Section 25 in The M.P. Zila Panchayats (Accounts) Rules, 1999
25. Reconciliation of Bank Accounts.
(1)The aggregate balances of Bank Register at any given day must tally with the balance as shown in the Bank column of the cash book for the same day.(2)A monthly statement of reconciliation of the balances appearing in the Bank Register shall be prepared in the Form ZP-5 each Bank/Post Office Account.(3)After preparation of reconciliation statement, necessary adjustment entries shall immediately be made and the discrepancies if any on the part of the bank must be reported immediately to the Bank and got rectified.
