Level 1


Hi, This solution provided , I believe will not be acceptable in many countries due to regulatory issues. As per this solution the bank ledger will show three or four smaller amounts and total of all these will be equal to amount as appearing in bank statement. As a prudent practice our Bank ledger in our books should show exactly the same amounts which are appearing in the Bank statement - these should match line by line. The solution provided is a work around and does not ensure line by line match between bank statement and client books.