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what is BRS and how it is prepared in BPO sector?? Please
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Answer / meenu_06
BRS is the statement prepared to reconcile the difference
between cash book prepared by organization and bank book
maintained by Bank.
it is prepared by matching th GL transactions related to
bank with bank statement provided by client's bank. If
there is some difference between that would be parked under
reconciling items.
| Is This Answer Correct ? | 44 Yes | 1 No |
Answer / sandip
bank reconciliation statement means statement prepare by
accountant to find different between bank book and company
books. it means we issued some cheque for clearing to
parties but its take time to cleare but at that time our
company book balance taking effect of that cheque. but our
bank book not effected same time so company and bank book
balance mis match. so find that (cheque issued but
depoisted and cheque deposited but cleare) mismatching
statement called BRS
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / syed shakir ali
BRS Stands For Bank Reconciliation Statement in Every Sector
the process of preparing report is all most same. Make a
Excl Statement Which transaction of our Debit Side ur
Company Credit Side and vice versa Find If any Missing
Transactions finally Tally the Bank Statement with our
Accounting Leger of Specified Bank. Note and Supporting
Documents Attached that statement.Eg. Cheque Issued Not
Presented IN banks.Cheque issued but not entered in accounts
books.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / natesh
BRS IT IS A STATEMENT PREPARE TO RECONCILE THE STATEMENT OF
THE BANK BALANCE AS PER THE CASH BOOK WITH THE BANK BALANCE
AS PER THE CASH BOOK.
ND IM SORY I DO NO HOW IT IS PREPARED IN BPO SECTOR.
THNKS FOR UR ANSWER MEENU.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / reddy
BRS is a statement . it is use for recouncilation of
bank statement bank book and cash book is same. but cash
book prepared by organisation. bank book maintained by
bank tottally this are talled by their company accountant
| Is This Answer Correct ? | 3 Yes | 0 No |
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