Head of expenses

Yasir (article assistant ) (455 Points)

19 August 2018

what is the main head of income and expenses of school run by public trust

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Sana Sultana Mussu (Student) (5119 Points)
Replied 19 August 2018

income: school fees or donations received
expense: maintenance of school or amount spent towards education

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srinivas (Finance Manager) (239 Points)
Replied 21 August 2018

Hi,

Use "Direct Expenses" Head, if the expense includes directly in your school. Eg:: wages etc.

Use Head "Indirect Expenses" if the expense includes indirectly in your school. exp:: rent, salary etc.,

In the same way, split Direct Income and Indirect Income.

Regards

Team

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