This video introduces two essential accounting concepts in Tally Prime: Bank Reconciliation Statement (BRS), which reconciles discrepancies between bank statements and company records through items like checks issued but not cleared, bank charges, interest credits, and missing entries; and Tax Deducted at Source (TDS), a tax collection mechanism applicable to payments such as salary, rent, commission, and consultancy fees.
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Day 1 of mastering BRS & TDS in Tally Prime!Added:
Hi guys.
Bank reconciliation statement.
Check issued but not cleared. Bank charges auto debit. Interest credited.
Missing entries.
What is TDS? TDS up in a tax deducted at source.
Salary persons. Rent and commission received consultancy.
So, BRS and TDS in the render may render useful on a topic.
Rishi tax bizarre YouTube channel long video by the way.
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