The general idea of accrual accounting is to match revenues and expenses in the same period. But this rule for nonprofit revenue recognition can throw a wrench into the works and lead to some big “gains” or “losses” on your financial statements. Financial ratios help nonprofits measure the financial health of the organization. Different funding […]
Category Archives: Bookkeeping
The selling and marketing expenses increased by 7.4% from Rs 43,438 million in 2023 to Rs 46,648 million in 2024. The general and bookkeeping administrative expenses also grew by 2.1% from Rs 39,426 million to Rs 40,250 million. The profit before tax marginally declined by 0.3% from Rs 98,438 million in 2023 to Rs 98,147 […]