Register now or log in to join your professional community.
The Bank ledger account contains of all bank transaction recorded and bank statment
First step you should have opening balance as per Accounting book and opening balance as per Bank statement (Available balance in account), secondly you need all the released cheques dates,amount and received cheques or cash deposited dates and amounts.
bank passbook and bank statments
Accounting Entries of Both the parties is required to reconcile their balances.
Bank Statement
Bank Credit and Debit Memos
Bank Ledger per Books .
Outstand checks or withdraws.
Iterest earned
Up date checking accounting ledger check book.
Bank reconciliation for the previous month
The basic information is the bank statement that contains opening & closing balance including all daily transactions.
bank statment as well as bank ledger of company
Bank Statement and bank ledger account statement
The required information for most reconciliations are two (2) sets of records.
In this case, bank recon, you need (1) Bank Statement and (2) Bank Ledgers along with supporting schedules of deposits, cheque receipts and disbursement.
You need a bank statement for the end of the month,then you enter the bank charges, since you will have posted all the the entries,then you start the reconciliation
