Bank Reconcilation Statement
This query is : Resolved
19 May 2008
May i know best way to reconcile the bank statement.
19 May 2008
Hi..
U can use this format
Bank balance as per pass book xxx
(+)Cheques issued but not presented xx
(-)Cheques recieved but not deposited xx
This should give you bank balance as per Books of accounts..
Hope it is clear..
U can use this format
Bank balance as per pass book xxx
(+)Cheques issued but not presented xx
(-)Cheques recieved but not deposited xx
This should give you bank balance as per Books of accounts..
Hope it is clear..
19 May 2008
ONE CAN ALSO START FROM BALANCE AS PER BOOKS OF ACCOUNTS .
DEDUCT CQs DEPOSITED NOT CREDITED BY THE BANK.
ADD CQs ISSUED AND NOT CLEARED BY BANK,
INCLUDING POST DATED CHEQUES IF ANY ISSUED UNLESS ALREADY DEBITED BY BANK.
ALSO DEDUCT BANK CHARGES ETC.DEBITED BY BANK .
THEN WE ARRIVE BALANCE AS PER PASS BOOK.
R.V.RAO
DEDUCT CQs DEPOSITED NOT CREDITED BY THE BANK.
ADD CQs ISSUED AND NOT CLEARED BY BANK,
INCLUDING POST DATED CHEQUES IF ANY ISSUED UNLESS ALREADY DEBITED BY BANK.
ALSO DEDUCT BANK CHARGES ETC.DEBITED BY BANK .
THEN WE ARRIVE BALANCE AS PER PASS BOOK.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- RELATED TO TRIBUNAL APPEAL
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- LIC maturity claim whether taxable
- Sec 44ada applicable only or both
- Compulsory aqisation of Agriculture & Non Agriculture land are taxable or not ?
- TDS AND ITR ISSUE
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
