29 May 2014
Plz experts solve my problem i am doing BRS in tally for the FY 2013-14 i hve completed now as per bank statement and as per company book both are tally. but my questions is what will the opening balance in BRS for the next FY 14-15 as per company book or as per bank book??
30 May 2014
in reconciliation, you may opt any balance i.e. either of co or of bank. better to keep closing balance instaed of opening balance and add/les the differential entries of current period in old BRS statement.
31 May 2014
your can take opening balance in ledger "Cheque issued but not present" amount of cheque issued but not present . and in bank a/c you can take bal. as per book.
and then you make in 1.4.2014 make payment entry by bank paymt voucher and debit the cheque issued but not present a/c for all payment . after make all entry your bal is same as in last year.
CAclubindia
