What are the points which should keep in mind when finalizing balance sheet

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J P SINGH (Querist)
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18 September 2013 hello to all.. i m doing multiplaces accouting and my query is about the finalization of balance sheet

Ganeshbabu K

Ganeshbabu K (Expert)
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19 September 2013 https://www.caclubindia.com/articles/finalization-of-balance-sheet-practical-aspect--15257.asp#.Ujoe6sanrDU

https://www.caclubindia.com/articles/finalization-of-balance-sheet-part-iii--15406.asp

https://www.caclubindia.com/articles/finalization-of-balance-sheet-part-iii--15406.asp

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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19 September 2013 While finalising the Balance Sheet in addition to the links given to you by the expert Ganeshbabu kindly note the following
1) Due statutory liability has been considered.
2) Reconciliation of TDS with Gross TO
3) Confirmation of accounts with the debtors and creditors
4) Loan confirmations.
5) Tally the VAT return with actual accounts and many more

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