Interested to Buy Any Domain ? << Click Here >> for more details...
What is the Significance of Open Item of B.R.S. in SAP.
- 1 Answers
- 8290 Views
- Samsung, I also Faced
- E-Mail Answers
Answer Posted / lakshminaryanan
B.R.S= Bank Reconciliation Statement Itmes.
Significance: Open items in SAP means, there are some
transactions which will be appearing and some transactions
which will not be appearing on a particular period and this
open itmes will be derived by reconciling the SAP book
entries with the Bank statement(Statement received from
Bank) and the missing itms in any of those records will
emerge as a Open items.
Through this open items Books the fact of the case can be
ascertained and the relevant recording of entries into SAP
will be happening. Similarly, Banks also can be questioned
for any un authorised and un usual and irreevant
transaction in our account(Company Account). Thus, open
itmes makes a real significance in doing BRS.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?
if any otion in tallyerp9 version about doing Luxury tax work
Define overhead in terms of accounting?
HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?
What is Capital Commitments means?
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
what is difference among credit, loan, advance
cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me
Anti Takeover policies
What are mis reports and do you prepare it?
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
your company by machinary for Rs 3000000/-, what will be the maximum term lean avaible form bank?
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
whats difference between manufacturing account & cost account
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
