Arshiya Tech Forum Index
 
 
 FAQ  •  Search  •  Memberlist  •  Usergroups   •  Register  •  Profile  •  Log in to check your private messages  •  Log in
 
 
 Bank reconcilation View next topic
View previous topic
Post new topicReply to topic
Author Message
viveksrik



Joined: 09 May 2009
Posts: 1

PostPosted: Sat May 09, 2009 10:25 pm Reply with quoteBack to top

Explain bank reconcilation and how its done in genral ledger

vivek
View user's profileSend private message
Zain786
Site Admin


Joined: 07 May 2009
Posts: 8

PostPosted: Sun May 10, 2009 12:38 am Reply with quoteBack to top

There is no Bank Reconcilation done in General Ledger.
General Ledger is a center repository for all financial transactions.
Subledgers send accounting information to General Ledger, in which case we only do subledger ACCOUNT RECONCILATIONS in General Ledger.
Bank Reconcilations are done in CASH MANAGEMENT.
Bank Reconcilation is when bank statements are uploaded in cash management and bank statement lines are matched with payment lines.
Bank statement lines individually are mapped against payment lines.

Zain
View user's profileSend private messageSend e-mail
Display posts from previous:      
Post new topicReply to topic


 Jump to:   



View next topic
View previous topic
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum



Powered by phpBB © 2001/3 phpBB Group :: FI Theme :: All times are GMT

Hosted by ForumCity