Receipts & Payments Report
Hassle Free - Receipts and Payments Reports
 |
For non-profit organisations and NGOs that typically rely on information related to income and expenses, the Receipts and Payments report in Tally.ERP 9 proves ideal. This summary of cash flow for a period includes Cash at Bank & Bank OD. It begins with the opening cash-in-hand at the commencement and ends with the closing cash-in-hand, so non-trading institutions can track their funds and monitor disbursement.
Unlike a cash flow report that does not consider the opening balance of cash, the receipts and payments report includes the cash opening balance. |
|
Benefits:
• Useful for non-trading institutions/non-profit organisations
• Shows exact cash and bank position for a particular period
• Improves management of cash
• Helps control expenditure
• Provides a single view of receipts and payments for cash payments |
|
|
