What Reconciliation of Accounts.. What kind of ledgers we are reconcile commonly?

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reconcialtion

Question ajoutée par Irshad k , SENIOR ACCOUNTANT , CENTRO DE COSMETICOS TRADING WLL
Date de publication: 2017/03/23

Apprécier (1) Vues (10) Suiveurs (6) Réponses (5) Report Question

par muhammad ali , sernior accountant , diyar al watan trading & contracting

bank accounts ,accounts receivables and payables

Bank Accounts will be reconcilied always

par Ubaid Ullah Sajid , Accounts Executive , ASNB Real Estate Management L.L.C.

Accounts Reconciliation is a process of comparing & analyzing difference between two or more accounts.

Usually Banks / Debtors / Creditors / Sales accounts are reconciled.

par FURQAN MALIK , General Accountant , Al Falah University

Cash book , Invoices and Bank statement are usually reconciled.

par Amit Srivastava , Dy. General Manager (Northern Region) , M/s Kirloskar Pneumatic Co. Ltd.

Cash Book,Transaction Ledger,Invoices,Credit Notes,Debit Notesetc

What are the necessary efforts to be made if your general ledger refuses to balance. how do you reconcile it?
Top Answer: When you are preparing a trial balance, you may find that you have an unbalanced trial balance. This me ... Voir Plus

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In your own opinion, what do you think are the major complications of the bank reconciliation statement?
Top Answer: 1. Bank errors 2.Timing Differences Voir Plus

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What is an intercompany reconciliation?
Top Answer: Intercompany reconciliation is basically the reconciliation of funds transfer to each other, stock transf ... Voir Plus

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Which of the following highlights the correct order of the stages in the accounting cycle?
Top Answer: I agree with Mohammed's answer. (Journalizing, posting to the ledger, trial balance and final accounts ) ... Voir Plus

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