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Income and Expense

Income and Expense. For Non-Profits. Income and Expense. Known as Profit and Loss in a For Profit Business What can you tell from this spreadsheet ?. Income and Expense by Fund Each fund is one column (The admin column is not a fund but the operational costs of the NGO).

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Income and Expense

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  1. Income and Expense For Non-Profits

  2. Income and Expense • Known as Profit and Loss in a For Profit Business • Whatcanyou tell fromthisspreadsheet?

  3. Income and Expenseby FundEachfundis one column(The admincolumnis not a fund but the operationalcosts of the NGO)

  4. Connecting the Income and Expensewith the Balance Sheet • The Beuaty of this double entry bookeeping system isthat the income and expanseshould match up with the cahgnes in teh balance sheet.

  5. Cash Flow Analysis • You maybe fine at the beginning of the year, but wilyou have enough cash all through the year to coveryourexpenses? • First youneed a budget and in your budget meshwhenyouexpect to receiveincomewithwhenyouexpectexpenses. • Thenyouneed to compare youractual figures withyour budget.

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