. Connecting the Income and Expensewith the Balance Sheet • The Beuaty of this double entry bookeeping system isthat the income and expanseshould match up with the cahgnes in teh balance sheet.

  5. Cash Flow Analysis • You maybe fine at the beginning of the year, but wilyou have enough cash all through the year to coveryourexpenses? • First youneed a budget and in your budget meshwhenyouexpect to receiveincomewithwhenyouexpectexpenses. • Thenyouneed to compare youractual figures withyour budget.

More Related