BALANCE CONFIRMATION – SAMPLE LETTER | EMAIL

There are two types of Balance confirmation we need to get for Balance sheet preparation before 31st march.

Balance confirmation – Bank/Creditors/Debtors

• Balance Confirmation from bank
• Balance Confirmation from Customer

Every financial years starts with April-01 and ends on 31st March. To file your income tax you need to prepare all your Trading, Profit and Loss account and Balance sheet. When you preparing Balance Sheet you need to show all your bank balance as on 31st march in Assets side. 

1. BALANCE CONFIRMATION FROM BANK

when your are preparing Balance sheet you need to get Balance Confirmation from your banker. Because the sometimes internet banking might be shown a wrong closing balance. so before showing the closing balance in Balance sheet you we have to get written confirmation from the banker.

Here you can use the format of Balance Confirmation Letter to Bank.

SAMPLE LETTER

Date

Dear Sir,

Sub: Confirmation of Balance – Reg.

First of all i need to thank you for your kind financial support with us. We request you to kindly send us the Certificate of Confirmation of Balance as on 31.03.(Year). We required this confirmation of the balance for balance sheet purpose. Account details has mentioned below for your reference.

1.  ACCOUNT TYPE         –   A/c.No.XXXXXXXXXXXXXX

2.  ACCOUNT TYPE         –   A/c.No.XXXXXXXXXXXXXX 

3.  ACCOUNT TYPE         –   A/c.No.XXXXXXXXXXXXXX

4.  ACCOUNT TYPE         –   A/c.No.XXXXXXXXXXXXXX

Kindly do the needful.

Thanking you,

For Name of the Company

Yours Faithfully,

1. BALANCE CONFIRMATION FROM CUSTOMER

Date

Dear Sir,

Sub: Confirmation of Balance – Reg.

Greetings from (Your Company name)

This is to inform you that, Out books of accounts shows that credit/debit balance of rs. xxxxxxxx as on 31st march (year). we required balance confirmation for audit purpose. kindly send us signed copy of this letter with in 7 days from the date of receipt of this letter. Otherwise we will take this balance is correct. 

If you have any queries regarding this balance kindly write us mail and send your account statement without fail. 

Thanking you,

For Name of the Company

Yours Faithfully,

Tips

Always get confirmation from creditors and debtors in every 3 months.

Not need to get quarter confirmation from bank

Keep filing you hard copies of the confirmation letter with account statement.