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What are the reasons which cause pass book of the bank and your bank book not tally?

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Question added by Visal Joseph , Tax Manager , Al Mizan Tax Consultants L.L.C
Date Posted: 2017/04/11
Abdullah Aziz Eldain Morsi  Elgendy -        CMA  Candidate
by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies

* Cheques deposited into the bank but not yet collected* Cheques issued but not yet presented for payment* Bank charges* Amount collected by bank on standing instructions of the concern.* Amount paid by the bank on standing instructions of the concern.* Interest debited by the bank* Interest credited by the bank* Direct payment by customers into the bank account* Dishonour of cheques* Clerical errors

teresah njoki
by teresah njoki , RECEPTIONIST , Hilton Hotels World Wide

The reasons for the difference between the balance on the bank statement and the balance on the books include outstanding cheques, deposits in transits, bank service charges, check printing charges, errors on the books, errors by the bank, electronic charges on the bank statement not yet recorded on the books, and electronic deposits on the bank statement that are not yet recorded on the books.

Mohammed El Tahir Mohammed Yousif
by Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products

Any type of payment we deducted from our book balance by recording it but not yet deducted by the bank for any possible reason or vise versa

 

Any type of collection or deposit we add to our book balance by recording it but not yet add by our bank for any possible reason or vise versa

 

Thanks brother for your continues invitation 

 

Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

There are many reasons: _Cheques issued but not yet presented for payment _Chques deposited into the bank but not yet collected *Amount collected by the ba on standing instructions​ of the concern _Amount paid by the bank on standing instructions of the concern _Bank charges _Intrest debited or credited​ by the bank _Clerical errors _Dishonour of cheques

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