Where a trust or society is permitted to receive foreign contribution, the Foreign Contribution (Regulation) Act imposes a separate bank account, a specified set of books, and periodic returns. Donor agreements, including CSR grants from Indian companies, often add utilisation certificates, photographs of activity, and unspent-balance conditions on top of that statutory layer.
Support work includes mapping each inward remittance to the designated account, tagging expenses to the grant that funded them, and preparing the utilisation statement in the donor’s format. Mixing of foreign contribution with domestic funds, or use of the designated account for local collections, is identified and corrected in the books before a return is filed.
Where FCRA registration or prior permission is not in place, the file records that fact so that no foreign sum is accepted into the ordinary account on an informal basis. Donor reporting calendars are maintained alongside the income-tax and state-law calendars.
The same working papers serve the annual FCRA return, the donor’s certificate, and the trust audit, because all three ask how a particular receipt was applied.