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How To Do Bank Reconciliation In Tally

July 10, 2022July 10, 2022 admin 0 Comments bank reconciliation in tally in hindi, bank reconciliation in tally pdf, bank reconciliation statement format, for auto bank reconciliation on the bank reconciliation, How can I reconcile bank account in tally, How do bank reconciliation in Tally prime, how to change effective date of reconciliation in tally, How To Do Bank Reconciliation In Tally, how to reset bank reconciliation in tally erp 9, how to show bank reconciliation date in tally erp 9, shortcut key for bank reconciliation in tally, What are the 5 steps for bank reconciliation, What are the rules of bank reconciliation statement, What is the journal entry for bank reconciliation, What is the shortcut key for bank reconciliation in tally

How to do Bank Reconciliation in Tally Complete Information

If you work in Tally, then you definitely need to know what is BRS: Bank Reconciliation Statement in hindi and how to do Bank Reconciliation in Tally, because without this we can do well in Tally ERP 9 and Tally Prime. We will not be able to do the work and our work will not be completed, so today we will give you Bank Reconciliation in Tally : BRS | We are going to give information about how to do Bank Reconciliation in Tally.

What is Bank Reconciliation in Tally

The purpose of Bank Reconciliation in Tally is to actually reconcile the Bank Book and Cash Book related transactions taking place in our business and business, reconcile the difference amount between Bank Book and Cash Book (Reconcile ) To do Bank Reconciliation in Tally.

This is an important process that we should do before preparing the report in the quarter, half quarter of the financial year, only then our accounting job will be completed.

What is meant by Bank Reconciliation Statement (BRS)

Bank Reconciliation Statement : Bank Reconciliation Statement, BRS whose full name is Bank Reconciliation Statement, which is used when the bank related transaction is done through Passbook, the actual money transaction cannot be checked i.e. on the day the bank transaction has taken place. But when the actual transaction took place in the account, its report is prepared by the Bank Reconciliation Statement.

To do the Bank Reconciliation Statement, go to the Display Menu of Tally, after that the Ledger option will appear under the Accounts Book section, where we have to select the Bank Ledger, on selecting it, the option of Right Side Reconciliation will appear through which we can do Bank Reconciliation. Huh.

Bank Reconciliation in Tally : BRS | How to do Bank Reconciliation in Tally

It is very easy to do bank reconciliation in Tally ERP 9 and Tally Prime, for this we have to follow the following steps –

1- Goto Gateway of Tally
To do Bank Reconciliation in Tally, first of all we have to take the Gateway of Tally.

2- Select Display Menu
After coming to Gateway of Tally, go to Display Menu.

3- Click on Accounts Books
After going to the Display Menu, click on the Account Book option.

4- Now Click on Ledger for Bank Reconciliation in Tally
Now we have to go to Ledger.

5- Select Bank Ledger for Bank Reconciliation in Tally
After going to Ledger, we are seeing List of Ledger under Name of Ledger, out of which we have to click on our Bank Account Ledger, there can be more than one bank account, so here you have to reconcile the bank of which bank. Select it.

6- Finally Click on Reconciliation option.
As soon as you select Bank Account, you will see the screen of Ledger Voucher in which you will see the transaction done by you by clicking on Transaction Shortcut Keys F8 or by selecting Reconcile option present on the right side we can do BRS: Bank Reconcile .

According to the above mentioned information, you can do Tally ERP 9 or Tally Prime Bank Reconciliation, as you can see in the picture below, as soon as we select any transaction and click on the Reconcile option, then we will get information about Bank Date The thing to be understood here is that Bank Date is the date on which the amount is actually debited or credited from our account.

How to prepare Bank Reconciliation

To prepare Bank Reconciliation Statement, it is very important for us to have these two things, without this we cannot prepare BRS Bank Reconciliation Statement –

cash book and
Pass book entries

Why do Bank Reconciliation

Why do Bank Reconciliation statement, the answer is that when we do bank related transactions in our business, business, many times we debit the amount from our Tally, but the amount is not debited from our bank account on that date because Our customer or merchant, to whom we have paid the check, deposits it as per his wish in an interval of 2 to 4 days, thus there is a difference between both in the cash book and in the bank book, which is done to remove the bank reconciliation.

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