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Reconciliation of bank accounts

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Querist : Anonymous

Querist : Anonymous (Querist)

22 August 2011 Can any one explain in detail regarding reconciliation of bank accounts

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)

22 August 2011 Just bring u r account statement copy from the bank and compare with u books. If u have any particular clarification u write clearly about your doubt.
OM SAI SRI SAI JAI JAI SAI

Querist : Anonymous

Querist : Anonymous (Querist)

22 August 2011 I think u are saying about BRS. I am asking about reconciliation between the no. of bank accounts in previous year and current year

Querist : Anonymous

Querist : Anonymous (Querist)

24 December 2012 Reconciliation of bank accounts can be explained as reconciling the balance as per bank ledger (as per books of accounts) with the balance as per bank statement. The reason will be like amounts credited/ debited in bank statement where as the same are not accounted in books and vice-versa. Enquire about the reason for such differences and solve accordingly..

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