Cheques deposited into the bank but not yet collected Cheques issued but not yet presented for payment Bank charges Amount collected by bank on standing instructions of the concern. Amount paid by the bank on standing instructions of the concern. Interest debited by the bank Interest credited by the bank Direct payment by customers into the bank account Dishonour of cheques Clerical errors

all of choose the best is the Answer.,every point affect on both of side but varions site (Bank Reconcilation means to tally to the amount both book) Direct payment by customers into the bank account is my one of the best answer.. Becouse some customer pay on cheque , direct cash deposit ,wire transfer , Tele tranferbut not inform to the conser person/company is on the problems to face Bank Reconcilation

What are the reasons which cause pass book of the bank and your bank book not tally?

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Rashid Mehmood FCCA
10-September-2013

Cheques deposited into the bank but not yet collected
Cheques issued but not yet presented for payment
Bank charges
Amount collected by bank on standing instructions of the concern.
Amount paid by the bank on standing instructions of the concern.
Interest debited by the bank
Interest credited by the bank
Direct payment by customers into the bank account
Dishonour of cheques
Clerical errors

Reconciliation

Question added by SHIHAS ABDUL RAHUMAN , General Accountant , SOLUTIONS ACCOUNTING & BOOK KEEPING
Date Posted: 2016/12/22

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2 Answers

by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

As a matter of fact, all what you have mentioned in your question, can cause pass book of the bank.

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by Yusuf Bahrudeen , Accountant , Al Halabi Ref & kitchen Equipment LLC

all of choose the best is the Answer.,every point affect on both of side but varions site (Bank Reconcilation means to tally to the amount both book)

Direct payment by customers into the bank account

is my one of the best answer..

Becouse some customer pay on cheque , direct cash deposit ,wire transfer , Tele tranferbut not inform to the conser person/company is on the problems to face Bank Reconcilation

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