What do you mean by Rollforward and open item in Accounts
Reconciliation?
- 1 Answers
- 15398 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 quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
what is profit maximisation
what is the formula for profitable index
i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
why accounting is important in business?
How to cancel an invoice and what is the accounting entries
what do you mean by Firm
Dear Sir, I have bought a vehicle the show room price is Rs.921700, Registration Rs.60000 Parking Charges Rs.5000 Please let me suggest What is assets value?
HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
how to reverse the receipt cash entry & contra is also passed for it in tally erp 9
HOW TO POST THE GENERAL ENTRY OF DEPRECIATION ON FURNITURE IN ACCOUNTING SOFTWARE FOCUS
Audit 
