FINANCE NEWSLETTER MARCH 2018
Greeting from Griffin!
This newsletter aims to inform about LC’s financial update by March 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
Income & Expense Summary
Total gross income on this March is Rp8,143,371.35,- and total expense is Rp-547,303.86,-. Thus the net income is amounted at Rp8,690,675.21,-.
Income Summary
Income on March came from: Program Income : Rp6,350,000, Other Program : Rp1,652,500, Membership Income : Rp60,000, Other Income : Rp44,871.35, Fundraising : Rp36,000,-
Product Income Summary 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0
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oGV
oGT iGV adhoc iGV project
oGV
oGT
iGV iGV Project - Project F W
Product income in March are OGV EP Fee by 2 EPs, and OGT EP interview fee by 7 EPs
Other Program Income Other Program income are income from Youth Project which held on term 1718 and AIESEC Award 2018 which held on January 28th, 2018.
Fundrising Income We have received fundrising income from selling 3 lanyards.
Other Income Other Program income are interest income from cash deposited on Bank Mandiri and Bank Nagari
Expense Summary
Expense on March came from: Operational Expense Direct Exchange Cost iGV Direct Exchange Cost oGT
: Rp -585,903.86,: Rp 26,100,: Rp 12,500,-
Program Expense Program expenses occur in March are printing and copying of certificates for EPs from Incoming Global Volunteer and Outgoig Global Talent Program.
Operational Expense Operational expenses occur in March are subsidy for Rent Venue for LPP. Other operational expenses are assets depreciation, internet, printing and copying on payable, bank charges, equipment, and supplies.
THANK YOU FOR READING THIS NEWSLETTER! HAVE A NICE DAY, GRIFFIN FOLKS!
Finance & Governance 1819