19 December 2008
dear sir i am working in a non profit organisation as a accountant actually we receive grant from govt and we have to relese to taluks . i am maintaining in tally so i have taken in as direct income which grant recive and releses in current assets as advance is it correct when i get utlization certificate i will pass the jouranl entry to indirect exp ...so plz help
19 December 2008
dear sir i am working in a non profit organisation as a accountant actually we receive grant from govt and we have to relese to taluks . i am maintaining in tally so i have taken in as direct income which grant recive and releses in current assets as advance is it correct when i get utlization certificate i will pass the jouranl entry to indirect exp ...so plz help
CAclubindia
