what is BRS and how it is prepared in BPO sector?? Please
answer fast.....




Answers were Sorted based on User's Feedback



what is BRS and how it is prepared in BPO sector?? Please answer fast.......

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

what is BRS and how it is prepared in BPO sector?? Please answer fast.......

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

what is BRS and how it is prepared in BPO sector?? Please answer fast.......

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




what is BRS and how it is prepared in BPO sector?? Please answer fast.......

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

what is BRS and how it is prepared in BPO sector?? Please answer fast.......

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

Post New Answer



More Accounting General Interview Questions

What is ABC ANALYSIS OF INVENTORIES ?

2 Answers  


if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary

1 Answers  


PAID TO SALARY FOR JASIL 1500.JASIL LOAN 500

1 Answers  


what is the difference between trial balance and ledger account

4 Answers  


in Tally what is cost cenre,cost categori and why we need to prepare them

0 Answers  






what is Vat c-4 form why using

9 Answers   ABC,


What do you mean by DP(Drawing Power)

14 Answers  


What is the Diffrence Between Expenses & Expenditure ??

3 Answers   Focus, OPI Global,


gold purchse

1 Answers  


i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?

0 Answers  


if the current ratio is 0.5 what is the impact of working capital

4 Answers   Capital IQ,


suppose total salaries paid is 10000, 1000 is outstanding. how & which amount will shown in receipts & payment, income & expenditure and balance sheet accounts

2 Answers  






Categories