Aditya Digital Seva Kendra Bhagwatipur

08/01/2026

07/01/2026

Please contact 086524 51946

03/01/2026

LIC कालातीत (Lapsed) हो चुकी पॉलिसी को फिर से शुरू करने का शानदार मौका दे रहा है।

21/12/2025

Bank Reconciliation (BRS) – Simple Explanation
Bank Reconciliation is the process of matching the bank balance as per bank statement with the cash book balance as per company books to identify and correct differences.

Purpose of Bank Reconciliation
Ensure accuracy of cash records
Detect errors or fraud
Identify pending transactions
Confirm true bank balance

Common Reasons for Differences
Cheques issued but not yet presented
Cheques deposited but not yet cleared
Bank charges not recorded in books
Interest credited by bank
Direct deposits / payments by bank
Errors in cash book or bank statement

21/12/2025

12 critical accounting reconciliations that every business should perform regularly (monthly/quarterly) to ensure accuracy and control:
Bank Reconciliation

Match bank statement balance with cash book balance.

Cash-in-Hand Reconciliation
Physical cash vs cash book balance.

Accounts Receivable Reconciliation
Customer ledger balances vs AR control account / aging report.

Accounts Payable Reconciliation
Vendor ledger balances vs AP control account.

GST Reconciliation

Books vs GST returns (GSTR-1, GSTR-3B, GSTR-2B).

TDS Reconciliation
TDS payable as per books vs Form 26Q/24Q and Form 26AS.
Inventory / Stock Reconciliation
Physical stock vs stock register vs books.

Fixed Asset Reconciliation

Fixed asset register vs general ledger (including depreciation).
Payroll Reconciliation
Salary register vs bank payments vs payroll liabilities.
Statutory Dues Reconciliation
PF, ESI, Professional Tax payable vs challans paid.
Intercompany / Branch Reconciliation
Inter-branch or inter-company balances matching both sides.
Trial Balance vs General Ledger Reconciliation
Ensure TB balances tally with individual ledger accounts.

21/12/2025

12 Critical Reconciliation

09/12/2025

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