what is the BRS
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Bank Reconciliation Statement is at the end of a month or year that is 31 March.
We need to confirm the original balance comparing with the cash book & bank statement.
Whether the issued cheques are cleared or not cleared at the bank. And the cheque receipts submitted in the bank are credit or not in the pass book.
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Answer / himanshu singhal
BRS is not a forming part of business.
BRS is the difference between the cash book and pass book.
BRS is prepared by the cystomers of bank.
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Answer / guest
Bank reconciliation statement is an statement in which bank reconciliation is done
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i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details