Dear All,
Can any one help me regarding how to reconcile the sweep a/c.
Please help me with example and send the contact number also.
Ashish Jain
(.Net Developer)
(641 Points)
Replied 05 August 2015
u can reco with the relative bank statement or ask the bank for statement.
eshi5198
(Article Assistant)
(72 Points)
Replied 21 September 2015
U will get a statement from the bank, take that statement and record entries, mostly there will be two types of entries one is interest on sweep in FD and another is TDS on interest
For Interest ... Sweep in FD A/c.....Dr
To Interest on Sweep in FD A/c
For TDS...... TDS on sweep in FD A/c....Dr
To Sweep in FD A/c
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