The process of bank reconciliation is vital to ensure financial records are correct. You don't want any discrepancies between the bank's figures and yours. According to Principles of Accounting, bank ...

Accounting expands on bookkeeping by proving small-business owners several tools for managing their financial transactions. Bank reconciliations are a common accounting tool business managers use to ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Khadija Khartit is a strategy, investment, ...

Reconciling your bank transactions to your business book is essential to the financial health of your company. However, if you’ve never reconciled your company’s transactions before, the process can ...