If Pass book & Cash Books Balances are showing same so are
you need to BRS ?
- 17 Answers
- 25177 Views
- Genpact, iGate, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / benudhar nayak
Yes,it need to BRS Ex:Feb-13 We have given a cheque to party-1500/- but party not clear this chque & bank also given to us 1500/- intrest in our amout so what happen bank & Pass book is equal.So we need to BRS@monthly.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / chandu
yes sir, if cash book and bank book balances are showing same balance. you needn't to prepare reconcialation.
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / md abdul bari
BRS is prepared when there is a difference between cash book and pass book balances, if both the books are showing same balances, no need to prepare BRS
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / anil ahuja
In this condition there is no need for making reconciliation
| Is This Answer Correct ? | 0 Yes | 2 No |
No Need not prepare BRS. but, best to prepare for final
confirmation. but In normally we are not prepare again BRS
if P.B and C.B is tally.
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / rajmails2
for finding of the difference between Cash Book balance and
Pass Book balance only, we are preparing Bank
Reconciliation statement. if same balance shows both books
there is no problem.
| Is This Answer Correct ? | 16 Yes | 20 No |
Answer / surekha
BRS has nothing to do with balances tallying. it has to be
done to verify every release of money and every collection
of money the fact that balances match cannot be an excuse
for not doing the brs.
even if an account not opertional we need to do brs.
| Is This Answer Correct ? | 4 Yes | 14 No |
when a customer buys a good. we have to debit bank and credit inventory equaly. but wouldnt selling a good make a profit?
companys act
what is good will and what are the different types of good will
how to pass journal entry for credit card a/c in tally erp 9 How to generate in tally erp9 for credit card account new
what is Depreciation
WHAT IS ENTRY FOR CREDIT SALES?
Explain about the accounting software "SAP" and discuss its advantanges.
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
what is the journal entry for : cheque received from Mr A and sent for collection.
How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
How to split the company in tally?
Audit 
