Branch to Branch Entery Can I Pass?
This query is : Resolved
Mahesh 1977
(Querist)
16 May 2011
We Have 4 branch. HO In Pune. Some Time Fund Direct transfer to One Branch to Other Branch that time Can I show entry fund transfer to Other branch.?
Or
First show fund come to HO and Transfer to Other Branch?
What can i do here?
Or
First show fund come to HO and Transfer to Other Branch?
What can i do here?
CA. Aryendra
(Expert)
16 May 2011
You can opt both the option.
Option Direct Entry 1. No Entry At H.O.
Transferring Branch
Branch A Dr
To Bank
Receiving Branch
Bank Dr.
To Branch B
2. Option 2 Entry Through HO.
1. HO. Dr.
To Bank
(Fund Transfer To A Branch
2. Bank Dr.
To H.O.
(Fund Received From B Branch)
3. Entry in HO Books
Branch A Dr.
To Branch B
(Fund transferred by B Branch to A Branch)
Option Direct Entry 1. No Entry At H.O.
Transferring Branch
Branch A Dr
To Bank
Receiving Branch
Bank Dr.
To Branch B
2. Option 2 Entry Through HO.
1. HO. Dr.
To Bank
(Fund Transfer To A Branch
2. Bank Dr.
To H.O.
(Fund Received From B Branch)
3. Entry in HO Books
Branch A Dr.
To Branch B
(Fund transferred by B Branch to A Branch)
CA. Aryendra
(Expert)
16 May 2011
Option 2 is better for controlling point of vies.
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