banner_ad

School & colleges accounting ststem

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 October 2013 Dear sir
Plz tell me whats system of accounting in school & colleges.and also tell me policies of accounting
Profile Image

SAMADHAN SHRIRAM

Profile Image

SAMADHAN SHRIRAM (Expert)
08 October 2013 According to my personal experience of doing the audit of school following policies of accounting-
Accrual system will be followed to record the transaction in the books of accounts, it may be in the form of tally or any other software.
It Consists income heads such as
Tuition fees, Exam fees ,Income from investment in fix deposit, other income such as issuance of duplicate ids, TC fees & many more
Expense head mainly consist staff salary.
Books accounts & registers prepared as per the requirement .
Profile Image

Sanket

Profile Image

Sanket (Expert)
08 October 2013 At present, there is no uniform accounting
method some institutions follow the traditional
cash basis method, the rest the accrual system.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details