Cash flow reconciliation

Mithun Banerjee (Accountant) (54 Points)

31 August 2012  

Dear All

 

How to reconcile branch cash flow when some cheque issued to creditors from head office

 

Example:-

Head office 

Branch A S/creditors A/c-----------Dr.  Rs-10000/-

To, Bank A/c--------------Cr.                              Rs.-10000/-

         

 

Branch A

S/Creditor A/c-------------------------Dr.  Rs-10000/-

Head office A/c-----------------------Cr.                  Rs-10000/-

 

Head Office Cash Flow Shown

Inflow                                                                       out flow

                                                                   Branch A        Rs-10000/-                                   

 

 

Branch A Cash Flow Shown

Inflow                                                                       out flow

Nil                                                                                 Nil

 

Note-Branch A has not any bank A/c

 

please suggest for above