What is the relevance of BRS

In Online Transactions also sometimes entry clears next day . Therefore if its 31st March and the entry clears on 1st April then even in case of online transaction BRS is required 

There is no relevance in brs. With sophisticated erps now a days, if somethig doesnt mathc, you have to put it into a suspence. Then, b.com or mba or a ca manager will sort it out. You dont even have to calculate and you get paid at the top level.

Besides brs is for poor people.  Ca doesbt have brs apart from diploma level  this is all cheap ro earn money by colleges. Brs is not even accounting but they interview questions. Ceos are trying to earn nake mobey by showing brs is important that higher qualified dont it. My a

As per the cash book or bank book it says and who the frig cares. There no perfect principle behind brs. So vagabonds in accounting need not come back asking silly questions. When an accounts curriculum doesnt have it neither does a standard, its a cheap transaction and cost constraint. 

As per the cash book or bank book it says and who the frig cares. There no perfect principle behind brs. So vagabonds in accounting need not come back asking silly questions. When an accounts curriculum doesnt have it neither does a standard, its a cheap transaction and cost constraint.