FINANCE NEWS LETTER November 2018 AIESEC 1819
Greeting From Griffin! This newsletter aims to inform about LC’s financial update by November 2018. The financial statements are journalised by using Quickbooks Accountant 16.0 accrual based. Hopefully this newsletter could show the transparency of LC’s current financial condition. Any feedbacks are welcomed for the better transparency of our Local Committee AIESEC in Universitas Andalas. Best Regards, Finance and Governance Department 1819
CONTENT
Income and Expanse Summary Revenue Explanation Expenses Explanation Asset Account Receivable
F&G 1819
Income & Expense Summary
Total gross income on this November is Rp30,447,667.09,- and total expense is Rp3,135,616.66,-. Thus the net income is amounted Rp27,312,050.43,-. F&G 1819
INCOME SUMMARY Income on November came from: Program Income : Rp26,550,000, Fundraising : Rp3,803,500, Other Income : Rp94,167.09
F&G 1819
Product Income Summary 25,000,000 20,000,000 15,000,000
oGV
10,000,000
oGT iGV adhoc
5,000,000 0
iGV project oGV
oGT
iGV Project - iGV Project -F W
Product income in November are OGV Exchange Fee by 7 EPs and OGT Exchange Fee by 2 EP. F&G 1819
Other income is income from Bank Interest.
Sticker (ST01) amounted Rp76,000, Lanyard (LY01) amounted Rp20,000, Bracelet (BT01) amounted Rp15,000, T-Shirt ORI 27 amounted Rp92,500, Subsidy Logistic NEC amounted Rp3,600,000,F&G 1819
EXPENS E SUMMARY Expense on November came from: Operational Expense Committee Fees (correction) Other Expenses Cost of Good Sold
: Rp8,580,116.66 : (Rp6,350,000,-) : Rp792,000,: Rp113,500,-
F&G 1819
Operational Expenses Expenses occur in November are
Venue for Confidence Vote with amount Rp50,000,-
Service printer with amount Rp50,000,-
Print Proxy Letter with amount Rp5000,-
Other Expenses Other expenses consist of food and beverage during convote, and Correction Entry.
Delegates Fee for IYLC with amount Rp1,450,000,
Internet with amount Rp100,000,-
Subsidy NEC with amount Rp2,000,000,Down Payment T-Shirt ORI 29 with amount Rp1,400,000,-
Other operational expenses are assets depreciation, bank charges, and supplies. F&G 1819
ASSET
Here is the explanation of current asset owned by LC
Harddisk Printer Infocus Bolt (Wifi Portable 1) Headset Speaker Prnter Canon Pixma MP-287 Andromax (Wifi Portable 2)
CPU Keyboard Computer Carpet Fan Carpet 2 (new) Speaker Sanken (new)
F&G 1819
ACCOUNT RECEIVABLE Rp Rp Rp
F&G 1819
F &G 1 8 1 9