Bank Reconciliation

Bank Reconciliation

Bank reconciliation is a process where a company compares its cash balance recorded in its accounting records to the balance reported on its bank statement. This comparison helps identify and rectify any discrepancies between the two balances, ensuring accurate cash flow management and detection of potential errors or fraud.

  • Bank book reconciliation with your bank statement
  • Credit card reconciliation with your statement records
  • Sequencing of checks
  • Balance sheet reconciliation