Sir
We are using mannual books of account (no any type software) we issued a cheque to firm in March same cheque clear from bank April 9,2020 Now bank balance and book balance not matching please suggest how to match the books balance with bank.
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Cheque clearance
Replies (2)
No it will not match u have to prepare brs and while filling financials u have to take bank balance as per books
While prapering Bank reconciliation statement , you have to Add back amount of cheque issued to party in your books of accounts to tally your book balance with bank balance on 31st march .(cheque issued but not cleared ).
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