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What is meant by BRS ?, what is main diff between the
Electronic bank statement and manual bank statement ?.

Answer Posted / prakash

BRS is Bank Reconciliaton statement which contains all open
entries not matching between Bank and the company.

The main difference between these are:
MBS is entered manually by viewing the manual bank
statement whereas EBS is uploaded in a specific format
provided by the bank.

Is This Answer Correct ?    12 Yes 3 No



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