What\u2019s the analysis here?<\/em><\/strong><\/p>\n\n\n\nThe account holder can perform bank reconciliation in Tally here to analyze that there were additional expenses in the form of bank charges for a new debit card ordered.<\/p>\n\n\n\n
Therefore, the variation was showing between the customer\u2019s account and that balance sheet shared by the bank through Tally reconciliation. <\/p>\n\n\n\n
Frequently Asked Questions (FAQs)<\/strong><\/p>\n\n\nCan I Perform Bank Statement Reconciliation in Tally in Hindi?<\/h4>
Currently performing bank reconciliation in Tally ERP 9 in Hindi is not feasible. All operations are supported in English only. However, there are many online tutorials in Hindi to help you learn how to perform bank reconciliation in Tally ERP 9.<\/p>
How to delete BRS in Tally ERP 9?<\/h4>
After performing the bank reconciliation in Tally, it is possible to delete that by following these steps:
a.<\/strong> Open second child company
b.<\/strong> Open Gateway of tally. Under that select the option Banking and then Banking reconciliation.
c.<\/strong> Select your desired bank from the list of banks.
d.<\/strong> Click the Opening BRS option. Under that select opening bank allocations. This contains the list of unreconciled transactions related to the particular bank ledger
e.<\/strong> In the date field, press spacebar to clear a transaction from unreconciled list
f.<\/strong> Click accept
g.<\/strong> Alternatively, for users with Tally.ERP 9 release 5.0 and above, the option of delete is present in the opening bank allocation. Select that to clear transactions from the unreconciled list. <\/p>What are the steps to check the bank reconciliation date in Tally?<\/h4>
a.<\/strong> Select gateway of Tally, under that banking and then bank reconciliation. You can select your bank from the list
b.<\/strong> Press F2 to specify period
c.<\/strong> Press F12 and select Yes to show reconciled transactions
d.<\/strong> Date of realisation will start showing in the column for bank date
There are two types of entries while studying bank statements and cash books:
a.<\/strong> Entries that are there in bank statement but not in Tally
b.<\/strong> Entries appearing in Tally but not in bank statements<\/p>What entries are there in a bank statement but not available on Tally?<\/h4>
You might come across such entries while doing bank reconciliation in Tally which include:
a.<\/strong> Interest income
b.<\/strong> Deposit by customer into bank account
c.<\/strong> Charges levied by bank<\/p>Are there any entries that appear in Tally but are not there in bank statements?<\/h4>
BRS in Tally ERP 9 might have such entries, which are:
a.<\/strong> Cheque which has not yet been presented to the customer,
b.<\/strong> Cheques not yet cleared by the bank.<\/p><\/ul><\/div>\n\n\n