if we recorded apr 19 amount received in the month of March 2019
How should we record it in the month of April 19 to match the balance
2 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 March 2020
What is the bank balance at 31st March...? is included the amount or not...?!
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 18 March 2020
If the cheque is received in March and cleared in April then you can use OPENING BRS if you have splitter the BRS.
Else the enter the clearing date in BRS.
No need of recording the entry again as it is a part of BRS
Else the enter the clearing date in BRS.
No need of recording the entry again as it is a part of BRS
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