what is difference between 1) Realisation Date 2) Value date & 3) advice date as per banking term?.
please reply on above.
2 Replies
vivek kumar jain
(service/student)
(559 Points)
Replied 07 January 2017
In Simple Terms Realisation Date means Receiving Date and Value Date means Effective Date.
Bhavesh
(Accounts)
(899 Points)
Replied 07 January 2017
Thanks for Replying Vivek, in the above case Effective date means the amount has been credited by the bank on that date?.
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