Accounts Reconciliation

This query is : Resolved

SHIRAS (Querist)
Follow

04 February 2011 Some comapny wants Accounts Reconciliation ( it is not Bank Reconciliation ). i think ledger account reconcilaition. What is that ? How it will be reconcile? please tell me any one?

O.D.SHARMA

O.D.SHARMA (Expert)
Follow

04 February 2011 take their printout of your a/c & reconcile with your ledger.Else give them your ledger print of their account

SHIRAS

SHIRAS (Querist)
Follow

04 February 2011 soaccount reconciliation for Vedor reconcilaitaion and Customers Reconciliation. Am a right. heve any other reconciltion in accounting (excludung bank reconciliation).
Thanks for reply

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

04 February 2011 Reconciliation means ascertaining the (causes of) differences and "Fix" them.

Azmathullah Khan

Azmathullah Khan (Expert)
Follow

05 February 2011 You are takling abt self balancing system, you might done this on your 2nd year b.com.

it the reconcialiation for sundry debtor and creditor ledger.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now