what is brs
Answers were Sorted based on User's Feedback
Answer / mian faisal
statement of all the conflicts and discrepencies wich are
ocurres between customer and banker acoount,or in cash book
and pass book , its a periodically statement wich iz made
aft a end of month or aft 15 dayz.
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Answer / pandarinath
it is a statement prepared by accountant(or business man)to
showing causes of diference between cash book and pass book
on particular period
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Answer / brahmanandam
brs means bank recouncilation statment.why its prepare
means its shows to the difference between cash and passbook
balances.
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Answer / aamer
BANK RECONCILIATION STATEMENT IS A STATEMENT PREPARED BY
ORGANISATION TO RECONCILE THE BALANCE OF CASH BOOK TO BANK
IN A COMPANY OWN RECORD WITH THE BANK STATEMENT ON A
PARTICULAR DATA.
THE DIFFERENCE MAY ARISE BECAUSE OF THE FOLLOWING REASONS.
CHEQUES DEPOSITED INTO BANK BUT NT YET COLLECTED BY BANK
CHEQUES ISSSUED BY THE ORGANISATION BUT NOT YET PRESENTED
FOR PAYMENTS
CHEQUES DIRECTELY DEPOSITED BY CUSTOMERS INTO THE BANKS.
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