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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
