FinAcc Global Guide To Easy Bank Reconciliation
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FinAcc Global Guide To Easy Bank Reconciliation

For a bank statement reconciliation, the account balance provided by the bank is compared to the general ledger of a company or a business. Businesses or companies maintain a record book in which they record both bank tr...

Bank Statement Reconciliation
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Why Is Bank Statement Reconciliation Crucial?

The bank statement tracks all the information of in and out the movement of money within the company accounts, while a general ledger contains a record of its recent transactions. Theoretically, these two fragments state...