Banking ledger - for reco

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2014 Please tell me which closing balance has to be taken in next year for banking opening balance as per the banking closing balance ore as per the our cash book closing balance

03 August 2014 Dear Friend,

We should take into account bank balance as per our books.


Thanks,
Devanand

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2014 Thanks your sir, but my problem is that i don't have have any last year transaction in the system means (not cleared check & all) then how will my bank reco get match with the bank?

Thanks in advance

03 August 2014 You have to take balance as per Cash Book. And if you have not mentioned your cash book properly then how would you prepare accounts?

04 August 2014 PLS TAKE BALaNcE AS PER YOUR books .


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