Financial Break-Up

Aranyaj keeps their Books of Accounts in the Indian version of cloud based accounting software QUICKBOOKS, a product of Intuit Inc. USA. It keeps the accounts regularly updated, each transaction supported by approved vouchers. It gets its Accounts audited by a Chartered accountant and regularly files Returns as required by the Indian Societies Act and Income Tax Act.

It has developed an effective MIS thru which it can monitor project-wise receipts and payments as well as control overheads. It has been able to keep its administrative expenditures to not more than 8 percent of its overall expenditure.

As a result of prudent internal controls, during the past financial year, it 

has been able to produce timely Utilization Certificates to its Corporate Donors for donations received under their CSR programs.

With robust information and communication infrastructure in place, Aranyaj is poised to handle its activities as it grows in volume and conveys value-added information to its Donors as and when required.