An Introduction to Financial Sacrifice

by Other Authors

Page 66 of 220

An Introduction to Financial Sacrifice — Page 66

66 Monthly Financial Report The most important thing after the preparation of the budget is to maintain an account of Income and Expenditure (and in some cases Receipts and payments). The report regarding the receipts of different types of Chandas and Expenditure during the month should be sent by the local Jam a ‘ats to the National Headquarters. The National Secretary M a l , on receipt of such reports, will prepare his report (at national level) and, after getting it counter signed by the National Am i r , has the responsibility of sending it to Wak a lat M a l London, and a copy to Wak a lat M a l II Rabwah. The following instructions should be kept in mind while preparing the monthly Financial Report: The approved Financial Statements comprise of three Main Heads of Income and Expenditure: 1. Regular Income and Expenditure 2. Conditional Income and Expenditure 3. Development Income and Expenditure All the heads under these three main heads of accounts have been derived from "Rules and Regulations of Ta h r i k-e-Jad i d Anjuman Ahmad i yya". Any alteration of or addition to the heads already mentioned under these main heads is possible only after the approval from Markaz. REGULAR INCOME & EXPENDITURE REGULAR INCOME: 1. Day to day expenditure shall only be made from the revenues obtained under "Regular Income". If a country is unable to meet its day to day expenses from