A bank reconciliation statement is a summary of banking activity, supplied so that accountholders can check for errors or ...

Reconciling your bank account to make sure your records agree with your bank's is an important financial step for any company. As the owner of a small business, it is especially important because you ...

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 ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. A bank reconciliation statement ...