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AOP - ACCOUNTS

S.Prasanna (Financial consultant) (32 Points)

27 November 2021

How to maintanence of AOP(Welfare association) accounts!?

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4 Replies

prasad Nilugal (Sr . Accountant and GST Practitioner . ) (7510 Points)
Replied 28 November 2021

AOP is non profit organization , so you have to maintain

1) Cash Book
2) Journal
3) Larger
4) Subscripttion registered
5) Donation registered
6) property register
7) Member ship register
8) Bank Book
Etc .

You have to prepare
1) Receipts and payment Account ,
2) Income and Expenditure
3) Balance sheet .

S.Prasanna (Financial consultant) (32 Points)
Replied 28 November 2021

Thank you very much Ji.

prasad Nilugal (Sr . Accountant and GST Practitioner . ) (7510 Points)
Replied 28 November 2021

Contact to near by CA office , he will guide you .

sabyasachi mukherjee (7875 Points)
Replied 28 November 2021

AOP NEED NOT BE A TRUST.AOP CAN FUNCTION IN A DIFFERENT WAY.

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