No Tags Found!

connie ce lau
I am Connie.I just joined this forum recently. This forum is very interesting, can share each other opinion and it help me a lot.
I am new in accounting line.Can somebody help/teach me how to do bank reconciliation in accounting way?Is the bank statement for very month must tally with our bank-recon from our account? If yes, how to do?
Pls advise me. Thank in advance.:confused:
Connie

From Malaysia, Penang
mannupauri
I am sending you a chapter that will help you out in finding the basics of Bank Reconciliation.................
Always welcomed for further queries.
My presonal mail id is
Regards
Mannu

From India, Delhi
Attached Files (Download Requires Membership)
File Type: pdf Bank Reconciliation.pdf (93.3 KB, 1563 views)

shanvsshan
Bank Reconsiliation is very simple
It's difference between bank book and pass book
that means difference between your book and pass book
I.e - your bank balance is Rs. 20000/- In the End of Month 28th Sep you issue a cheque Rs.15000/-This 15000 cheque is cleared on only 3rd oct
so You have to prepare the BS as on 30th sep
Your book ( Bank Book)
Op.Bal - 20000
Ch.Issued - 15000
Balance as per your book - 5000
Pass book
Op.Bal - 20000
Still Rs.20000-
So you have to idenfited which cheque is cleared.
Thats all
Rgds
E.Shankar
If any doubt pls send to mail id -

From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.