Accounts

Others 1192 views 2 replies

Sir,

Due to oversight one bank account is not reconciled in financial year 2011-12.

It shows in our account as Debit balance 32,000.00  closing balance as on 31.03.2012

And bank statement shows Cr. balance of 6780.67closing balance as on 31.03.2012 

Remember 2011-12 already finalised and returns are filed?

So, What should be done to tally and reconcile in Financial year 2012-13? The difference of 2011-12.

 

Kindly suggest

Thanks

Replies (2)

there must be some credit entry which has not been recorded in the books of accounts..reconcile with account statements..

Split the tally data and change the opening balances...!!! Also in the mean while check bank statements of the last year and correct the reco in last year books...

I guess this is the simplest way to do things.....!!!


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details