{"id":55,"date":"2012-06-24T04:28:17","date_gmt":"2012-06-24T04:28:17","guid":{"rendered":"https:\/\/erp-bangladesh.website\/sedadngo.org\/?p=55"},"modified":"2025-10-07T15:58:55","modified_gmt":"2025-10-07T15:58:55","slug":"account-system","status":"publish","type":"post","link":"https:\/\/sedadngo.org\/index.php\/2012\/06\/24\/account-system\/","title":{"rendered":"Account System"},"content":{"rendered":"<h2>Account System<\/h2>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/erp-bangladesh.website\/sedadngo.org\/wp-content\/uploads\/2025\/06\/17.png\" alt=\"\" \/><\/p>\n\n\n<h2 class=\"wp-block-heading\"><strong>Account System of SEDAD<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><em>(Socio Economic Development Association for Disable)<\/em><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<strong>account system<\/strong>&nbsp;of the&nbsp;<strong>Socio Economic Development Association for Disable (SEDAD)<\/strong>&nbsp;is designed to ensure&nbsp;<strong>transparency, accuracy, and accountability<\/strong>&nbsp;in all financial transactions. A robust accounting system is critical for maintaining&nbsp;<strong>donor confidence, regulatory compliance, and effective management of resources<\/strong>, enabling SEDAD to implement its programs efficiently for the empowerment of persons with disabilities.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Features of SEDAD\u2019s Account System<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Bank Accounts:<\/strong>\n<ul class=\"wp-block-list\">\n<li>SEDAD maintains official bank accounts for all organizational and project-related funds.<\/li>\n\n\n\n<li>Example:\u00a0<strong>Rupali Bank Limited, Tongi Branch, Gazipur, Bangladesh \u2013 A\/C No. 10226<\/strong>.<\/li>\n\n\n\n<li>All incoming and outgoing funds are routed through these accounts to ensure\u00a0<strong>full traceability and security<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Accounting Principles:<\/strong>\n<ul class=\"wp-block-list\">\n<li>SEDAD follows\u00a0<strong>standard accounting principles<\/strong>, including double-entry bookkeeping, proper documentation, and reconciliation of accounts.<\/li>\n\n\n\n<li>Financial records are maintained to facilitate\u00a0<strong>accurate reporting and auditing<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Budgeting and Expenditure Control:<\/strong>\n<ul class=\"wp-block-list\">\n<li>All projects operate under\u00a0<strong>approved budgets<\/strong>, and expenditures are strictly monitored.<\/li>\n\n\n\n<li>Project coordinators and finance staff ensure that spending aligns with\u00a0<strong>approved program objectives and donor agreements<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Financial Reporting:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Internal reporting: Monthly progress and financial reports are prepared for\u00a0<strong>management review<\/strong>.<\/li>\n\n\n\n<li>External reporting: Consolidated financial statements are submitted to\u00a0<strong>donors, government authorities, and other stakeholders<\/strong>\u00a0periodically.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Auditing:<\/strong>\n<ul class=\"wp-block-list\">\n<li>SEDAD undergoes\u00a0<strong>regular audits<\/strong>\u00a0by government-approved Chartered Accountants (C\/A firms).<\/li>\n\n\n\n<li>Audits cover\u00a0<strong>project-specific funds as well as organizational accounts<\/strong>, ensuring compliance with national laws and donor requirements.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Record Keeping:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Complete records of receipts, payments, invoices, and vouchers are maintained systematically.<\/li>\n\n\n\n<li>Documentation supports\u00a0<strong>transparency, accountability, and easy retrieval<\/strong>\u00a0for future reference or inspection.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Significance of the Account System<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ensures\u00a0<strong>financial transparency and accountability<\/strong>, building trust with donors and stakeholders.<\/li>\n\n\n\n<li>Enables\u00a0<strong>efficient resource allocation<\/strong>, ensuring maximum impact of programs.<\/li>\n\n\n\n<li>Supports\u00a0<strong>regulatory compliance<\/strong>, including NGO Affairs Bureau, Ministry of Social Welfare, and foreign donor requirements.<\/li>\n\n\n\n<li>Provides a\u00a0<strong>framework for auditing, monitoring, and evaluation<\/strong>, strengthening organizational governance.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Account System Account System of SEDAD (Socio Economic Development Association for Disable) The&nbsp;account system&nbsp;of the&nbsp;Socio Economic Development Association for Disable (SEDAD)&nbsp;is designed to ensure&nbsp;transparency, accuracy, and accountability&nbsp;in all financial transactions. A robust accounting system is critical for maintaining&nbsp;donor confidence, regulatory compliance, and effective management of resources, enabling SEDAD to implement its programs efficiently for the empowerment of persons with disabilities. Key Features of SEDAD\u2019s Account System Significance of the Account System<\/p>\n","protected":false},"author":2,"featured_media":109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-55","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-about"],"rttpg_featured_image_url":{"full":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5.png",300,196,false],"landscape":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5.png",300,196,false],"portraits":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5.png",300,196,false],"thumbnail":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5-150x150.png",150,150,true],"medium":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5.png",300,196,false],"large":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5.png",300,196,false],"1536x1536":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5.png",300,196,false],"2048x2048":["https:\/\/sedadngo.org\/wp-content\/uploads\/2025\/06\/5.png",300,196,false]},"rttpg_author":{"display_name":"SEDAD","author_link":"https:\/\/sedadngo.org\/index.php\/author\/sedad\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/sedadngo.org\/index.php\/category\/about\/\" rel=\"category tag\">About<\/a>","rttpg_excerpt":"Account System Account System of SEDAD (Socio Economic Development Association for Disable) The&nbsp;account system&nbsp;of the&nbsp;Socio Economic Development Association for Disable (SEDAD)&nbsp;is designed to ensure&nbsp;transparency, accuracy, and accountability&nbsp;in all financial transactions. A robust accounting system is critical for maintaining&nbsp;donor confidence, regulatory compliance, and effective management of resources, enabling SEDAD to implement its programs efficiently for the&hellip;","_links":{"self":[{"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/posts\/55","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/comments?post=55"}],"version-history":[{"count":6,"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/posts\/55\/revisions"}],"predecessor-version":[{"id":421,"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/posts\/55\/revisions\/421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/media\/109"}],"wp:attachment":[{"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/media?parent=55"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/categories?post=55"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sedadngo.org\/index.php\/wp-json\/wp\/v2\/tags?post=55"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}