Non-profit organisations may need accounting that clearly tracks grants, donations, programme expenses, administrative costs, restricted funds and project-wise expenditure. CorporateWalla can support eligible NGOs, trusts, societies and other non-profit organisations with bookkeeping, bank reconciliation, fund/project reporting, expense classification, financial statements and management MIS based on the organisation's records and applicable requirements.
NGO and non-profit accounting records the financial activities of organisations that may receive donations, grants, programme income or other receipts and incur project and administrative expenses. Depending on the organisation and funding arrangements, accounting may need separate tracking of funds, grants, projects or programmes.
The appropriate accounting and compliance treatment depends on the entity type, governing documents, funding conditions and applicable law.
Depending on scope:
Where required, records may be structured by:
The reporting structure should follow the organisation's funding and management requirements.
Grant-related accounting may involve:
Grant treatment should be assessed against the relevant grant agreement and accounting requirements.
Support may include reconciliation of:
Specific tax-exemption or donor-benefit treatment should not be assumed without reviewing the applicable provisions.
Costs can be tracked by:
This can help management understand how recorded expenditure is distributed across activities.
Depending on scope, reporting may include:
| Report | Purpose |
|---|---|
| Income & expenditure statement | Review period activity |
| Balance sheet | Review financial position |
| Receipts and payments | Review cash movements |
| Fund-wise report | Track fund activity |
| Grant utilisation report | Review grant expenditure |
| Project-wise report | Analyse programme costs |
| Budget vs Actual | Monitor approved budgets |
| Bank reconciliation | Verify accounting vs bank records |
| Donor report | Provide agreed financial information |
The exact financial statement format depends on the entity, applicable framework and reporting requirements. See also annual financial statements.
Some funding arrangements may place conditions on how funds can be used. Accounting and reporting can therefore distinguish, where appropriate, between:
Funds should not be classified as restricted or unrestricted solely based on the payment description. The underlying terms and applicable accounting requirements should be reviewed.
Potential requirements:
Potential requirements may include:
Potential requirements may include:
If you are still setting up, see Section 8 company registration.
The accounting approach should be adapted to the organisation's legal form, governing documents and applicable reporting framework.
Accounting records may support separate compliance processes, such as:
However, bookkeeping does not automatically include all tax, regulatory or audit services. For example, tax-exemption status, donor deductions, foreign contribution compliance and grant conditions can involve separate legal and regulatory requirements.
Related services: 12A & 80G registration, ITR filing, GST return filing and statutory audit.
Organisations receiving foreign contributions may have additional regulatory and reporting requirements.
Accounting can support appropriate segregation and reconciliation of foreign contribution-related transactions where relevant records are available.
Bookkeeping alone does not establish compliance under foreign-contribution regulations. The organisation's registration/permission, banking arrangements, utilisation, reporting and applicable law should be reviewed separately.
Management reporting may include:
The report design should be based on management and donor requirements. See also MIS reporting.
Organisations may face:
A difference or classification issue should be investigated against source documents before adjustment.
Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.
Timeline: Quoted on transaction volume and bank accounts
Timeline: Quoted on funds, grants and programmes
Timeline: Quoted on donor-reporting complexity and cleanup
Every price above is a professional fee, excluding GST and government charges. 50% on delivery.
NGO accounting is quoted on scope. Pricing depends on the number of projects/programmes and funds/grants, transaction volume, number of bank accounts, reporting requirements, donor-reporting complexity, historical cleanup, accounting software and reporting frequency.
Identify entity type, programmes, funding sources, bank accounts and reporting requirements.
Assess whether the ledger structure supports fund and programme reporting.
Identify donations, grants and other receipts and the relevant reporting requirements.
Map programme, project and administrative expenses using an agreed methodology.
Reconcile all relevant bank accounts and investigate outstanding differences.
Compare accounting records with available grant and funding schedules.
Complete agreed accounting reconciliations and closing entries.
Prepare financial statements and management/donor reports included within scope.
Tell us your requirement, a CA will call you in 30 minutes.
Records structured by fund, donor, grant, programme, project, location or cost centre as your funding requires.
Grant receipts, utilisation, eligible/ineligible expenditure and unspent balances tracked against the grant terms.
Programme, project and administrative expenses classified using an agreed methodology.
Donor and management reports prepared from the same reconciled accounting data.
From ₹4,999 • Monthly
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From ₹2,499 • Monthly
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From ₹9,999 • Monthly
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From ₹7,999 • After assessment
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From ₹7,999 • Scope-dependent
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From ₹14,999 • Scope-based
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From ₹999 • 48 hours
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From ₹4,999 • 30–60 days
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