Basic Accounting for Credit and Savings Schemes
A simple and practical guide for accountants and committee members of savings schemes, credit schemes, and combined credit and savings schemes. The guide assumes no previous knowledge of accounting, and explains all the principles and tasks relevant to financial management. It will be useful as a general introduction to basic accounting, as well as to credit control and stock control.
What people are saying - Write a review
We haven't found any reviews in the usual places.
28 February 19XX 28 November 31 January 19XX accounting period accounting records Accumulated deficit actual report Administration expenses Animal traction project bad debts Balance Movement Balance balance sheet Bank balance bank reconciliation bank statement borrowers budget and actual cash box cash count Cashier cheque Closing balance column Cost of stock credit and savings Date Description Voucher Date Voucher Deposited Debtors Deposited Withdrawn Balance Description Voucher Amount example expenditure February 31 Grant received income interest paid loan agreement loan register loan repayment Loan to Group Loans issued loans outstanding management committee Movement Balance Movement Opening balance organisation Oxfam paid to savers payment voucher payments report ploughs receipt voucher receipts and payments repayment plan Saver 1 deposit savings card Savings deposited Savings repaid savings scheme seeds 1 pound Shoba stock card stock issue book storekeeper Summary of loans tomato seeds transactions Village Village Y Voucher Deposited Withdrawn Withdrawn Balance Rec'd
Page 94 - Oxfam (UK and Ireland) publishes a wide range of books, manuals, and resource materials for specialist, academic, and general readers. For a free catalogue, please write to: Oxfam Publishing, 274 Banbury Road, Oxford OX2 7DZ, UK; telephone (0)1865...
Page 50 - Inflation An increase in the general level of prices in an economy is called inflation.
Page 11 - There should also be a space for the signature of the person authorising the payment and the person receiving the money.
Page 19 - At the end of the month the column totals will show the total income received in each category during the month.
Page 73 - Otero, M and Rhyne, E (1994) The New World of Micro-enterprise Finance, Intermediate Technology Publications. Rogaly, B and Johnson, S (forthcoming, 1997) Financial Services and Poverty Reduction, Oxfam, Oxford. APPENDIX 1: A WORKED EXAMPLE Darfur revolving fund Information A farmers' cooperative in Darfur in the west of Sudan are operating a revolving fund selling seeds.