Greeting This newsletter aims to inform about LC’s financial update by August 2017. The financial statements are journalised by using Quickbooks Accountant 16.0 accrual based. Hopefully this newsletter could show the transparency of LC’s financial condition. Any feedbacks are welcomed for the better transparency of our Local Committee AIESEC in Universitas Andalas.
Best Regards, Finance and Governance Department 1718
Income & Expense Summary
Total gross income of August is Rp12.693.206,52,- and total expense is Rp2.716.525,74,-. Thus the net income is Rp9.976.680,78,-.
Income Summary
Total Income from Other Program ( IGV Project ) is Rp4.680.000,Total Program Income is Rp4.050.000,Total Income from fundrising is Rp3.874.000,Total Other Income is Rp89.206,52,-.
Product Income Summary Product Income Rp5,000,000 Rp4,000,000 Rp3,000,000
Product Income
Rp2,000,000 Rp1,000,000 RpOGV OGT
IGV
IGE
Product income (program income) in August are income from Out Going Exchange Global Talent and Incoming Exchange Global Volunteer Project which are Minang Paradise Project and WIFU Project.
Fundrising Income Fundrising activity we have done in this August is merchandise selling to AIESEC Unand member. The total income from merchandise selling activity is Rp3.874.000,-. We have several ready stock merchandise that we planned to share in the next merchandise booklet next month.
Other Income Other income are, as always the interest from bank account and the payment of delegates fee shortage of National Functional Summit from one of the EB whose get the subsidy.
Expense Summary
Operational Expense are subsidy for LCVP TM for the National Functional Summit and fine of unfulfilled quota of the Summit, supplies expense, printing & copying expense, depreciation expense, bank charge, and cost of merchandise. Meanwhile the other expense are expense for registration fee of Andalas Global Award and rental fee for traditional dress of Minangkabau for the interns in UKM Expo.
Thank you for reading the newsletter! Have a FasciNatinG day, gorgeous people!
Finance & Governance 1718