Balance sheet Finalisation | finalisation of balance sheet | Accounts Finalisation in CA Firm
Accounts Finalisation in CA Firm | Accounts Finalisation Procedure | Balance Sheet Finalisation
How To Final Balance Sheet | Balance Sheet FInal Accounts
Balance Sheet Finalization
in financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
In this video you can understand finalisation of Balance sheet.
Topics timing
1. Introduction - Balance sheet Finalisation | finalisation of balance sheet | Accounts Finalisation in CA Firm - 0:00
2. NO ENTRY ON NATIONAL HOLIDAY – 1:18
3. CONFIRMATION OF S.CREDITORS (SPECIALLY THOSE WITH DEBIT BALANCE) – 3:36
4. CHECK CASH FOR NEGATIVE BALANCE – 5:43
5. COPY OF ALL FULL & FINAL A/C PAPERS REQUIRES – 8:29
6. TALLY OPENING BALANCE WITH LAST YEAR BALANCE SHEET- 9:38
7. TEL. EXP – BILL OF 12 MONTHS ENTERED OR NOT. NARRATION SIMILAR TO THAT OF ELECTRICITY EXP. – 10:56
8. TALLY TDS RETURNS WITH RELEVANT ACCOUNTS. – 11:55
9. AUDIT FEE TO BE ENTERED – 13:43
10. CHECK ALL CASH RECEIPTS. SHOULD BE SIGNED – 14:26
11. CHALLANS OF ALL GOVT. DUES TO BE ENCLOSED WITH I.T.R., VAT/ CST/ ESI/ EPF/ TDS ETC. – 14:52
12. TRANSFER PREVIOUS YEAR PRE- PAID TO RELEVANT EXPENSES HEAD – 16:11
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DISCLAIMER
This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, chartered accountant, tax professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.
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