A B.R.S. is a statement prepared by organizations to 
reconcile the balance of cash at bank in a company's own 
records with the bank statement on a particular date.
This statement is the most common tool used by 
organizations for reconciling the balance as per books of 
company with bank statement & is made at the end of every 
month. The main objective of reconciliation is to ascertain 
if the discrepancy is due to error rather than timing.
Following steps can carry in Accounts to calculate B.R.S.
1. Cheques drawn but not yet presented to the bank.
2. Cheques received but not yet deposited in the bank.
3. Interest Credited & not recorded in the organization's 
book.
4. Bank charges debited but not recorded in the 
organizations books.

& Following steps can carry in Cost Accounting to calculate 
B.R.S
------------------------------------------------------------
! Net As Per Cost Sheet                                 Amt.
! Add:-
! 1. Any stock's opening balance is overvalued  
 in cost book.                                      Amt.
! 2. Any stock's closing balance is undervalued
 in Cost Book & Overvalued in organization's books  Amt.
! 3. Administrative or Selling Expen. Overvalued 
  in Cost book & Under valued in Organization'
  book.                                              Amt.
  4. Any dividends received in organization's book & 
   not recorded in Cost book.                        Amt.
                                                   ------ 
                                                         Amt
 Less:-
 1. Any interest debited in organization's book & 
   not recorded in Cost book.                        Amt.
 2. Loss on Sale of Assets debited in 
  organization's book & not recorded in Cost book.
 3. Godwill, Preliminery Exp. or any Exp. written 
 off in Organization's book.                         Amt.
 4. Any tock's Opening balance is overvalued in 
 financial book.                                     Amt.
 5. Any Stock's Closing balance is overvalued in 
 Cost book.                                          Amt.
 6. Administrative Exp. or Selling Exp. is 
 overvalued in organization's book.                  Amt.
                                                   ------
                                                         Amt
                                                        ----
 Profit as per Organization's book                       Amt
                                                        ----
                                                        ----