>
>> I am confused about how to record the following kind of transaction in
>> accounts of a non-profit organisation.
>>
>> In a project, certain services provided by the organisation are charged to a
>> project. There is no equivalent payment to anyone. The services are provided
>> by staff of the organisation, or are done using assets owned by the
>> organisation (say a printer). We create a debit note that charges the
>> project at an agreed rate for each service. The amount charged is retained
>> by the organisation.
>>
>> How would I handle this in ledger?
>
> Not a ledger expert here (by any kind of thinking) just a user!
>
> How did you handle it before Ledger?
>
Never did accounts before I started using ledger ;)
> I would have an account setup (using all the detail you feel you need)
> and then just credit and debit that account (this could be some kind
> of general or specific sub account - - - its all up to you!).
>
The grant from the funding agency shows up like this
2015/08/19 Funding Agency
; Narration: 50 per cent of the grant for the Project
Assets:Our Bank:Savings account Rs 200000
Income:Project:Agency:Bank transfer
Now, how do I charge the project for printing of 1000 pages @Rs 3 per page?
This is a notional transaction. No payment is made specifically for printing,
which is done from our own printers. Of course, there is a cost to
organisation. That is why the organisation should charge the project. Can one
do something like this?
2015/02/25 Debit for Printing
; Narration: Cost of printing 1000 pages@Rs. 3 per page
Expenses:Project:Stationery-Printing-Consumables Rs 3000
Assets:Our Bank:Savings account
But the problem is that there is no exact expense corresponding to this
transaction.
Vikas
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