Value date
This query is : Resolved
Guest
Guest
(Querist)
27 September 2012
In bank statement there are two kind of dates
1. Date & 2.Value Date. What is the meaning of Value date?? In writing accounts which date should be considered???
1. Date & 2.Value Date. What is the meaning of Value date?? In writing accounts which date should be considered???
27 September 2012
Value date means the date of effective clearing date. (Ex: Clear balance means actual balance after u deposit a cheque for actual clearing).
In such cases, the value date shall be considered for accounting.
In such cases, the value date shall be considered for accounting.
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