Hie,
May be Rs.260 is Outstanding at the year end as cheque is unpresented.
Dear Manisha
As per your query it seems that you are following FY Jan to Dec. In an NGO the books of accounts are maintained on casah basis and you have to debit all the paid amount to expenses head on the date of payment.
The unrealised cheques is showing in BRS only.
Rajesh
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
