Well, today we want to talk about the contradiction and its methods:
Institutions usually make a monthly reconciliation of the bank account balance according to the bank statement to see if the numbers entered in the account are the same in the bank.
Contradiction methods:
We want to see the most commonly used Madhutaroshi in China
1_ How to reach the actual balance
2- The method of getting from one balance to another balance
How do they check the balance between the books and the bank?
Between the dates of the number that happened in the offices of the same date, they check the balance of the bank statement to see if that number also happened on this date in the bank.
If those numbers are equal, how are you?
@hesabdarimomtaz
Like, for example, they don’t mention the date of 1/15
And on the same date in the bank, see if the debit balance of the account is the same as the balance of the bank account.
Also, the credit card balance and the debit balance of the bank statement, if they are equal, then there is no problem and it is correct, but if they are not equal, it should be checked. These numbers that are not equal are called open items, open items of the books, or open items of the bank, which should be resolved.
At least these are possible:
Postponed checks (issued checks that have not yet been submitted to the bank)
Interim deposit (the company’s bank deposit at the end of the day)
Mistakes (the bank or the office may make this mistake)
Customer’s deposit
Deposit for investment interest (your company has invested in another company and give it profit)
Bank fee (the bank withdraws money from the account for a check or 000)
and 00000
Now let’s go with an example
The first method and reaching the actual balance:
Company A office:
The balance according to the books is 159,000, the balance according to the bank statement is 274,000
The amount of 30,000 was collected from the company’s debt through the bank
At the end of the day, the amount of 25,000 was deposited in the bank, which has not yet been added to the bank
The bank applied the amount of 24,000 deposits of another company to the account of company A
The amount of 50,000 profit for investment in a company B to the current account of the company
The amount of 2000 was withdrawn from the account by the bank for bank fees
The check issued for the amount of 20,000 has not yet been submitted to the bank for collection
The check issued for the amount of 46,000 for the purchase of furniture was mistakenly registered in the company’s account for 64,000
Solution:
The balance according to the books is 159,000
it will be added:
Customer deposit 30,000
Error 180000
50,000 profit deposit
Is deducted:
Bank fee 2000
000000000
balance 255000
The balance according to the bank is 274,000
it will be added
25000 deposit
Is deducted:
20,000 pending check
Error 24000
0000000000
The balance is 2550,000
@hesabdarimomtaz
The second method:
Getting from one balance to another balance:
We will go to the bank after leaving the office
The account balance is 159,000
it will be added
Deposit 30,000
Error 18000
50,000 deposit
20,000 pending check
Error 24000
Mishor:
2000 fee
25000 deposit
0000000000000
balance 2740000
Well, part of the issue of bank reconciliation
Kari from the premium accounting group and channel
@hesabdarimomtaz
#Excellent contrast
This post is written by Huryyy00