i have a bank statements for a xyz company, how did start Bank
Reconciliation Statement, what is the concept of BRS and what
is the steps to follow up the BRS. can u told how to do brs in
Excel easily. please solve my question.
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first ofall we have to know what is BRS, ( Bank
Reconsilation Statement) is noting but reconsilation
between our bank statement and our bank book & cash book.
First step : you take your bank book i mean your company's
bank book nd see how many transactions is matching wihh
your bank statement, tick it which is same with your and
your bank books.
Second Step : you have to note down which cheques are not
cleard in your bank which already issued by you or by your
organisation,
Third Step : Some times we issue post dated cheques and
some time we will issue cheques in month ending these type
of cheques will cleare after that month, then this type of
cheques will be there in your bank statement but it will be
in your cheque issued register in this type of concern your
bank book and your bank statement will be tally.
there are the important steps
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / jitindersingh
calculate taking ur cash book bal...aur bank bal ko nikalna hai..agar chq issued hai to dekho hamari cash book ka bal kam hua hai par bank book me nai to cash book ke bal me less kardo....aur jiska bal nikalna hai usko apna maalik samjho..jo bhi effect uspe pade wohi upar waley bal me daal do...its the easiest way hope yu will do now easily...
| Is This Answer Correct ? | 2 Yes | 2 No |
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