WHAT TO DO IF BANK RECONCILIATION STATEMENT DOES NOT TALLY?

Answer Posted / krishnaveni

In general, Balence as per the bank shall be treated as the
correct and accordingly payments shall be planned and very
rarely we come accross unacceptable bank charges directly
debited by bank. As a most reputed or valuble customer to
the bank we can negotiate with the banker and get it
knocked off. We can update our bank book based on the bank
statement.

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