brs
(Guest)
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 01 March 2011
BRS or any other Reconcilation this is the thumb rule
1.When we go from less balance to more balance You add
2.if You go from More Balance to Less Balance You deduct
You take any one Book as base and follow this thumb rule
But by reading an adjustment you should figure out is it more in one book and less in other book for which you should read the book and thourogly understand the concepts of all adjustments but only four main adjustment first you concentrate
1.Cheque Deposited but not credited
2.Cheque issued but not presented for payment
3.Dividends,Interest credit in pass book but not in cash book
4.Bank charges debited in pass book
Y@$#u
(ipcc group 2, article)
(683 Points)
Replied 06 March 2011
hey... hav already submitted u d link to my file for brs... very simple approach to understand brs
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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