what is Reconciliation-NOSTRO,VOSTRO?
- 13 Answers
- 75546 Views
- ABC, ANZ, UBS, I also Faced
- E-Mail Answers
Answer Posted / anandsurya
Nostro A/c A banking term to describe an account one bank
holds with a bank in a foreign country, usually in the
currency of that foreign country.
Vostro A/c Local currency account maintained by a local
bank for a foreign (correspondent) bank. For the foreign
bank it is a nostro account
| Is This Answer Correct ? | 77 Yes | 6 No |
Post New Answer View All Answers
Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed
Why do you want to work with us
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
hi guys, pls refer me how to preppare for Indian Bank exams.
institutional investors?
How goodwill is accounted for the first time in a company .
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
how a fund flow statement benefit the individual, corporate?
npa is either person or account
Expand---------NPTO
what are the important steps to take during the conversion of an accounting system.
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
