What is Vendor Reconciliation and how is it done ?

Answer Posted / suryakant padekar

vendor reconciliation means statement showing difference of
Company payable to vendor a/c balance & vendor outstanding
bal. It is reconcile from both account bal company and
vendor. If there is is any advance to vendor it will reduce
the bal from company payble amount.

Is This Answer Correct ?    232 Yes 23 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.

1663


please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You

1783


what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this

1537


Dear Experts, Please advice, what are the rate of WCT , and is it differ from individual to companies in case of deduction ( if i am the deducting person)

1317


Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.

1696






Rules for filling Income Tax return for a MNC?

1636


come'?

1715


when charges PURCHASE @ 12 % TAX RATE ?

1450


we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?

915


How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?

1549


Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.

1580


I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.

4268


HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,

2124


WHAT IS CORPORATE TAX ?

1799


What is the general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?

1233