I want to ask if last year my client has not taken bank details in there financials, and in the current year there is an opening balance appearing in the bank statements and the client was operating from that bank accounts in previous as well as in current year.
How to and where to take that opening balance effect of bank account in financials ? how do I adjust that opening balance ?
please also help me in regard to, that in last year financial's bank balance (other than mentioned above) as at last day shows balance which is not matching with bank statements, how to take that effect also?
CAclubindia
