Write about three parts of budget sheet prepared by offices of Nepal Government. |
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| Ans : The three parts of budget sheet prepared by offices of Nepal Government are as follows:
a. Annual budget section:-In this part of budget sheet, amount appropriated for different heads of expenditure are recorded in respective columns. It also records transfer of budget and supplementary budget. No journal voucher is required to record in annual budget section of budget sheet.
b. Budget release section:-In this part of budget sheet, amount of budget released out of annual appropriation is recorded in concerned columns. Journal voucher is required to post the transactions into budget release section. This section of budget sheet is closed at the end of month and closed to get the information of budget release.
c. Budget expenditure:-It is the last part of budget sheet. All the budget expenditure transactions are recorded in this part. It requires to prepare journal voucher to post in this part. It provides information about total monthly expenditure on various budget heads and subheads.
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