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  2. Reconciliation of Bank Statements in TallyPrime. A Bank Reconciliation is a process to match all the transactions and bank balances of an organisation with the accounting records of the organisation for a particular period. You can perform the reconciliation manually as well as automatically.

    • What Is Bank Reconciliation Statement?
    • Why We Prepare Bank Reconciliation Statement?
    • Using Auto Bank Reconciliation in Tally.ERP 9
    • Shortcut Key For Bank Reconciliation in Tally.ERP 9
    • How to Undo Bank Reconciliation in Tally.ERP 9?
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    Bank Reconciliation Statement is an explanation of the difference between bank balance as per cash book and bank balance as per Passbook (Bank statement). Sometimes, the bank balance as per cash book and pass book do not tally with each other, then we can know the difference between them by preparing the bank reconciliation statement. The process o...

    If a trader or business organization uses the bank for the transaction, then we use this option. Nowadays all merchants do all their business transactions through the bank and to keep the details of these transactions, cash book and bank book are maintained. When the merchant deposits money in the bank, then it is entered into the cash book and ban...

    After enabling the Auto Bank Reconciliation option, now one can go ahead and reconcile the bank statement with the company’s books following these directions :

    Starting Point: Gateway of Tally Destination: Cash/Bank book Steps 1. Go to gateway of Tally> Display> Account books> Cash/Bank book 2. Select the required bank account and press enter on the required month (or press F2 function button on the keyboard and Specify the required period from which date you want to reconcile your bank account) 3. Now pr...

    To undo bank reconciliation in tally follow these simple steps : Step 1: Go to gateway of Tally> Display> Account books> Cash/Bank book Step 2: Select the required bank account and press enter on the required month for which reconciliation has already been done and for which you have to undo the reconciliation which is already been done. Step 3: Pr...

    Learn how to prepare bank reconciliation statement in Tally.ERP 9, a software for accounting and business management. Find out how to activate auto bank reconciliation, use shortcut keys, and undo reconciliation in Tally.ERP 9.

    • 5 min
  3. A bank reconciliation statement is a summary of all the transactions (deposits, withdrawals, extra charges, and interest) on a company's bank account and its equation with its financial records.

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  4. The Bank Reconciliation option in the Banking menu enables you to reconcile bank accounts. You can access bank reconciliation to print or configure the reconciliation statements, according to your requirements.

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  5. Oct 20, 2023 · Bank reconciliation statement (BRS) involves the process of identifying the transactions individually and match it with the bank statement such that the closing balance of bank in books matches with the bank statement.

  6. 𝕏. Bank Reconciliation. Reconciling the company's bank books with the banker's statement is a regular task of accounting. In Tally.ERP 9, Reconciliation of Bank Books facilitates the following: Ability to check back the correctness of reconciliation. Tally.ERP 9 uses Bank Date to mark the voucher.

  7. Oct 7, 2018 · BRS-Bank Reconciliation Statement | Tally. 205K views 5 years ago [Hindi] TALLY course. Tally full playlist link: • [Hindi] TALLY course. This course is made by Suresh Sharma Sir who is a...

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