Fund accounting | tresvista

Fund accounting is a method used by Non-Profit Organizations & governments for the accountability of funds or grants received from individuals, grant authorities, governments or other organizations. Fund accounting?s fundamental objective is to provide separate accountability for the general-purpose fund & specific purpose fund, enabling the traceability of the amount. Fund Accounting tracks the expenditure that incurs out of funds and if the usage is in such a field is against those funds.

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