In bank statement value date is before the transaction date
i.e value date is 31.03.2020 and transaction date is 01.04.2020
which date should be considered for bank reconciliation statement
Menu
In Bank reconciliation which is considered value date or transaction date
Replies (1)
On the value date. Because if you transacted a cheque into the bank, if it gets cleared after 4 days due to holidays, the date on which your account is credited with cash is called value date. BRS refers to value date.
Recent Threads
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
Related Threads
CAclubindia
