Bank Reconciliation
New Reconciliation
Reconciliation History
Bank reconciliation helps you match your book balance with bank statements.
The difference will be calculated automatically for investigation.
| Date | Account | Statement Balance | Book Balance | Difference | Status |
|---|
Reconciliation Tips
Common Differences
- Outstanding checks
- Deposits in transit
- Bank service charges
- Interest earned
How to Fix
- Record missing bank fees
- Add interest income
- Clear outstanding items
- Verify all entries
Best Practices
- Reconcile monthly
- Keep digital records
- Review uncleared items
- Maintain audit trail