NGO accounts maintaining

my friends, as per ICAI all non government organization gross revenue above 50 crores they follow accrual basis accounts, but it's below 50 means can I avail cash basis account maintaining....
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Quick Summary
This discussion clarifies accounting practices for Non-Governmental Organisations (NGOs) in the UK. It confirms that NGOs with gross revenue below £50 crore can opt for cash basis accounting, while those above this threshold must follow the accrual basis as per ICAI guidelines. The use of a barter system for accounting is also briefly touched upon.

Yes you can avail that facility. I guess barter system is abolished, otherwise that would also be applicable

Yes you can

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