Receipt and Payment Account

Overview

The following table provides a detailed view of the **Receipt and Payment Account** for the last financial year. This account reflects the cash flow of the institution, listing all receipts and payments made during the period.

Receipt and Payment Account

Particulars	Receipts (INR)	Payments (INR)
Opening Cash/Bank Balance	XX,XXX	-
Fees Collected	XX,XXX	-
Donations	XX,XXX	-
Interest Earned	XX,XXX	-
Miscellaneous Receipts	XX,XXX	-
Salary Payments	-	XX,XXX
Maintenance Expenses	-	XX,XXX
Utilities (Electricity, Water, etc.)	-	XX,XXX
Stationery & Supplies	-	XX,XXX
Closing Cash/Bank Balance	-	XX,XXX
Total	XX,XXX	XX,XXX

Notes

The receipts and payments are recorded on a cash basis, not on an accrual basis.
This account reflects the cash inflows and outflows for the last financial year.
Any outstanding payments or receivables will not be reflected in this account.