Accounts reconcilation
This query is : Resolved
CA Sumat Singhal
(Querist)
06 August 2012
dear experts kindly provide solutions
A company has group of companies. situation is he has C&F contract now while he opens a account in his name (it took 20 days for same) meanwhile another company made payment or received on his behalf so what to do now for reconciliation of accounts or adjustment or legal provisions are in this matter. both r pvt company.
thank u in advance
A company has group of companies. situation is he has C&F contract now while he opens a account in his name (it took 20 days for same) meanwhile another company made payment or received on his behalf so what to do now for reconciliation of accounts or adjustment or legal provisions are in this matter. both r pvt company.
thank u in advance
Rajnish Singh
(Expert)
09 August 2012
HI SUMAT,
IF ALL IS GROUP COMPANY . AND ONE RECEIVED OR PAID THE PAYMENT ON BEHALF OF OTHER THAN WE CAN DEBITED OR CREDITED THE RESPECTIVE GROUP .
AND MAKE RECO OF INTER BRANCH COMPANY FOR FAIRNESS OF CALCULATION .
THANKS
RAJNISH
IF ALL IS GROUP COMPANY . AND ONE RECEIVED OR PAID THE PAYMENT ON BEHALF OF OTHER THAN WE CAN DEBITED OR CREDITED THE RESPECTIVE GROUP .
AND MAKE RECO OF INTER BRANCH COMPANY FOR FAIRNESS OF CALCULATION .
THANKS
RAJNISH
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