Transaction processing of banks having different branches
This query is : Resolved
10 October 2012
Sir,
How processing of transactions takes place of Banks having different Branches arround the country.
I want to know practice steps they used to take to maintain there books , please enlighten me how they Practically maintain there books because in it use not to be maintained like books maintaining in Tally Softwares.
Thankyou
How processing of transactions takes place of Banks having different Branches arround the country.
I want to know practice steps they used to take to maintain there books , please enlighten me how they Practically maintain there books because in it use not to be maintained like books maintaining in Tally Softwares.
Thankyou
10 October 2012
Banks use various kind of high end software like finacle etc. Its make easy for banks to generate various report, need not do it manually. Also it is connected to all the branches via one common server i.e CBS(centralized server). So any transaction at any branch across country is possible.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- REGARDING GST LIABILITY/....
- Last year TDS Claim
- GST Registration Horse racing
- Small dealers gst returns filing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
