ADNAN HUSSAIN (Student CA IPC / IPCC) (152 Points)
21 July 2020Hello,
After whole year accounting, there is a bank balance difference of Rs. 1810 with actual bank statement and books of accounts even after BRS.
How can i rectify the same???
sasikumar
(auditor)
(29 Points)
Replied 21 July 2020
RAJA P M
("Do the Right Thing...!!!")
(127058 Points)
Replied 21 July 2020
CA Mohammed Khalandar
(Practicing Chartered Accountant)
(203 Points)
Replied 21 July 2020
Hi,
Please re-work the BRS.
Check the BRS on every month-end basis.
If you are unsuccessful, I can help you in tallying it.
Thanks & Regards,
Mohammed Khalandar
Chartered Accountant
Email - iamkhalandar @ gmail.com
Md Sohail
(student)
(28 Points)
Replied 21 July 2020
NITIN
(Student)
(72 Points)
Replied 24 July 2020
Hi!
Pls check below points
1. Opening Balance is correct or not
2. Is Rs 1810 amount double booked or not?
3. Use Cheque numbers/RTGS for cross verification
4. Bank Charges.
5. After all done check month wise balance with books of accounts.
note: You can export this to excel and do your working using formula.
Hope by following this you will get the difference.
RAJA P M
("Do the Right Thing...!!!")
(127058 Points)
Replied 24 July 2020
NITIN
(Student)
(72 Points)
Replied 24 July 2020
RAJA P M
("Do the Right Thing...!!!")
(127058 Points)
Replied 24 July 2020
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