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Brs

This query is : Resolved 

06 April 2013 how do we do entry for the cheque which was issue in one finacial year and cleared in next finacial year .
like a telephone bill amount rs 2500 amount cheque issued on 28.3.2013. but the amount cleared from bank on 2.4.2013. what is entry of this expenses? plz advice

06 April 2013 You just pass the entry on 28.03.2013 in books. The amount will be reflected in BRS as it is cleared in next FY.

06 April 2013 WHAT IS ENTRY IN NEW BOOKS OF ACCOUNTS.

06 April 2013 In Next FY you are not required to pass any entry.

06 April 2013 HOW THE BANK WILL RECONCILE? CAN U PLZ EXPLAIN IN DETAILS


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