Interested to Buy Any Domain ? << Click Here >> for more details...
What do you mean by Rollforward and open item in Accounts
Reconciliation?
- 1 Answers
- 16334 Views
- I also Faced
- E-Mail Answers
Answer / lxmi1972
In Account Reconciliation, opening balance and closing will
be tied up by way of showing reconciling items.In the other
way,it cn also be said that the movement of transactions
for a particular months will be tied up with the closing
balance shown in GL.
However, Rollforward is nothing but the open items which
are carried over from the previous month(s)which need to be
analysed and set right. On the other hand, Open items are
the items which are found in the current reconciliation for
which the reason to be ascertained and resolved.
| Is This Answer Correct ? | 5 Yes | 1 No |
What is BMP in IMS
what is cash discount?
under which ledger should i make opening work in progess and closing work in progress
what are different inventory and stock.
What do you mean by contingent liability?
DEPRECIATION
Purchased good from Sreenivasan company for personal use Rs.50000 What is journal entry
Explain have you ever heard about tds, what it is?
what is joint venture & venture capitaling
what is mean by accounts
what are Accounting Documents and Book of Accounting
why don't we take cash and bank accounts into realisation a/c
Audit 
