Sundry debtors aur sundry creditors kaise match kare

accounting mein sundry debtors and sundry creditors ko kaise match karte hai
Replies (3)
Quick Summary
This discussion explains how to match sundry debtors and creditors in accounting. It involves collecting statements, comparing outstanding balances, investigating differences, and making necessary adjustments. Regular reconciliations are key to maintaining accuracy and resolving discrepancies promptly. The thread also touches upon the possibility of offsetting receivables and payables, referencing accounting standards.

  1. Collect statements from both sundry debtors and sundry creditors.
  2. Compare the outstanding balances between the two parties.
  3. Investigate any differences or discrepancies in the balances.
  4. Make necessary adjustments to rectify discrepancies, such as recording missing payments or invoices and correcting errors.
  5. Prepare a reconciliation statement summarizing the matching process and showing the final agreed-upon balances.
  6. Perform regular reconciliations to ensure accurate matching and timely resolution of discrepancies.

By following these simple steps, you can effectively match sundry debtors and sundry creditors in accounting.

For more detailed information, visit Swipe Blogs.

You can do that if your standard permits you to offset receivables and payables. In most cases companies do matching

Does anyone know AS standard which mentions set off. I've searched accounting for investment and not available. 

Provisions? What is AS equivalent standard to financial instruments 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details